Inflation pinch drives slightly negative super returns

With SuperRatings estimating a 0.2 per cent loss on the median balanced option in May, inflation and tightening monetary policy have continued to affect super fund returns.

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HESTA achieves 2030 climate target

The superannuation fund has met its initial climate target of a 33 per cent reduction in normalised portfolio emissions by 2030, eight years ahead of schedule.

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ART makes 3 senior leadership appointments

The $240 billion fund has appointed a new chief member officer; chief of staff; and executive general manager for advice, guidance, and education.

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Super funds distance themselves from PwC

Two of Australia’s largest super funds have frozen new contracts with PwC, while others have told Super Review they are undertaking reviews of their consultancy relationships.

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AMP sells SuperConcepts business

| By Laura Dew |

AMP is selling its SuperConcepts self-managed superannuation fund (SMSF) admin and software business. 

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APRA bemoans difficulty in convincing Choice trustees to move members

The Australian Prudential Regulation Authority (APRA) has indicated it is harder to persuade trustees of

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Government to pause CDR in super

Minister for Financial Services, Stephen Jones, has announced the expansion of the Consumer Data Right into superannuation will not happen for at least two years.

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Vision Super and Active Super enter next merger stage and announce CEO

Vision Super and Active Super have signed a merger heads of agreement and announced who will be chief executive of the combined fund.

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ASIC cancels registration of 29 SMSF auditors

| By Rhea Nath |

The registrations of 29 self-managed superannuation fund auditors have been cancelled for failing to lodge annual statements.

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NGS Super acting CEO takes up permanent role

Natalie Previtera, acting chief executive at NGS Super for the last nine months, has been permanently appointed to the role with unanimous board support.

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Grant Banner

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Super director remuneration ...

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