HESTA and Aware Super invest in renewable energy platform

The two funds would back Intera Renewables, a newly-established platform that would aggregate five operational renewable energy assets across Australia into a single entity of scale.

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HESTA removes AGL from watch list

Following public criticism last year, improvements to energy firm AGL and a new chief executive mean HESTA has removed the firm from its watchlist.

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Transforming a Government super fund: CSC

Commonwealth Super Corporation has shared how the fund is progressing through its five-year transformation project plus the thinking behind the termination of a planned merger with AvSuper.

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BT to streamline super offerings ahead of Mercer merger

The closure of BT’s Retirement Wrap is part of a streamlining process of its remaining super business not part of the merger, the firm confirmed.

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NGS Super falls victim to cyber attack

Industry super fund NGS Super has revealed it fell victim to a cyber attack earlier this month that resu

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Inflation hits spending patterns of retirees

Some 80% of retirees say they are already negatively feeling the impact of inflation and the majority are concerned it will mean they run out of money, according to Challenger.

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Sustainability claims in super on ASIC’s radar

The corporate regulator has reiterated its commitment to addressing greenwashing in the superannuation industry since launching court action against Mercer Super last month.

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Decrease in super fund satisfaction breaks record high

According to Roy Morgan, member satisfaction in superannuation funds decreased from 72% in January 2022 to 66.6% during February 2023.

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legalsuper announces new chief executive

A former AMP and ANZ senior executive has been announced as the new CEO of legalsuper.

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Portfolio differences between advised and self-directed SMSFs

| By Laura Dew |

There is a marked difference in the asset allocations of advised and self-directed self-managed superannuation funds, according to AUSIEX.

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