Rest’s default option delivers strong returns in 2023

The $75 billion fund has recorded a strong return of 9.5 per cent for its flagship Core Strategy investment option during 2023 although it notes considerable risks to markets in the year ahead.

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How far along is the Active/Vision Super merger?

The acting chief executive of Active Super, Donna Heffernan, has detailed the progress being made in the fund’s merger with Vision Super.

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How much did super return in 2023?

SuperRatings has revealed the estimated annual performance of balanced superannuation funds for 2023, welcoming the “strong return to form” after losses in the previous year.

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Happy New Year from Super Review

Super Review would like to wish all our readers a Happy New Year and looks forward to bringing you all the latest news in 2024.

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Industrial property a ‘key growth area’ for Rest

The superannuation fund is expanding its investment exposure to industrial property through a $1 billion partnership with Barings, a global investment manager.

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AvSuper updates member investment objectives

AvSuper has updated the investment objectives of two options in light of improved expected long-term returns and made changes to its advice provision to members.

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A busy 2023 for the super industry

Coming to the end of 2023, Super Review looks back on what marked a busy year for the industry, including a number of noteworthy consultations and legislation.

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Former director imprisoned for dishonest conduct

ASIC has sentenced former director Mudasir Mohammed Naseeruddin over four years imprisonment for ‘egregious conduct’ and dishonestly obtaining client funds from six investors’ SMSF accounts.

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Government selects super consumer advocate for $5m grant

A consumer advocacy group has been awarded a $5 million grant towards supporting policy development and improving member outcomes in the superannuation sector.

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Aussies call for redefining retirement for a longer lifespan

Over half of Australians hope to live to 100 years, according to MetLife, and 90 per cent believe retirement should be redefined to account for a longer lifespan.

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Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

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Kevin Gorman

Super director remuneration ...

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