Cost of retirement climbs as super struggles to keep up

The amount needed to set aside for a comfortable retirement continues to grow, as Finder indicates the figure is approximately double what Australian retirees will actually have.

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Negative performance weighs on Q3 super AUM

Total superannuation assets saw a marginal decline of 0.1 per cent over the September quarter thanks to negative markets, but MySuper assets saw a double-digit rise, APRA’s quarterly data shows.

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ASIC to further target superannuation in 2024 priorities

ASIC has announced its enforcement priorities for 2024, which include two new points relating to the superannuation industry.

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Newly-merged AIST and ISA body appoints CEO

The Super Members Council of Australia, the newly formed organisation of the AIST and ISA, has appointed its first chief executive.

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Super complaint delays still a concern for Jones

Superannuation complaints to the Australian Financial Complaints Authority about delays in claim handling have persisted into the financial year 2024, as Stephen Jones continues to express his concerns on the matter.

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ART completes CBA Group Super merger

Australian Retirement Trust has completed its merger with the $12.3 billion Commonwealth Bank Group Super.

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Rest appoints public policy head from HESTA

Rest has appointed Enrico Burgio from HESTA as head of public policy to support policy and regulatory outcomes in the best interests of the fund’s members.

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How much could super funds return in 2023?

With the calendar year end fast approaching, research house Chant West has shared how much it is expecting the median growth super fund to return for the 12-month period.

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Objective of super bill reaches Parliament

The government has revealed the final chosen wording of its objective of superannuation as the bill is introduced in Parliament.

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Paying advice through super makes QAR draft legislation

The government’s first consultation on its Delivering Better Financial Outcomes reforms includes clarification for super funds around paying for financial advice through one’s superannuation account.

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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. ...

10 months 3 weeks ago
Kevin Gorman

Super director remuneration ...

11 months ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

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The CEO of Cbus has defended the fund’s relationship with the CFMEU....

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The $89 billion fund has announced a new leadership role within its private markets team....

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