Former adviser has assets frozen amid ASIC super fees investigation

ASIC has commenced “urgent proceedings” in the Federal Court of a former Sydney financial adviser regarding fees charged to clients' superannuation.

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Female Rest members benefit from SG threshold changes

Since the removal of the $450 monthly income threshold for super contributions last July, almost 170,000 female Rest members are receiving more in their super.

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Aware Super secures retirement housing deal

After acquiring full ownership of Oak Tree Retirement Villages, the super fund has become one of Australia’s largest owners of retirement living assets.

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CFS hires AustralianSuper portfolio manager

Colonial First State has appointed John Iles, a former portfolio manager at AustralianSuper, as its new head of cash management and derivatives.

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Total super assets rise 7.6%

After reporting slower growth in the March quarter, total superannuation assets have risen by 7.6 per cent over the past year to surpass $3.5 trillion at the end of June 2023.

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ART signs $4.3bn Woolworths SFT

Australian Retirement Trust has signed a successor fund transfer with Woolworths Group and Endeavour Group to hit $260 billion, with the firm moving over from AMP.

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Iress sees strong H1 performance from super

Financial technology firm Iress says superannuation has seen a 20 per cent growth in revenue in the first half of 2023.

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Legalsuper COO departs amid executive restructure

Legalsuper has announced structural changes to its executive team, resulting in the departure of chief operating officer and former interim chief executive Trevin Erichsen.

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ISA/AIST merger receives super funds' approval

The profit-to-member super funds represented by Industry Super Australia and the Australian Institute of Superannuation Trustees have agreed to create a new unified organisation.

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Former ASFA chief takes up MD role

Dr Martin Fahy, former chief executive of the Association of Superannuation Funds of Australia, has taken up a managing director position at a global consulting firm.

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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 ...

11 months ago

Senator Andrew Bragg has doubled down on super funds regarding their contributions to unions and how they are handling regulatory fines, emphasising that they appear to b...

10 hours ago

The fund has announced the departure of a second senior executive in as many months, with its chief member officer to finish up mid-December....

1 day 6 hours ago

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

1 day 10 hours ago