AusSuper repositions unlisted property after FY22–23 losses

AustralianSuper is repositioning its unlisted property assets after it lost 8 per cent in the financial year 2022–23.

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Equity Trustees combines trustee businesses as it exits UK and Ireland

The firm has announced it will combine its superannuation trustee and corporate trustee services, bringing funds under supervision to almost $150 billion, as it exits its UK and Ireland business.

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Aussies turning online to learn about super

According to analysis by one of Australia’s largest superannuation funds, online searches relating to superannuation have doubled in the last four years.

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How can funds fix their Retirement Income Covenant efforts?

A joint APRA-ASIC report has taken aim at super funds’ Retirement Income Covenant strategies. The answers involve a tech upgrade to offer more tailored support, writes Andrew Zietara.

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Super returns maintain strong momentum in July

SuperRatings has released its latest monthly statistics, demonstrating how funds have built on an upward trend in markets in the first month of the new financial year.

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Calls to liquidate $250bn Future Fund

A think tank has advocated liquidating the fund to pay down $895 billion government debt, noting it is the 10th-largest Commonwealth expense by function and will soon struggle to justify its presence.

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Revolutionising super: Empowering structured giving for impactful philanthropy

With many super fund members passing away with retirement funds unallocated, there is an opportunity for change to allow them to direct their super to charitable organisations, writes Rohani Bixler.

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Which super fund has fallen foul of ASIC’s greenwashing crackdown?

The corporate regulator has commenced its third civil penalty proceedings for alleged greenwashing, with the super fund holding investments in Russia when it had listed it as an excluded country.

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AMP and CBA update on super class actions

AMP and Commonwealth Bank have shared updates on ongoing superannuation class actions as they release their financial results.

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Hejaz launches first Islamic pension product

The $1.3 billion Islamic finance provider has announced Hejaz Islamic Super and Pension, the first Islamic account-based pension product directly offered to Australians.

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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