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Super

super

31 August 2022 • By Maja Garaca Djurdjevic • 1 min read

Future Fund assets dip below $200bn

Future Fund’s assets have dipped below $200 billion.  The Future Fund posted a negative 1.2 per cent return over the financial year, which pushed ...

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Australia's worst performing super funds revealed

APRA has released the results of its second performance test, revealing that a total of five funds have failed to meet the objective benchmark

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Funds in need of merger partner left with fewer opportunities due to APRA test, experts says

KPMG has examined the annual performance test and its impact on consolidation in the superannuation industry. With the results of APRA’s second ...

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Vanguard to launch superannuation product by end of year

APRA has granted the multinational index giant an RSE licence. APRA has granted Vanguard Super Pty Ltd, a trustee of Vanguard Super, a registrable ...

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Government commits to sweeping super reforms

The new government wants superannuation funds to up their game regarding the energy transition and investing in housing.  Speaking at the ...

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Lutheran Super to merge with Mercer Super

According to Lutheran Super, the merger is in the best interests of its members. On Tuesday, $700 million not-for-profit super fund Lutheran Super ...

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Market volatility drives $15bn reduction in super assets

APRA has released its quarterly superannuation statistics. According to new figures released by APRA, superannuation assets totalled $3.313 ...

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Julie Lander departs CareSuper

CareSuper has confirmed the departure of long-standing CEO Julie Lander. Industry super fund, CareSuper, has announced its intention to recruit its ...

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YFYS performance test guilty of extinguishing ‘best ideas’, researcher finds

While funds managed to avoid the worst of the recent volatility, a research house has argued that their performance could have been far better had it ...

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HESTA and Mercy Super proceed with merger

HESTA and Mercy Super have agreed to proceed with merger. After announcing their intentions to merge in June, HESTA and Mercy Super have now inked ...

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