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Super

super

28 March 2022 • By Jon Bragg • 1 min read

Government extends reduction to minimum super drawdown rates

Treasurer Josh Frydenberg pledged that the government will not increase taxes on superannuation if re-elected. The federal government has announced ...

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Gender superannuation gap narrows

The average super balance for women has grown at a faster pace than for men. A new report has revealed that the average superannuation balance for ...

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HESTA moves forward with internalisation strategy

A “key milestone” has been reached by the super fund as it moves towards managing at least 15 per cent of its $68 billion portfolio in-house

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Rise of mega funds set to intensify, erasing 100 funds by 2025

More than half of super executives have tipped that the current record pace of mergers will continue to accelerate. Super fund executives and ...

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Reducing ‘unnecessary’ regulation on super funds top priority for FSC ahead of election

The Financial Services Council (FSC) has announced its priority policies for the next parliament ahead of the federal election in May. In a report ...

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New platform tackles gender wealth gap in superannuation

Super Fierce has launched the new platform to coincide with International Women’s Day. The Australian fintech’s new wealthtech platform aims to ...

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New standards proposed to address retirement savings uncertainty

The new standards aim to assist Australians understand how much they need to save for retirement. New retirement standards have been proposed by ...

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Second biggest super fund dumps Russian assets as Frydenberg piles on pressure

Australia’s second biggest super fund says it had instructed its investment managers earlier this week to sell Russian debt and equity investments

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Peak body rejects calls to cap super balances

The peak body has maintained it is against any restrictions on “extremely large balances” in superannuation. The SMSF Association CEO John Maroney ...

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ASFA calls to equalise super for men and women by 2030

The Association of Superannuation Funds of Australia (ASFA) has called on government to show its support to equalise superannuation for men and women ...

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