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Super

super

06 July 2020 • By Lachlan Maddock • 1 min read

AustralianSuper delivers long-shot positive return

AustralianSuper has delivered a modest return against the odds and revealed that it saw almost $8 billion in funds converted to cash during the ...

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APRA tips early super to surge

The prudential watchdog has signalled that funds should brace themselves for high volumes of early super applications in the second tranche of the ...

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Superannuation falls for the first time in 11 years

For the first time in over a decade, superannuation members have seen negative growth on their return for the financial year, new research has shown

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First State, VicSuper merge

The two industry funds have completed a merger that has been years in the making and now have a combined $120 billion in funds under management

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Super restrictions eased

The Morrison government has confirmed changes to regulations around the work test for superannuation and a lift in the maximum age for spouse ...

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‘A complete furphy’: Combet slams super freeze

The chair of Industry Super Australia has demanded criteria be tightened following the early release scheme and slammed arguments against the increase ...

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Early super payments hit $17bn and rising

Early super payments are still increasing by more than $1 billion a week, according to the latest APRA statistics. The data, released on Monday, ...

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MySuper funds not budging on fee reductions

The prudential regulator will write to the trustees of a number of MySuper funds that are “seriously underperforming” on fees, after it emerged the ...

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Morningstar CIO joins Rest

Rest has recruited a Morningstar lead and former track athlete to be its first chief investment officer under its new structure. Andrew Lill is set ...

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Compulsory super credited for $500bn retirement savings

ASFA has estimated Australian households have $500 billion in savings that they otherwise would not have saved without the superannuation guarantee, ...

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