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Super

22 August 2023 • By Jon Bragg • 1 min read

$250bn added to super system in FY23, total assets now exceed $3.5tn

APRA has published its latest quarterly superannuation statistics. Australia’s total superannuation assets reached $3.54 trillion at the end of ...

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AIST, ISA issue merger update

The Australian Institute of Superannuation Trustees (AIST) and Industry Super Australia (ISA) have provided an update on their merger plans

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ART looks to double sustainable investments team

Australian Retirement Trust (ART) has announced plans to expand its sustainable investments team. The super fund said it aims to enhance its focus ...

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Aware Super reveals retirement housing group buyout

The fund has acquired a 100 per cent stake in Oak Tree Group, adding to its $5 billion exposure in the living sector. Aware Super has announced the ...

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Super funds push for reforms to super tax

Twelve superannuation funds have penned a letter to the government, calling for immediate reforms to the Low-Income Superannuation Tax Offset

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Strong super fund returns continue in new financial year

Super funds have kicked off the new financial year on a positive note. The latest data from research house SuperRatings has revealed that the ...

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NGS Super ‘ahead of schedule’ on decarbonisation pledge

The industry super fund is on track to decarbonise its portfolio by 2030. NGS Super has revealed that it is making “faster than expected” progress ...

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Aware Super boasts benefits of digital transformation

More than 1.1 million Aware members have been migrated onto a single platform. Aware Super has claimed that the migration of more than 1.1 million ...

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Super fund takes stake in $1.1bn industrial property portfolio

One of Australia’s largest super funds has expanded its property portfolio. UniSuper has announced it has acquired a 50 per cent stake in an ...

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UniSuper invests in impact funds manager

The super fund has named NorthStar as a specialist external listed equities manager. UniSuper has made an investment in NorthStar Impact, a ...

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