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31 March 2023 • By Jon Bragg • 1 min read

Feedback sought on proposed 30% tax on super balances over $3m

The Albanese government’s plan to reduce tax concessions available to individuals with super balances above $3 million is now up for consultation

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New legislation to tackle unpaid super

The government is working to protect more employees from “dodgy” underpayment of super contributions. Legislation is set to be introduced into ...

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NGS Super outlines response to cyber attack

NGS Super is working with cyber security experts to determine the impact of the attack, which involved “limited data” being taken from the industry ...

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Australians less satisfied with super amid market volatility

Super fund satisfaction has continued to decline after peaking last January. Overall super fund satisfaction among Australians fell to 66.6 per ...

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Super balances hit by $247bn decline

Australians’ super balances fell significantly last year as asset prices declined. Superannuation balances lost 6.7 per cent or $246.8 billion of ...

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ASIC demands ‘meaningful improvements’ from super funds on insurance outcomes

ASIC has urged super funds to make meaningful improvements to their life insurance arrangements in order to deliver better outcomes for members

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ART set to merge with Alcoa Super

Australian Retirement Trust has announced its third merger of the year so far. Australian Retirement Trust (ART) has announced it has entered into ...

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CareSuper reveals net zero roadmap to manage climate-related risks and opportunities

CareSuper has launched its net zero roadmap as part of its responsible investment strategy, aimed at effectively handling climate-related investment ...

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Aware Super outlines team restructure and growth ambitions

The super fund is introducing a range of new initiatives to fuel its growth agenda. Aware Super has announced a team restructure as part of the ...

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Super funds post negative returns but manage to avoid significant volatility

According to SuperRatings, returns were subdued during the month of February. The latest estimates from superannuation research house SuperRatings ...

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