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21 June 2022 • By Maja Garaca Djurdjevic • 1 min read

Super funds could be heading towards worst loss since GFC

Medium growth superannuation funds are down by some 5 per cent for this financial year to date. The magnitude of recent market fluctuations has ...

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J.P. Morgan wins global bond mandate from TWUSUPER

The mandate forms part of the industry super fund’s efforts to adapt to YFYS. TWUSUPER has awarded J.P. Morgan Asset Management a significant ...

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Squirrel Super slapped with fine for false and misleading marketing

Squirrel Superannuation Services has been ordered to pay a $55,000 penalty for false and misleading marketing. A superannuation-focused fintech ...

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Market headwinds push super fund returns into the negative for FY22

The median balanced super fund lost nearly 1 per cent in May as market volatility continued. SuperRatings has estimated that the median balanced ...

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Active Super and Vision Super explore potential merger

The two super funds, which have a combined $26 billion in funds under management, have signed a memorandum of understanding. Active Super and ...

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LGIAsuper announces new name

New name and look for Queensland-based super fund. Following its merger with Energy Super and acquisition of Suncorp’s superannuation business ...

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Qantas Super invests $2bn towards net zero goal

The super fund has partnered with Calvert and Goldman Sachs to reduce its portfolio emissions. Qantas Super has invested $2 billion in sustainable ...

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New report proposes improvements to insurance in super

ASFA and Deloitte have put forward two potential improvements to the current system. The Association of Superannuation Funds of Australia (ASFA) ...

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Industry super fund suffers major data breach

Around 50,000 member records were impacted by the breach that took place earlier this month. Spirit Super has confirmed that 50,000 of its member ...

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Super fund mergers tipped to persist following BT, Mercer announcement

Head of Mercer Super predicts super mergers will persist over the next few years. On Thursday, Westpac and BT Funds Management announced they have ...

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