Powered by MOMENTUM MEDIA
investor daily logo

Super

super

27 May 2022 • By Neil Griffiths • 1 min read

Two super funds tipped to reach $1tn by 2040

KPMG has released the findings from a new review. At least two Australian super funds could have over $1 trillion in assets by 2040, according to ...

READ MORE
icon

Superannuation assets climb to $3.4tn

Total super assets have increased by nearly 10 per cent over the past year but are down slightly on the previous quarter.  The Australian ...

READ MORE
icon

Advocacy group says ‘it is time to test more super investment options’

The organisation has called for action from the new government. Super Consumers Australia has called on the new Albanese government to make ...

READ MORE
icon

Super funds in red with only 6 weeks to go in FY22

Unless a recovery takes place in the coming weeks, super funds will experience their fifth negative financial year since the introduction of ...

READ MORE
icon

Super home buyer scheme could ‘torpedo’ super savings

Industry Super Australia has argued that the scheme would force funds to hold more cash. New modelling from Industry Super Australia (ISA) has ...

READ MORE
icon

Major parties urged to commit to bold super reform

A lifetime concessional contribution cap is once again being floated as the right solution for all Aussies. Chartered Accountants Australia and New ...

READ MORE
icon

Super funds at risk of falling into negative in FY22

With two months to go in the current financial year, super funds are only just in the black. The median balanced super fund lost 1.1 per cent in ...

READ MORE
icon

Super system 'can do better': APRA chair

Wayne Byres discussed the sector at a FINSIA event. Australia’s $3.5 trillion superannuation savings pool is a key asset, but the “system can be ...

READ MORE
icon

UniSuper announces merger 'milestone'

UniSuper and Australian Catholic Superannuation have concluded that a merger is in the best financial interests of their respective members

READ MORE
icon

‘Australians should not have to choose’: Industry reacts to Coalition’s Super Home Buyer Scheme

The Morrison government’s new plan has been met with a mixed response by industry stakeholders. On Sunday, Prime Minister Scott Morrison announced ...

READ MORE