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08 September 2021 • By Michael Karpathios • 1 min read

Support for ESG shareholder proposals stagnant among super funds

A recent look into the voting patterns of Australia’s 50 largest super funds has shown that only eight funds supported more than 50 per cent of ...

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ASIC voices concerns over super’s preparedness for IDR

The corporate regulator is concerned super trustees are not adequately prepared for the introduction of internal dispute resolution (IDR), aimed to ...

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Super funds set to follow big four banks

The superannuation sector is set to follow Australia’s banking industry with the emergence of a few dominant players as mergers become a more popular ...

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Cbus, Media Super announce merger ‘milestone’

Cbus Super and Media Super have signed a successor fund transfer (SFT) deed, marking the next stage of their merger. The two funds have announced ...

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Super funds’ self-report cards graded F

Super Consumers Australia has labelled the superannuation industry a failure, with research showing all funds believe they are acting in their ...

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Wealth manager proves ethical investing is not poor investing

A “seismic shift” is occurring in consumer attitudes towards responsible investing and the ongoing relative outperformance of ESG and green funds, ...

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13 funds fail government’s inaugural performance test

APRA has released the results of its inaugural performance test, revealing that a total of 13 funds have failed to meet the objective benchmark

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Maritime Super dumps ISA days before failing YFYS test

Industry Super Australia has confirmed Maritime Superannuation will no longer fall under its brand, with the latter tipped to save $350,000 due to the ...

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Your Future, Your Super performance test will hold funds accountable and ‘warn others’

The performance test featured in government’s Your Future, Your Super legislation will “hold trustees to account”, according to an APRA executive ...

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No super products ‘exempt’ from having performance test results published

No product will be exempt from having its performance test results published as part of the government’s Your Future, Your Super legislation

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