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Super

31 July 2024 • By Rhea Nath • 1 min read

Coalition renews calls to ramp-up scrutiny of super boards amid CFMEU scandal

Speaking at an industry event this week, the shadow assistant treasurer has raised concerns of “vested interests” with regard to the Labor Party, ...

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Industry body warns super for housing could impact investment returns

New research suggests dipping into superannuation for home ownership could have ripple effects on fund returns and the “deep well” of capital that can ...

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CareSuper and Spirit Super unveil merger date, executive leadership team

The funds have offered more details ahead of a merger that will create a $50 billion fund with more than 500,000 members. CareSuper and Spirit ...

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Ethical fund says it is ‘not chasing short-term gains’ amid more modest FY23–24 return

Australian Ethical has reiterated it is “not chasing short-term gains” as it reaffirms its commitment to invest ethically. Australian Ethical has ...

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ART crosses $300bn in FUM, announces executive leadership revamp

The fund has announced a number of new developments to drive its next phase of strategic growth. Australian Retirement Trust (ART) has hit a new ...

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Rest backs TowerBrook’s PE fund in latest impact investment

Rest has made a US$75 million commitment to TowerBrook Capital Partners’ Delta private equity impact fund as part of its impact investment allocation

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Mega funds ramp up investment towards housing development

Two super funds have joined forces to take ownership stakes in a newly merged housing developer. Specialist affordable housing investment manager ...

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Time to reconsider the home as fourth pillar of retirement income, research says

New research has suggested it’s time to reconsider the home as a fourth pillar of the retirement income system, alongside the age pension, ...

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APRA issues $10.7m infringement notices to super trustee

The infringement notices and court-enforceable undertaking from APRA aim to address alleged compliance deficiencies by the trustee. The prudential ...

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The best-performing growth funds of FY23–24 revealed

New analysis has found an industry fund and two corporate funds have topped the list. Mine Super, Colonial First State, and Insignia share the ...

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