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Super

super

23 September 2020 • By Sarah Simpkins • 1 min read

‘Sole purpose test doesn’t work’, senator says

Liberal senator Andrew Bragg has accused industry super funds of misusing members’ money for operating a media outlet and advertising campaigns, ...

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Natixis firm wins Hostplus private equity mandate

Natixis Investment Management firm Flexstone Partners has secured a US$100 million ($138.5 million) private equity mandate from Hostplus. The ...

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AMP, OnePath, Macquarie super funds giving lowest returns

Superannuation fund members are spending almost $35 billion on fees every year according to a new report, which has also named AMP, OnePath and ...

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SG amnesty returns half a billion in unpaid super

Almost $600 million will be returned to the superannuation accounts of 400,000 Australians due to the one-off superannuation amnesty. In a rare ...

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Super funds back in black

Super funds are officially back in black despite liquidity fears and market volatility earlier in the year, according to SuperRatings. Super funds ...

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‘There was never going to be a problem’: Sicilia

Hostplus chief investment officer Sam Sicilia has slammed speculation that the fund would have liquidity problems due to early release and said it ...

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Costs a barrier for super mergers: PwC

The costs of consolidation could see smaller superannuation funds “wipe out their whole reserves overnight”, an expert has warned, despite ongoing ...

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High fundie wages driving Cbus investments in-house

The newly elected Cbus chief and former BlackRock boss has stated high salaries have propelled tall profit margins for external fund managers, as the ...

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Are super funds failing on climate change?

Super funds are talking the talk on climate change – but are they walking the walk? A report from ClimateWorks Australia in partnership with Monash ...

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Recruitment, career progression for women key to investment diversity

How funds approach their recruitment and career progression for female staff, particularly after maternity leave, is essential to addressing a ...

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