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24 April 2020 • By Sarah Simpkins • 1 min read

Government urged to fill super shortfall with fossil fuel funds

Future Super has called on the government to redirect funds used to subsidise fossil fuel companies to replace retirement savings lost in early ...

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Aussie banks hit with downgrade

One of the world’s leading ratings houses has downgraded a number of Australian banks off the back of weakening economic activity – and upgrades are ...

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Markets march on despite horror data

Markets remain unfazed despite shock unemployment figures and new data showing just how deep the crisis runs. The IHS Markit Purchasing Managers’ ...

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Former Suncorp CEO to chair real estate fund manager

A former chief and managing director of Suncorp is set to become the new chairman of a real estate securities manager. Resolution Capital has ...

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Blackstone cops $1.6bn loss

The coronavirus market meltdown has slapped US investment management giant Blackstone with a US$1.07 billion ($1.6 billion) net loss for the first ...

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Consumer satisfaction down for industry, retail super

New data from Roy Morgan has shown self-managed superannuation and public sector funds both increased their customer satisfaction rates in March, ...

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LGIAsuper cuts unlisted asset values

Queensland-based LGIAsuper has followed the lead of other industry superannuation funds and slashed its unlisted asset values in light of the ...

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ESG passes ‘acid test’

Companies with higher ESG ratings performed better and were more resilient in the market massacre. ESG leaders outperformed laggards in global ...

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Shadow finance minister slams Frydenberg, Bragg in super stoush

Shadow minister for financial services Stephen Jones has blasted the Liberal government’s actions around the early superannuation release scheme, ...

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Early super numbers rise

Senator Jane Hume has revealed the number of Australians who have accessed their superannuation has risen sharply. When the numbers were announced, ...

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