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23 March 2023 • By Jon Bragg • 1 min read

Super balances hit by $247bn decline

Australians’ super balances fell significantly last year as asset prices declined. Superannuation balances lost 6.7 per cent or $246.8 billion of ...

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ASIC demands ‘meaningful improvements’ from super funds on insurance outcomes

ASIC has urged super funds to make meaningful improvements to their life insurance arrangements in order to deliver better outcomes for members

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ART set to merge with Alcoa Super

Australian Retirement Trust has announced its third merger of the year so far. Australian Retirement Trust (ART) has announced it has entered into ...

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CareSuper reveals net zero roadmap to manage climate-related risks and opportunities

CareSuper has launched its net zero roadmap as part of its responsible investment strategy, aimed at effectively handling climate-related investment ...

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Aware Super outlines team restructure and growth ambitions

The super fund is introducing a range of new initiatives to fuel its growth agenda. Aware Super has announced a team restructure as part of the ...

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Super funds post negative returns but manage to avoid significant volatility

According to SuperRatings, returns were subdued during the month of February. The latest estimates from superannuation research house SuperRatings ...

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First Super and IFM Investors develop new ESG equities strategy

The strategy prioritises companies with strong ESG practices including labour rights. IFM Investors has been appointed by industry super fund First ...

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Senate orders govt to reveal super tax modelling

The Albanese government has been ordered to publish Treasury modelling detailing the projected impact of its super tax reforms amid concerns the ...

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Have Australians welcomed Labor’s super tax changes?

While the changes have faced backlash in some circles, recent polls indicate that Labor has garnered support from at least half of the population

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‘Disheartening’ super gender gap shows more still needs to be done: Morningstar

Morningstar has taken a closer look at APRA’s annual fund-level super statistics. Australia continues to suffer from a significant superannuation ...

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