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06 July 2022 • By Jon Bragg • 1 min read

UniSuper and Australian Catholic Super reach next merger ‘milestone’

The two super funds have now signed a successor fund transfer deed. The merger between UniSuper and Australian Catholic Superannuation (ACS) has ...

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Rest expands responsible investment mandate

The super fund has expanded its mandate with a focus on carbon reduction.  Rest has announced an expansion to its sustainability mandate with ...

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Retirement Income Covenant comes into effect as compulsory super turns 30

Super funds must now have a retirement income strategy in place. The government’s Retirement Income Covenant (RIC) legislation has now come into ...

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Super funds confident they will meet 1 July RIC deadline

Super fund leaders are confident they will meet the impending RIC deadline. A recent survey of 19 super funds has revealed that Australian super ...

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Super trustees told to brace for ‘rough seas’ ahead

APRA chair Wayne Byres has told super trustees to brace for “some rough seas” ahead. Speaking at a Trans-Tasman Business Circle event, Wayne Byres ...

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New report gives YFYS performance test tick of approval

The report looked at how accurate APRA’s test is in identifying poor performance.  New analysis from pension fund researcher CEM Benchmarking has ...

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One in five Choice super products tipped to fail performance test

SuperRatings has estimated that around 20 per cent of Choice options will fail their first performance test. When APRA’s annual super fund ...

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Super funds could be heading towards worst loss since GFC

Medium growth superannuation funds are down by some 5 per cent for this financial year to date. The magnitude of recent market fluctuations has ...

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J.P. Morgan wins global bond mandate from TWUSUPER

The mandate forms part of the industry super fund’s efforts to adapt to YFYS. TWUSUPER has awarded J.P. Morgan Asset Management a significant ...

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Squirrel Super slapped with fine for false and misleading marketing

Squirrel Superannuation Services has been ordered to pay a $55,000 penalty for false and misleading marketing. A superannuation-focused fintech ...

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