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10 June 2022 • By Jon Bragg • 1 min read

Market headwinds push super fund returns into the negative for FY22

The median balanced super fund lost nearly 1 per cent in May as market volatility continued. SuperRatings has estimated that the median balanced ...

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Active Super and Vision Super explore potential merger

The two super funds, which have a combined $26 billion in funds under management, have signed a memorandum of understanding. Active Super and ...

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LGIAsuper announces new name

New name and look for Queensland-based super fund. Following its merger with Energy Super and acquisition of Suncorp’s superannuation business ...

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Qantas Super invests $2bn towards net zero goal

The super fund has partnered with Calvert and Goldman Sachs to reduce its portfolio emissions. Qantas Super has invested $2 billion in sustainable ...

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New report proposes improvements to insurance in super

ASFA and Deloitte have put forward two potential improvements to the current system. The Association of Superannuation Funds of Australia (ASFA) ...

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Industry super fund suffers major data breach

Around 50,000 member records were impacted by the breach that took place earlier this month. Spirit Super has confirmed that 50,000 of its member ...

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Super fund mergers tipped to persist following BT, Mercer announcement

Head of Mercer Super predicts super mergers will persist over the next few years. On Thursday, Westpac and BT Funds Management announced they have ...

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Two super funds tipped to reach $1tn by 2040

KPMG has released the findings from a new review. At least two Australian super funds could have over $1 trillion in assets by 2040, according to ...

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Superannuation assets climb to $3.4tn

Total super assets have increased by nearly 10 per cent over the past year but are down slightly on the previous quarter.  The Australian ...

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Advocacy group says ‘it is time to test more super investment options’

The organisation has called for action from the new government. Super Consumers Australia has called on the new Albanese government to make ...

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