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20 September 2021 • By Maja Garaca Djurdjevic • 1 min read

HESTA becomes 1st Australian signatory to Paris Aligned Asset Owners group

Super fund HESTA has become the first Australian signatory to the Paris Aligned Asset Owners group that now boasts US$2.35 trillion in funds under ...

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AMP announces more super fee reductions for members

AMP will deliver more super fee reductions for its members starting next month. From 1 October, the wealth giant’s super products will be cut from ...

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Super fund shines light on gender diversity in financial services

HESTA has teamed up with social enterprise Girls of Impact to encourage a focus on gender diversity in the financial services industry. The $64 ...

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‘Won’t be a surprise to them’: APRA on funds that failed performance test

APRA has defended the decision to not provide feedback to the 13 funds that failed the regulator’s inaugural performance test last month

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QSuper and Sunsuper announce merged fund executive team

QSuper and Sunsuper have finalised their merged fund executive team, tasked with leading the blended $200 billion superannuation fund once the merger ...

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Support for ESG shareholder proposals stagnant among super funds

A recent look into the voting patterns of Australia’s 50 largest super funds has shown that only eight funds supported more than 50 per cent of ...

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ASIC voices concerns over super’s preparedness for IDR

The corporate regulator is concerned super trustees are not adequately prepared for the introduction of internal dispute resolution (IDR), aimed to ...

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Super funds set to follow big four banks

The superannuation sector is set to follow Australia’s banking industry with the emergence of a few dominant players as mergers become a more popular ...

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Cbus, Media Super announce merger ‘milestone’

Cbus Super and Media Super have signed a successor fund transfer (SFT) deed, marking the next stage of their merger. The two funds have announced ...

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Super funds’ self-report cards graded F

Super Consumers Australia has labelled the superannuation industry a failure, with research showing all funds believe they are acting in their ...

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