Powered by MOMENTUM MEDIA
investor daily logo

News

super

24 November 2021 • By Maja Garaca Djurdjevic • 1 min read

Rest to become first Aussie super fund to invest in crypto

Retail industry fund Rest is considering cryptocurrencies as a way to diversify members’ retirement savings. Rest has confirmed it could be one of ...

READ MORE
icon

Super assets reach $3.4 trillion

Total superannuation assets continued to rise in the September quarter according to the latest figures from APRA. The Australian Prudential ...

READ MORE
icon

Hume cautions funds using members’ money to ‘save their own skins’

Minister for Superannuation Jane Hume has issued a caution to super funds seeking permission from courts to build a special pool of capital to help ...

READ MORE
icon

Super funds set to deliver 10 consecutive years of positive returns

The year 2021 has failed to break the positive streak for growth super funds. Returns for super funds turned positive again in October after ...

READ MORE
icon

Super mergers hit new high

The last 12 months of super mergers may have been the highest on record. The playing field for small and mid-sized super funds continues to ...

READ MORE
icon

Super funds continue shift to international investments

Australia’s super funds are increasingly turning to offshore investing. Super funds have continued to increase their allocations to offshore ...

READ MORE
icon

Super funds on track to deliver double digit gains: SuperRatings

Returns for median balanced funds remained positive in October. Super funds are on track to record double-digit returns for the 2021 calendar year ...

READ MORE
icon

Super funds can play ‘critical role’ in push to net zero

Transparency and accountability might be just as important as returns as the super sector embraces ESG investing. One of Australia’s largest super ...

READ MORE
icon

Cbus seeks to amend rules to create pool of emergency-use funds

Cbus has approached the Supreme Court to seek permission to amend its trust deed to build a special pool of capital to help it service future ...

READ MORE
icon

APRA finalises super insurance reforms

The prudential regulator has released the finalised prudential framework for insurance in superannuation. Ticking off several Royal Commission ...

READ MORE