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15 August 2022 • By Jon Bragg • 1 min read

Super fund returns bounce back

The recent strong performance of equity markets has boosted fund returns.  Australia’s superannuation funds bounced back from earlier losses in ...

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New data shows how many Choice super products would have passed APRA’s performance test

The government has delayed the inclusion of trustee-directed products in the test. SuperRatings has estimated that nine out of 10 Choice options ...

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Signs of ‘significant compliance issues’ in super fund dispute resolution

ASIC has conducted surveillance on the complaints handling of funds. Indicators of significant compliance issues have been identified during ASIC’s ...

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Despite consolidation, super industry still a ‘fair distance’ away from optimal size

APRA has shared its view on the ideal size of the superannuation industry. APRA chair Margaret Cole has indicated that Australia’s superannuation ...

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Super fund customer experience benchmark holds steady

While other sectors recorded improvements in the quality of customer interactions, the super sector remained flat. The quality of customer ...

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APRA finalising work on second MySuper performance test

A total of 13 super funds failed the inaugural performance test in 2021. APRA member Margaret Cole said the prudential regulator is finalising work ...

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More than half of Aussies believe super won't provide a comfortable retirement

Less than half of Australians believe their superannuation alone will be able to provide them with a comfortable retirement, according to a recent ...

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Major Aussie super funds accused of greenwashing with ‘sustainable’ options

A number of sustainable investment options have been found to invest in companies with fossil fuel expansion plans. Some of Australia’s largest ...

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Spirit Super appoints asset consultant

A global investment consultant has been appointed by Australia’s newest national industry super fund as its asset consultant.  Spirit Super is an ...

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ASIC tells Australians to actively manage their super

The regulator has encouraged active engagement with superannuation. ASIC COO Warren Day has called on Australians to actively engage with their ...

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