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04 September 2023 • By Jon Bragg • 1 min read

Equity Trustees’ super trustee business exceeds $50bn in funds under supervision

The superannuation trustee business grew by almost $10 billion during the past financial year, with Equity Trustees highlighting further growth in the ...

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Draft legislation on super objective released for consultation

The government has initiated a new round of consultation towards enacting an objective of super. The government is consulting on the Superannuation ...

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Shadow minister challenges Labor’s super proposal

A senior Opposition member has identified holes in the government’s objective of super proposal. Jane Hume, shadow minister for finance, stressed ...

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Failing the performance test: Insignia, AMP and ART respond

Insignia, Australian Retirement Trust and AMG Super are among those whose products have received an F from the prudential regulator. Firms impacted ...

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More than 1 in 10 trustee-directed products fail APRA’s performance test

The regulator has released the results of its latest superannuation performance test. The Australian Prudential Regulation Authority (APRA) has ...

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Retirees aren’t hoarding funds, says industry figure

The facts show that money is not being hoarded by retirees, a super industry figure has said. The government is currently engaged in a narrative ...

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Iress to drive digital transformation of merged Spirit Super, CareSuper

The two funds have chosen Iress to underpin their merged entity with the aim of leveraging the technology company’s platform capabilities

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Industry leaders dispute regulators’ critique of RIC implementation

The review into how funds have gone about implementing the RIC has been criticised as flawed. In July, a joint review by the Australian Prudential ...

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ART takes next merger step by signing HOA

ART has progressed another merger. AvSuper and the Australian Retirement Trust (ART) have formally entered into a heads of agreement (HOA). In a ...

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How thousands are benefiting from super threshold removal

A super fund has analysed how the dumping of the monthly income threshold for super guarantee contributions last year has impacted its members

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