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22 April 2020 • By Sarah Simpkins • 1 min read

Super funds drain Challenger assets in cash grab

Challenger recorded an 8 per cent drop in assets under management during the March quarter, with the group’s chief citing a volatile market and ramped ...

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Super funds seek support as early release weighs on workers

Workplace mental health and wellbeing organisation SuperFriend has reported a spike in queries from its partner super funds and insurers about ...

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Industry fund data suggests early super figures overblown

Research gathered by the advocacy group for industry super funds has pointed to the fact that the ATO’s initial data around the numbers of people ...

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Coronavirus drains $520m from Australian Ethical

Australian Ethical was shaken by market volatility in the first quarter of the year, recording a drop of a half a billion dollars in funds under ...

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Australia will see ‘mega funds’

Australia’s superannuation sector will soon see its first “mega fund”, but it’s unclear that the benefits of that scale will reach consumers

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Court throws out QSuper, fund manager appeals against AFCA

The Federal and Supreme Courts have dismissed the appeals of QSuper and a boutique fund manager against the financial complaints authority, after both ...

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Government, APRA press super funds for quick early redemptions

The Morrison government has backed the prudential regulator’s guidance given on Thursday, setting the expectation for superannuation funds to make the ...

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Unlisted asset concerns ‘too simplistic’, industry super CIO says

The scrutiny around superannuation funds’ unlisted assets and their liquidity ahead of the early super roll out has been too superficial, the chief ...

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Super fund slashes leadership pay by 10%

A superannuation fund’s directors and executives have committed to a 10 per cent cut in remuneration, as the fund buckles down for the COVID-19 crisis

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Super fund halves fees for jobless members

A women-centred superannuation fund has slashed its fees for members that have become newly unemployed as a result of the coronavirus crisis

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