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Super

super

06 July 2020 • By Sarah Simpkins • 1 min read

APRA tips early super to surge

The prudential watchdog has signalled that funds should brace themselves for high volumes of early super applications in the second tranche of the ...

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Superannuation falls for the first time in 11 years

For the first time in over a decade, superannuation members have seen negative growth on their return for the financial year, new research has shown

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First State, VicSuper merge

The two industry funds have completed a merger that has been years in the making and now have a combined $120 billion in funds under management

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Super restrictions eased

The Morrison government has confirmed changes to regulations around the work test for superannuation and a lift in the maximum age for spouse ...

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‘A complete furphy’: Combet slams super freeze

The chair of Industry Super Australia has demanded criteria be tightened following the early release scheme and slammed arguments against the increase ...

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Early super payments hit $17bn and rising

Early super payments are still increasing by more than $1 billion a week, according to the latest APRA statistics. The data, released on Monday, ...

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MySuper funds not budging on fee reductions

The prudential regulator will write to the trustees of a number of MySuper funds that are “seriously underperforming” on fees, after it emerged the ...

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Morningstar CIO joins Rest

Rest has recruited a Morningstar lead and former track athlete to be its first chief investment officer under its new structure. Andrew Lill is set ...

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Compulsory super credited for $500bn retirement savings

ASFA has estimated Australian households have $500 billion in savings that they otherwise would not have saved without the superannuation guarantee, ...

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Super funds outperforming international peers, industry body reports

Australian superannuation funds have performed strongly against their overseas counterparts according to an analysis from an industry body

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