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14 June 2023 • By Reporter • 1 min read

OnePath hit with APRA fine, acknowledges failings

The firm has accepted fault for 125 regulatory infringements relating to its management of member contributions. The Australian Prudential ...

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Super funds applaud Jones’ QAR response that elevates their role in advice

Superannuation funds have broadly welcomed the government’s response to the Quality of Advice Review, after Minister Jones unveiled its details at a ...

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Hostplus dumps single sector property, infrastructure funds

The superannuation trustee has withdrawn the funds amid concerns over the outlook for the commercial property market. Hostplus has told members it ...

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HESTA surpasses initial climate goal ahead of plan

The fund says it has met its initial climate target well ahead of schedule. HESTA has announced that it has achieved its initial climate target of ...

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Super funds deliver slightly negative returns in May

SuperRatings has published its estimates for May’s super fund returns. The median balanced superannuation option delivered a -0.2 per cent return ...

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Active Super and Vision Super ink merger deal

The two super funds, which have a combined $26 billion in funds under management, have signed a merger heads of agreement. Active Super and Vision ...

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Competition ‘far from a concern’ in super industry: APRA

The deputy chair of the prudential regulator has dismissed competition concerns in the superannuation industry amid the rise in mergers and ...

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ASIC slaps halt orders on Spaceship Super and Spaceship Voyager Funds

The corporate regulator has halted offers of Spaceship Super and Spaceship Voyager Funds. In a statement on Friday, the corporate regulator said it ...

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CareSuper and Spirit Super agree to merge

The two super funds have entered into a binding agreement to merge following an extensive due diligence process. CareSuper and Spirit Super ...

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Link and Rest extend partnership for further 5 years

Link Group has officially renewed its mandate with the industry fund, extending their partnership spanning three decades. Commencing this month, ...

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