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04 May 2023 • By Charbel Kadib • 1 min read

‘Mega’ funds expand share of super sector

Market volatility has widened the competitive gap in the superannuation industry, with seven of Australia’s largest funds increasing their collective ...

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Payday super embraced as setting a ‘level playing field’ for employers

The superannuation industry has expressed its support for the federal government’s move to mandate the payment of super at the same time as wages

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VicSuper members transferring to Aware Super

Aware Super has announced that the VicSuper name will be retired, and members will now be under the Aware Super brand. VicSuper and Aware Super (at ...

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Super contributions hit record levels

The 2021–22 financial year saw super contributions increase to their highest levels, hitting a record $163 billion. According to research from ...

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Closing ‘dud’ Choice products to new members is no punishment, says ISA

Industry Super Australia has responded to APRA’s latest Choice Heatmap. Preventing underperforming funds from taking on new members will not help ...

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1 in 5 Choice options ‘significantly underperform’ APRA’s benchmarks

The prudential regulator has published its latest Choice Heatmap. The Australian Prudential Regulation Authority’s (APRA) latest Choice Heatmap has ...

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Industry funds move forward with merger plans

TWUSUPER and Mine Super have announced that they are moving towards a merger. The industry super funds have executed a heads of agreement to create ...

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Board member departs Spirit Super

Spirit Super has announced that a long-term board member will leave the super fund at the end of the financial year. After nearly 12 years as a ...

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UniSuper appoints Revolution to manage private debt portfolio

Revolution Asset Management has won a private debt mandate from the super fund. UniSuper, a $115 billion super fund, has selected specialist ...

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Rest declares impact investment growth ambition

The super fund has set a target to achieve a 1 per cent allocation to impact investments by 2026. Rest Super has revealed its intention to grow its ...

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