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23 August 2022 • By Jon Bragg • 1 min read

Market volatility drives $15bn reduction in super assets

APRA has released its quarterly superannuation statistics. According to new figures released by APRA, superannuation assets totalled $3.313 ...

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Julie Lander departs CareSuper

CareSuper has confirmed the departure of long-standing CEO Julie Lander. Industry super fund, CareSuper, has announced its intention to recruit its ...

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YFYS performance test guilty of extinguishing ‘best ideas’, researcher finds

While funds managed to avoid the worst of the recent volatility, a research house has argued that their performance could have been far better had it ...

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HESTA and Mercy Super proceed with merger

HESTA and Mercy Super have agreed to proceed with merger. After announcing their intentions to merge in June, HESTA and Mercy Super have now inked ...

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More retirees want age pension support from their super fund

A new white paper has been released. People seeking retirement are looking to superannuation funds for support that age pension is currently not ...

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Super funds 'coped well' with super early release, research finds

While super funds coped well with the early release of super arrangements, the impact on young people, women, single parents and the unemployed was ...

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Super fund returns bounce back

The recent strong performance of equity markets has boosted fund returns.  Australia’s superannuation funds bounced back from earlier losses in ...

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New data shows how many Choice super products would have passed APRA’s performance test

The government has delayed the inclusion of trustee-directed products in the test. SuperRatings has estimated that nine out of 10 Choice options ...

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Signs of ‘significant compliance issues’ in super fund dispute resolution

ASIC has conducted surveillance on the complaints handling of funds. Indicators of significant compliance issues have been identified during ASIC’s ...

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Despite consolidation, super industry still a ‘fair distance’ away from optimal size

APRA has shared its view on the ideal size of the superannuation industry. APRA chair Margaret Cole has indicated that Australia’s superannuation ...

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