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03 August 2022 • By Neil Griffiths • 1 min read

APRA finalising work on second MySuper performance test

A total of 13 super funds failed the inaugural performance test in 2021. APRA member Margaret Cole said the prudential regulator is finalising work ...

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More than half of Aussies believe super won't provide a comfortable retirement

Less than half of Australians believe their superannuation alone will be able to provide them with a comfortable retirement, according to a recent ...

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Major Aussie super funds accused of greenwashing with ‘sustainable’ options

A number of sustainable investment options have been found to invest in companies with fossil fuel expansion plans. Some of Australia’s largest ...

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Spirit Super appoints asset consultant

A global investment consultant has been appointed by Australia’s newest national industry super fund as its asset consultant.  Spirit Super is an ...

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ASIC tells Australians to actively manage their super

The regulator has encouraged active engagement with superannuation. ASIC COO Warren Day has called on Australians to actively engage with their ...

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Hostplus produces positive return during low-return financial year

The Australian super fund has delivered a positive return on its balanced option for the financial year.  Hostplus members have seen a return of ...

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Australian Retirement Trust records negative return for 2021-22 financial year

Australian Retirement Trust, has recorded a return of -0.96 per cent for its Super Savings Balanced option for the 2021-22 financial year.  This ...

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Changing market conditions emphasise the need for long-term focus: AustralianSuper

Australia's largest super fund has reported its first negative return since the GFC. AustralianSuper’s Balanced option delivered an annual return ...

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Government pauses YFYS performance test expansion

The government has announced a review of the Your Future, Your Super laws and a pause of the test extension beyond MySuper products for 12 months

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Super funds post lowest returns since the GFC

FY22 was the third worst year for returns in the history of compulsory super. The median balanced super fund ended the 2021-22 financial year down ...

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