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Super

29 May 2024 • By Rhea Nath • 1 min read

Super funds double investments in ‘climate wrecking’ companies

While super funds have doubled their investments in the fossil fuel industry to nearly $40 billion, investments in clean energy companies are ...

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Mega funds still lead the pack, but ‘second six’ notch strong growth

While Australia’s largest super funds maintained their dominance in 2023, KPMG’s latest analysis found the $50 billion–$100 billion fund cohort has ...

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Total super assets climb past $3.8tn

Latest statistics from APRA show fund assets have grown 11.3 per cent since March 2023. According to new data from the Australian Prudential ...

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ASFA sounds alarm on $6.4bn uninvested super

The industry body has advocated for finding the “right balance” regarding the significant portions of members’ savings set aside to meet regulatory ...

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Super funds eye global markets to tackle capacity challenges

Weighing up the capacity problem onshore against enticing opportunities offshore, two of Australia’s largest super funds have shared their approach ...

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TWUSUPER, Mine Super announce new merger date

The funds were expected to merge by mid-2024. Mine Super and TWUSUPER have announced a new merger timeline and expect to formally come together in ...

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Super still promises ‘healthy’ return for FY23–24: Chant West

The research house has offered a silver lining after super funds returns saw the end of a five-month streak last month. Superannuation funds saw a ...

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Corporate super funds ‘unlikely’ to last over the long term

Increased regulatory reform and competitive pressures have meant most corporate funds are struggling to meet the scale required to survive, according ...

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Super returns see end of 6-month streak

With sticky inflation plaguing Australian and global markets, super funds have reported their first negative monthly return since October 2023

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Online investment adviser to launch ‘ETF-exclusive’ super solution

Stockspot is aiming to launch the Australia-first vehicle in the coming months. Online investment adviser and fund manager Stockspot has introduced ...

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