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Super

super

16 May 2023 • By Reporter • 1 min read

Hostplus exceeds $100bn in FUM

The Australian super fund has surpassed $100 billion in funds under management. Hostplus has surpassed $100 billion in funds under management ...

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Cbus and EISS Super complete merger

Seventeen thousand new members have joined Cbus as a result of the merger. Cbus Super chair Wayne Swan has announced that the industry super fund ...

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Super funds face enormous capacity constraints, says industry professional

An industry professional has shed light on the immense constraints super funds currently face. Superannuation funds don’t know what to do with the ...

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AustralianSuper to refund $70m over multiple member accounts

Australia’s largest super fund says that it has now strengthened its processes for managing multiple members accounts after identifying areas for ...

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Super industry reacts to Labor’s second budget

Tuesday’s budget has prompted parts of the super industry to call for further change. Labor’s second federal budget contained few surprises related ...

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Super funds deliver positive returns as inflation continues to bite

SuperRatings has published its estimates for April’s super fund returns. The median balanced superannuation option delivered a 1.2 per cent return ...

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Rest offloads Endeavour Energy stake to Macquarie

The super fund will divest its stake to a fund managed by Macquarie Asset Management. Rest has announced that it has entered into an agreement to ...

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Super funds urged to tap into $3tn climate solutions opportunity

By investing in climate solutions in emerging markets, the IGCC says that funds can deliver sustainable returns while driving ongoing social and ...

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‘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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