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21 November 2023 • By Jon Bragg • 1 min read

Super assets dip as returns turn negative

APRA has released its latest superannuation statistics for the September quarter. Australia’s total superannuation assets dipped by 0.1 per cent ...

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Super funds up 6.5% over 2023 despite volatility

Chant West has estimated the returns of the median growth fund this year. With just six weeks of the calendar year remaining, the median growth ...

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ART completes merger with CBA Group Super

Australian Retirement Trust has added 63,700 new members and $12.3 billion in funds under management as part of its largest corporate transition to ...

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Objective of super tabled in Parliament

The government has tabled in Parliament its objective of super bill. In a statement on Thursday (16 November), the Minister for Financial Services ...

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‘Continued uncertainty’ weighs on super fund returns

Negative super fund returns have been observed for the third consecutive month. The median balanced superannuation option returned -1.6 per cent in ...

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Super fund CEOs warn against pitfalls of mergers

The CEOs of two major super funds have discussed the trend of consolidation in the industry, including both the pros and cons that mergers can deliver

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‘Unresponsive, slow and not member-focused’: Jones slams super funds

Stephen Jones has told funds to urgently lift their game on customer service. Minister for Financial Services Stephen Jones has lashed out at super ...

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Super funds ‘going backwards’ on climate action: Report

Market Forces has published a new report analysing the voting behaviour of major super funds on climate-related shareholder ...

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Super fund satisfaction weakest among middle-age members

Funds have been urged to refine their focus on members approaching retirement. The latest CSBA FEAL Superannuation CX Benchmarking report has found ...

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Economic ‘megatrends’ pose threat to super returns

A leading economist has highlighted five constraints on returns in the medium term. Super fund returns could fall to around 5.5 per cent per annum ...

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