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29 June 2020 • By Sarah Simpkins • 1 min read

Compulsory super credited for $500bn retirement savings

ASFA has estimated Australian households have $500 billion in savings that they otherwise would not have saved without the superannuation guarantee, ...

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Super funds outperforming international peers, industry body reports

Australian superannuation funds have performed strongly against their overseas counterparts according to an analysis from an industry body

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HESTA shoots for net zero – but will it score?

HESTA will aim for net zero by 2050 – but how it’s actually going to get there is still up in the air. HESTA has become the first major super fund ...

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Media Super confirms Cbus merger talks

Media Super has signalled it is eyeing an offer made by Cbus as it considers joining forces with a larger fund. Media Super, which has 78,000 ...

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Super funds told to rethink targets

Superannuation funds have been nudged to review their target returns and asset allocation after the recent market turbulence, with Rice Warner warning ...

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ATO cracks down on early super misuse

The ATO is zeroing in on early super misuse as fraudsters attempt to hijack the government’s stimulus packages. The government’s early super ...

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ISA slams MPs over super freeze

Industry Super Australia has blasted Coalition MPs as rumours circulate that the legislated super increase may be scrapped. ISA says the move would ...

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Super system failing retirees

More than two-thirds of Australia’s retirees do not believe the superannuation system will be enough to provide them with a “dignified” retirement

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Early super payouts near $16bn

Superannuation funds have now paid out more than two million claims under the early release scheme, with the total reaching $15.9 ...

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Super funds clawing back from COVID-19 low

Super funds have risen for the second month in a row, with new data showing the median growth fund was up 2.2 per cent as share markets continued to ...

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