Super funds take a step back from Woodside and Santos

Australia’s top 30 superannuation funds have been slowly reducing their exposures to the oil and gas producers in the last two years as more members demand greater climate action, according to new analysis.

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Levy warns of dual duties for super funds providing advice

QAR lead Michelle Levy says there are conflicts between a super fund acting as a trustee and providing advice.

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Super on PPL sheds doubts on amendments to $3m super tax

The passing of the motion to allow superannuation to be attached to paid parental leave is a “nail in the coffin” for any major changes to the proposed $3 million super tax, according to an industry expert.

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Levy proposes super funds aid retirees in home purchases

The QAR lead has argued that super funds should help retirees purchase a home, noting that this would be more beneficial than receiving a pension.

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Retirees’ cost crunch grows amid rising insurance premiums

The budget needed to fund a comfortable retirement has increased to more than $70,000 in the December quarter amid high insurance, food, and electricity prices, according to the Association of Superannuation Funds Australia.

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Grattan proposes ‘cash out’ option for super contributions

The Grattan Institute believes Aussies should be given the opportunity to “cash out” a portion of their compulsory superannuation contributions each year.

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HESTA taps Citi executive for senior investment role

The $82 billion fund has appointed a new head of investment execution.

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Aged care and super policies shouldn’t be considered in isolation: SMSFA

The industry body has outlined why policies on aged care and superannuation must be considered within the broader retirement and retirement income ecosystem.

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Equity Trustees’ super trustee business surpasses $60bn in funds under supervision

The independent superannuation trustee business’ funds under supervision have surged to a new high following two trustee appointments earlier this year.

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Using super for house deposit would ‘inflame’ property market: SMC

New modelling from the Super Members Council suggests property prices could rise by nearly $75,000 across capital cities by allowing first home owners to dip into their retirement savings.

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Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

4 months 3 weeks ago
Kevin Gorman

Super director remuneration ...

5 months ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

5 months ago

Treasurer Jim Chalmers delivered the Albanese government’s third federal budget on Tuesday evening, 14 May, touting a balanced approach in an environment of cross current...

16 hours ago

The financial services software company announced it detected unauthorised access of its GitHub user space over the weekend....

20 hours 55 minutes ago

The fund has announced an internal promotion to the newly created role. ...

1 day 18 hours ago