Yesterday
Future Fund set to buy into Transgrid amid hefty energy transition bill
Future Fund is preparing to invest in TransGrid at a time when it has faced pressure from the Labor government to consider three national priorities – housing, renewable energy and infrastructure.
Silk, directors singled out in AusSuper death benefits failure
As ASIC chairman Joe Longo called big super the “poster child” for governance failures, the watchdog launched a case in the Federal Court against the biggest provider.
Australia now has a new ‘poster child’ for bad governance
ASIC boss Joe Longo is furious at what he sees as basic failings in the way the $4 trillion superannuation system is conducting itself.
This Month
Trump’s economic reset hits major super fund returns
The increasing exposure of the biggest retirement savings investors to US sharemarkets has driven the biggest fall in the value of their assets in nine months.
The country’s big super funds are reaching their ASX investing limit
AustralianSuper expects to hit an effective cap on how much it can invest in the local market and make good returns. Its peers are also looking overseas.
These are the high-profile directors APRA is pushing out the door
Nearly a quarter of directors at the nation’s largest superannuation, insurance and banking institutions could be forced out under proposed term limits
Bank, super boards the target of APRA’s new director rules
The lobby group for company directors described some of the proposals, which include limits on tenure and more oversight in succession planning, “overreach”.
Who are the super directors facing APRA’s tenure limit?
There will scarcely be a board of a major industry super fund untouched if the prudential regulator comes after these lucrative patronages.
Cbus drama puts industry funds in APRA’s sights
The regulator wants to force new standards for the skills and capabilities of directors of financial services institutions. Industry super funds appear to be particularly in its sights.
AustralianSuper’s Indara reviews ‘smart city’ assets as losses mount
Australian Super’s loss-making telcoms tower business, Indara, is reviewing its troubled smart city infrastructure businesses as it searches for a new boss.
Why super fund investment calls are about more than next quarter’s returns
What’s at the heart of a super fund’s investment strategy? Capital allocation. And the better it allocates that capital, the better for all of us.
Sydney to host return leg of Australian global super summit
The summit spruiking bilateral investment will return later in 2025, with Sydney to play host to super chiefs and US investors
Retail super funds revolt as ASIC goes soft on AustralianSuper
The chief executives of AMP and Insignia, which runs MLC and IOOF, have criticised a lower fine for the not-for-profit industry superannuation giant.
Future Group posts solid earnings after Australian Ethical deal fails
The Simon Sheikh-led ethical super fund bounced to a $5.36 million profit during the half-year to December 2024.
Beware the ‘misleading’ label on your super
A former chief investment officer has questioned the labelling of high-growth default options and criticised the concentration of assets in the US equity markets.
February
Six big retirement risks and how to overcome them
Growing older means less time to recover from market crashes but ultra-conservatism carries its own risk.
Doing this could increase your retirement income by thousands
Retirees may not know that using their superannuation to buy an annuity can boost their Centrelink age pension payments.
How to plan for retirement as a business owner
Business owners need to think about retirement well in advance so they can navigate the tax implications of selling a business.
A guide to living your best retirement life
With 4.2 million retirees in Australia, what are some of the key strategies to maximising your super?
How to decide the best super strategy for you
Superannuation can be structured – and restructured – to suit individual account-holders.