Yesterday
Rest Super plays into its leakers’ hands
A ‘confidential email’ telling staff to stop leaking to the media naturally resulted in more of that very activity.
This Month
Rest’s Project Scarlet to overhaul super giant’s death payments
The $93 billion retirement fund was the slowest in paying out families of dead members, according to a review conducted by the corporate regulator this year.
April
Cyber minister Tony Burke ‘radio silent’ on super breach: Coalition
The accusation comes after cybersecurity firms identified the details of thousands of Australian retirees for sale online.
Retirees are trying to change their super. They can’t log in
While market volatility is wiping billions off sharemarkets, super members wanting to check their balances or change investments are being hampered by outages.
Super funds urge members not to panic after rout takes losses to $170b
The country’s largest retirement investors say they are leaning in to the meltdown, which they see as a short-term problem that presents buying opportunities.
Super groups accused of resisting efforts to lift security before hack
A representative of the Association of Superannuation Funds of Australia had told a consumer advocate that stronger protections would put “too high” a burden on funds.
March
Superannuation bosses submit their US travel bills
They may not have been staying at luxury hotels, but fund bosses still racked up some tidy bills on Kevin Rudd’s US superannuation junket.
February
Industry super pushes Labor to add under-18s to retirement pool
Superannuation funds say an extra $370 million would flow into pension savings every year if a decades-old exemption for most younger workers was closed.
January
Big super to keep pushing companies on climate
New climate disclosure laws mean even retail super funds will engage with companies on climate this year. Poor workplace safety and governance is also a concern.
Super admits its size is a risk but says ‘what is the alternative?’
The managers of Australia’s $4.1 trillion retirement savings pool say they are best placed to invest in banks and private lending despite warnings from the RBA and IMF.
Top super investors dash pre-election rate cut hopes
But they say investors should be optimistic about inflation easing despite later cuts and risks associated with Donald Trump taking the White House.
Where big super investors are hunting for returns in 2025
The investment bosses of the $4.1 trillion sector say US stocks will keep driving returns, but standout sharemarket performances will likely temper.
December 2024
How big super is spending your money on sponsorship and marketing
Jumps in advertising spends at industry giants such as Aware Super and UniSuper came despite a crackdown by the watchdog questioning whether these costs are in members’ best interests.
November 2024
AustralianSuper pays members back $4.2m over claims handling delays
The industry super giant is voluntarily compensating the loved ones of deceased members after an overhaul of its claims handling processes imposed tough new timelines.
October 2024
Big super’s executive gender pay gap revealed
Analysis by The Australian Financial Review also shows who the highest-paid superannuation bosses were last year.
September 2024
Super boards can rely on ‘reasonable’ outside advice: court
The corporate watchdog has lost a case claiming Rest Super misled customers, with the judge finding the fund relied on reasonable legal advice from Allens.
How a tragic car accident upended this CEO’s life
Rest Superannuation’s Vicki Doyle worked at insurer Suncorp for more than nine years. Three weeks into her first general manager role, she got a phone call.
August 2024
Super funds look to take advantage of energy transition
The biggest question for the $3.9 trillion super sector is not whether to invest in the energy transition’s unlisted asset boom, but rather which opportunities are best.
April 2024
Big super splits on performance test reforms
Labor announced it was reviewing the test after several funds said the current rules stopped them investing in the “nation building” initiatives the government wanted them to bankroll.
March 2024
Coalition demands means-testing on parental leave super payments
The opposition says workers with big super retirement savings balances should not get superannuation top-ups paid for by taxpayers.