This Month
Is your super fund among these winners?
Investment chiefs of the top performers say there are still plenty of opportunities for the artificial intelligence revolution to drive up retirement savings.
- Hannah Wootton
ART closes in on AustralianSuper’s top spot with new merger
The deal will add Qantas’ $9 billion in funds under management to the Australian Retirement Trust’s ballooning $280 billion-plus asset pool.
- Hannah Wootton
Top 10 super funds revealed for FY24
A small mining industry fund delivered the highest returns for the second year in a row, with two retail super giants joining it in first place.
- Hannah Wootton
No rate cuts and maybe a rise as inflation sticks, super funds warn
The investment chiefs of the country’s biggest funds also have a bleak outlook for Aussie shares over the next year, after global equities drove double-digit returns in FY23.
- Hannah Wootton
Super fund savings will ride out ‘year of elections’: CIOs
But investment chiefs warn that the rise of populism or an increase in US-China tensions could flow through to short-term returns.
- Hannah Wootton
Super giant seeks tech stock ‘second wave’ after delivering 11.3pc
Rising tech stocks helped land an 11.3 per cent return for Australian Retirement Trust superannuation members, but unlisted property was still a drag.
- Hannah Wootton
June
The super funds with the most million-dollar members
After losing ground to industry super funds since the Hayne royal commission, data shows retail funds are fighting back when it comes to attracting and retaining high-net-worth members.
- Joanna Mather and Michelle Bowes
Dexus, ART to tag team at Kiwi energy distributor Powerco’s selldown
It is now clear that ART has no intention of checking out of Powerco, and in fact wants to double down alongside RBC-advised Dexus.
- Sarah Thompson, Kanika Sood and Emma Rapaport
May
Super funds spend big ahead of advice reforms
As the legislation enabling them to give more financial advice languishes in Canberra, funds are moving ahead with plans to implement it anyway.
- Hannah Wootton
April
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.
- Hannah Wootton
March
ASIC, APRA warn super funds on executive scrutiny
Regulators and lawyers have warned super funds they need to get their houses in order before tough new executive accountability laws come into force next year.
- Updated
- Hannah Wootton
Former top public servant and regulator join big super board
Martin Parkinson and Helen Rowell will join the Australian Retirement Trust as directors as it ramps up the independence of its board.
- Hannah Wootton
February
Super fees are not coming down like they were supposed to
The running costs of Australia’s biggest industry super funds have not gone down despite their promises that greater scale would drive down expenses.
- Hannah Wootton
January
Miners, global tech deliver best super returns for 2023
Mine Super returned 11.8 per cent last year, the best-performing growth super fund in 2023, thanks to heavy exposure to global tech stocks as well as local miners.
- Updated
- Hannah Wootton
- Exclusive
- Superannuation
Revealed: Big super’s executive gender pay gap
Despite pressuring companies to ramp up female representation in their senior ranks, there is just one woman among the top 10 paid executives at the eight most powerful super funds.
- Hannah Wootton and Sarah Mitchell
Super funds step up private lending in challenge to banks
Fund CIOs say increased regulatory scrutiny on bank capital means more borrowers are tapping them for project finance and leveraged buyouts, as well as direct lending.
- Updated
- Hannah Wootton
Office property write-downs are done, super investors say
Super funds’ belief they will not have to slash real estate valuations further comes despite economists’ expectations of further write-downs.
- Hannah Wootton
Cbus splits from industry super rivals over performance tests
The Wayne Swan-chaired industry fund urged Treasurer Jim Chalmers to stick to the current regime even as its rivals heavily lobby Canberra for change.
- Hannah Wootton
Local unlisted investments stage comeback for big super
The investment chiefs of the $3.5 trillion super sector say domestic opportunities had “significantly broadened” because of high interest rates, reversing historic orthodoxy that they had outgrown local markets.
- Hannah Wootton
Super fund CIOs go defensive amid fears rates stay high
Investment chiefs who collectively manage more than $1.5 trillion in retirement savings are ramping up their exposure to unlisted assets, private credit and cash.
- Hannah Wootton