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AustralianSuper

This Month

T-Corp’s Stewart Brentnall said valuations were “not to reflect the tactical value of an asset in particularly unusual market circumstances”, and instead what a reasonable buyer would pay.

Big investors wield private assets to cushion returns from wild market

The nation’s largest money managers, including the big superannuation funds, are using unlisted holdings to manage the fallout of volatile global equities.

Major investment banks, from Wall Street giant Goldman Sachs to local upstart Jarden, are reconsidering how they work to accommodate the rise of private capital.

Investment bank org charts are getting remade for the age of big super

Jarden is just the latest big investment advisor to reconsider the best way to interact with retirement funds as they become bigger players in capital markets.

Burke finally broke cover on Wednesday afternoon to declare during a television interview that he was satisfied with the response from the funds.

No room for super complacency about cyber risk

Big super’s governance failures are now piling up coordinated cyberattacks targeting some of the nation’s largest industry funds.

Burke breaks silence on fund hacks as Victoria Police moves in

Cybersecurity Minister Tony Burke has broken his long silence on last week’s co-ordinated attack on superannuation funds.

Super fund customers’ details are up for sale on dark web forums.

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.

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Industry organisations including the ACSI, ASFA, and Women in Super have been rocked by new phishing scams.

AusSuper to refund customers as Cbus admits hack

AustralianSuper has vowed to refund members who had $500,000 stolen from their accounts in a cyberattack.

Federal Treasurer Jim Chalmers in Sydney on Monday.

Cyberattack exposes Labor big super weakness

Cyber breaches and Donald Trump’s sharemarket rout have exposed further flaws in Labor’s compulsory super system and its union-aligned funds.

Industry organisations including the ACSI, ASFA, and Women in Super have been rocked by new phishing scams.

Cybercriminals impersonated super executives in week of mass breach

The attacks occurred in the same week hackers compromised the largest funds and siphoned retirement savings out of member accounts.

O’Halloran’s comments echo the concerns raised by APRA chairman John Lonsdale about the superannuation sector as early as 2023.

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.

AustralianSuper customers lost money to the cyberattackers.

How hackers struck super fund customers while they slept

The cyberattack that has robbed Australians of money from superannuation accounts began with criminals attempting to access accounts in the dead of night.

It’s believed hackers used passwords obtained from other hacks to access member portals.

What you need to know about the massive superannuation cyberattack

Several super funds with millions of members have been subjected to a co-ordinated cyberattack. Here’s what you need to know.

Some of the nation’s largest superannuation funds have had customer data breached.

Money taken in co-ordinated cyberattack on big super funds

The nation’s largest superannuation funds were repeatedly warned they were underprepared for cyber threats before criminals hacked into thousands of accounts and stole retirees’ savings

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ASX wipes $35b; Hackers attack super funds; Joe Aston on James Hardie

Read everything that’s happened in the news so far today.

The RBA is the latest regulator to warn about the risk to the economy from a market shock that hurts superannuation funds.

RBA review says a superannuation crisis is ‘extreme but plausible’

The central bank warns that a sustained downturn in the Australian dollar may spark a crisis for retirement funds and for $4.2 trillion in savings.

President Donald Trump speaks to reporters before signing an executive order in the Oval Office of the White House in Washington, Monday, March 31, 2025.

AusSuper resists Europe’s lure ahead of Trump’s ‘Liberation Day’

Sceptics have pushed US equities lower believing Trump’s tariffs will do more harm than good, but the giant fund is resisting the urge to switch to European stocks.

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Rio Tinto chairman Dominic Barton has battled Palliser’s calls for unification.

Norway’s sovereign wealth fund to vote against Rio Tinto unification

The huge fund intends to vote to keep Rio Tinto’s dual-listed structure, despite other shareholders supporting a bid to review it.

March

Competition between superannuation funds jumped on last year.

Insignia cops the biggest losses as retirement savers move to rivals

Some $74 billion in superannuation switched providers last year, new research shows, much of it headed to industry funds and self-managed wealth platforms.

Australia’s superannuation sector is a national treasure, but that doesn’t mean funds cannot be run better. ASIC makes a good case to clean up death benefits.

How super funds treat your money when you die is shameful

What we have is a returns-focused industry that makes it very easy to put money in, but much harder for your next of kin to get it out.

ASIC chairman Joe Longo.

ASIC reads big super the riot act on death insurance, savings payouts

A review of how funds process insurance and savings payments to the families of dead members found excessive delays and serious customer service failings.

CIO panel left to right: VFMC’s Russell Clark, AustralianSuper’s Mark Delaney and Hostplus’ Sam Sicilia.

Super funds ‘stomach the volatility’ until equities rebound

Hostplus CIO Sam Sicilia is preparing for a sharp bounce in equity markets, while AustralianSuper’s Mark Delaney hasn’t touched his portfolio.

Original URL: https://www.afr.com/topic/australiansuper-jla