Superannuation mistake seeing 700,000 Aussies lose money in retirement sparks call for ‘incredibly urgent’ change
Super Members Council CEO Misha Schubert (left) wants the superannuation system updated to ensure retirees aren’t paying more…
Major superannuation change underway to protect retiree funds after $500,000 taken from accounts
ASFA CEO Mary Delahunty said superannuation funds are having their security systems bolstered to protect them against cyber…
Canada Pension to Boost India Investments After Portfolio Surges to $22 Billion
Canada’s largest pension fund will further boost its investments in India, where it has tripled assets under management…
Superannuation hits $172,000 milestone as average account balances by age revealed
The average super balance has hit a new record high and while the gender super gap remains, it…
Superannuation mistake affecting 6.2 million Aussies and costing them thousands in retirement
Superannuation expert Alison Banney said millions of Aussies aren’t checking on their fund’s performance and it can cost…
Superannuation funds called out over ‘gap’ facing millions of Aussies as ‘retirement wave’ hits
ASIC commissioner Simone Constant said only one-third of Aussies on the cusp of retirement were confident they would…
Corporate watchdog slams superannuation funds on ‘customer service’, communications with retirees
Tracy has been waiting almost six months for her superannuation request to be processed by one of Australia’s…
Calls to reform Australia’s pension age as labourers consider early retirement due to injury
In Australia, the pension age was lifted from 65 to 67 in 2023. For some manual workers, it’s…
Aviva Ratchets Up Private Markets Exposure in Default Pensions
Aviva Plc is ramping up the amount of private markets exposure that pensioners who opt for its default…
Retirement ‘crisis’ facing millions of workers as $95,000 superannuation gap revealed
A new report for the Super Members Council found single women and renters were amongst the older women…
As Australia’s retirement savings grow into world’s second biggest, government to review consumer protections
Australia’s $4.3 trillion superannuation sector is on track to become the world’s second-largest retirement savings pool by 2031.…
First Guardian, Shield superannuation disasters expose deep flaws in Australia’s $4.3 trillion retirement system
Utterly broken after investing almost $370,000 of her retirement savings into the now-collapsed First Guardian Master Fund and…