Climate Change Threatened, But Super Funds Keep Investing in Coal and Oil

Critics are raising concerns about the decisions made by Australia's largest superannuation funds and how they will affect the future of younger generations. The 15 biggest superannuation funds in Australia have invested over $25 billion in companies increasing their coal,...

Fiscally Responsible Measure: Super Tax Concessions Nowhere Near $45 Billion Annually

The Australian government has been granting superannuation tax concessions to the tune of a staggering $45 billion every year – but some economists argue this is not fiscally responsible. This week, it was reported that Australia's tax breaks for superannuation...

Rising Uncertainty Could Spell Trouble for Super Fund Investment Returns

Investors in super funds may be in for a shock as rising economic uncertainty could spell disaster for their expected returns. The financial year has not been good for super savers as the "balanced" investment option has only returned 0.6%...

Labor Labels Deliberate Non-Payment of Super as ‘Wage Theft’

Stephen Jones, the assistant treasurer, has announced that the Australian Tax Office will be given targets to recover an anticipated $5 billion in unpaid superannuation. Assistant Treasurer Stephen Jones has stated that intentionally paying employees less than their superannuation entitlements...

Chief Liquidity Officer Joins Financial Giants to Strategise Credit Risk

Financial giant AustralianSuper has announced they will appoint a Chief Liquidity Officer to lead the organisation's strategic initiatives in credit risk management. The most significant superannuation funds in Australia are becoming more cautious in assessing liquidity risk, particularly in credit,...

Super Funds Get Taxonomy Boost Thanks to Government Backing for Sustainable Finance

Australian superannuation funds have welcomed the government's move to a 'taxonomy' of finance, saying it will help them better allocate their investments in line with responsible investment principles. The Australian government recently announced its endorsement of the framework proposed by...

Transparency is Key: Ethical Super Funds Now More Open than Ever

As ethical super funds continue to rise, transparency is becoming increasingly important for investors and fund managers. Super funds must be open and honest about their investment strategies, fees, and performance to ensure customers understand where their money is going. One...

Canadian Trailblazer Offers Insights for Superprojects Down Under

As they venture beyond the local capital markets, Australia's primary industry funds have received advice from CPPIB, which manages assets worth nearly $600 billion. As Australia's industry superannuation funds grow more prominent than the domestic capital markets and invest more...

Australia Urged to Change the Course for Gig Workers’ Retirement

Amidst increasing pressure from unions and other organisations, Australia is urged to change the course for gig workers' retirement security by providing access to superannuation and other benefits traditionally available only to employees. Recent reports have shown that gig workers...

Is Your Mindset Putting Your Future at Risk? Super Funds Weigh In

Find out how your mindset may affect your future financial security and what Australia's leading super funds say about it. "I believe that there are not enough people who support capitalism." The CEO of AustralianSuper, Paul Schroder, says things that might...
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