Losses mount in Sydney’s letterbox ‘super scam’

Because of that balance, security will never be 100per cent. You don’t want to have it so tight so that it inhibits the member from doing what they want to do.”The federal minister for superannuation,Nick Sherry, said the balances of members of super funds regulated by APRA were safe.

 

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Blue skies and lawsuits power MLC Super returns higher

Global equities have driven most of MLC’s FY26 return so far, but its exposures to insurance-linked securities and “esoteric” credit have also put in the hard yards and helped the fund diversify beyond the AI thematic, according to chief investment officer Dan Farmer.

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