‘Let’s create a new asset class in Australia’: NHFIC CEO tells super funds

The chief executive of the National Housing Finance and Investment Corporation Nathan Dal Bon has a clear message for Australian super funds – no one is expecting them to accept less than market return if they invest in the Federal Government’s ambitious social and affordable housing plans.

APRA to up scrutiny of Choice Super product failures

Close to 50 per cent of super fund Choice Super products with an eight-year history failed the performance benchmarks in 2022, according to APRA’s latest Choice Heatmap. The regulator has been intensifying efforts to lift the financial performance of superannuation funds that collectively manage a $3.4 trillion pool of retirement savings.