The prudential regulator has warned trustees of superannuation funds that flashed red or amber on its controversial MySuper heat maps late last year that they should act now to improve performance and reduce fees.
Sarah JonesJanuary 30, 2020
Assistant Minister for Superannuation Jane Hume has slammed the $2.9 trillion superannuation industry for its "complacency and inertia,” saying poorly-performing funds have “no place to hide” and that small funds should consider merging.
Elizabeth FryJanuary 29, 2020
APRA’s heatmap risks stifling innovation and reducing diversification which could would have a harmful effect on member outcomes in the event of a market meltdown, says Christian Super's CEO Ross Piper.
Elizabeth FryDecember 12, 2019
Maritime Super, EISS Super and Christian Super are among a handful of MySuper funds to be identified by the regulator as the worst performers over five years.
Sarah JonesDecember 10, 2019
Australian super funds that employ responsible investment strategies have outperformed their competitors over one, three and five-year time frames, fresh data from Responsible Investment Association Australasia (RIAA) has confirmed.
Elizabeth FryDecember 6, 2019