AustralianSuper the only fund in the global big league

Just one Australian superannuation fund, AustralianSuper, has made it into the global top 20 of pensions and investment products compiled by Willis Towers Watson’s Thinking Ahead Institute.
At a time when around 20 superannuation funds have been the subject of merger activity over the past 12 months, the global report noted that “Australia is witnessing a notable consolidation of superannuation funds”.
The report also noted that regulation has been a significant influencing factor in all regions.
“In the US, increased politicisation of ESG threatens slowdown of the sustainability agenda. Whereas Europe is driving ahead with its ESG agenda by upgrading its taxonomy and regulatory policies,” the analysis said.
While, only AustralianSuper made it into the top 20 of pension and investment funds the global assessment did not take account of the creation of the Australian Retirement Trust (ART) treating the merged QSuper and Sunsuper separately.
AustralianSuper ranked 20th in the league table while Australia’s Future Fund ranked 26th. QSuper on its own ranked 54th and Sunsuper ranked 87th.
Only 15 Australian pension and investment funds made into the Top 300, representing 4.2% of the total. The greatest number of large funds were domiciled in the US.
Mr Molino was never the member for Fraser in the ACT. The seat was renamed Fenner for the 2016 election…
Govts disastrous failures. 20 years of morons in Canberra and look at the results. Housing & Fin Advice two very…
The PHD in economics is the scariest. How many academics actually understand the real world
Money is leaving at a slower rate with this being considered by AMP management as a positive. Australia's Money Pit…
"Our recently launched digital advice solution for AMP Super members is providing simple, intuitive retirement advice at no extra cost.”…