22 super funds control 93.2% of AUM
21 May 2025The reality of the Australian superannuation industry is that it is now dominated by 22 super funds controlling 93.2% of AUM.
The reality of the Australian superannuation industry is that it is now dominated by 22 super funds controlling 93.2% of AUM.
Industry funds group, the Super Members Council, has backed ASIC’s proposals to publish IDR data likening it to the super performance test.
Superannuation funds can expect ASIC examination of their advertising and marketing expenditures in the new financial year.
Listed ETFs are emerging as early winners as SMSF trustees seek to adjust to the likelihood of the $3 million superannuation tax cap regime.
The outcome of the Federal Election means diplomatic lobbying represents the best option for marginal change to the $3m super tax regime.
Yet another specialist superannuation research house has confirmed the value of having avoided an over-reaction to the US tariffs regime.
Industry funds group, SMC has sought to defend the benefits of unlisted investments in the face of ASIC’s private markets discussion paper.
An average allocation of 45% to unlisted assets has helped Australian super returns remain in positive territory despite Trump’s tariffs.
The major accounting and advice groups have placed themselves at odds with industry super by urging a 2 year delay on pay day super.
Current and former members of AMP superannuation funds have been asked to opt-in or out of a 2019 class action alleging uncompetitive fees.
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