
Personal contributions lift super flows
29 May 2025A surprising lift in the level of personal contributions has helped underpin a health 26.9% in member contributions, according to APRA.
A surprising lift in the level of personal contributions has helped underpin a health 26.9% in member contributions, according to APRA.
AMP Limited will be in court for much of the next seven weeks facing into a class action over alleged excessive superannuation fees.
With the close of the financial year looming along with the superannuation performance test there is a new renewed focus on fees.
Major industry superannuation fund Aware Super has cut its administration fees by up to 25% claiming savings of up to $225.
The Treasurer, Jim Chalmers, remains fixed on driving through the $3 million super tax cap but indexation remains a Senate bargaining chip.
The chief executives of the largest superannuation funds have made clear they want to see a simplification of the regulatory environment.
Leading industry super fund Rest has named former Qantas Super CEO Michael Clancy to head its investment operations.