5+ day, 3+ hour ago   (809+ words) Superannuation will be “front and centre” of Australia’s economy and “crucial” to making the future work for the country, Treasurer Jim Chalmers has said. In a speech to the Super Members Council Super Summit, held on 9 September, Chalmers gave a…...

6+ day, 2+ hour ago   (530+ words) Image supplied by ASIC ASIC has banned former InterPrac director Garry Crole for 10 years over his role in the Interprac-Shield-First Guardian events. Crole has been banned by the regulator for 10 years from performing as a director or responsible manager or…...

1+ week, 6+ day ago   (538+ words) A sharp rise in downsizer contributions across Victoria and New South Wales has helped push contributions among HESTA members above $100 million for the first time. Downsizer contributions reached $109.6 million in the 2026 financial year, representing a 25 per cent increase on the…...

2+ week, 5+ day ago   (267+ words) AustralianSuper nominee non-executive director, Tim Ebbeck, has joined the board of troubled software firm WiseTech. In a 25 August ASX statement, the software firm said Ebbeck would join as an independent non-executive director, effective from the beginning of September. In addition…...

3+ week, 9+ hour ago   (689+ words) Australia’s superannuation sector could shrink to around 33 APRA-regulated funds by 2035 as consolidation accelerates and competitive pressure increasingly favours larger funds and platforms, according to Mercer Super. Mercer’s Shaping Super 2026 report found the number of funds had already fallen to 75 as…...

3+ week, 4+ day ago   (424+ words) Part of these reforms focused on super funds being able to provide advice, potentially via a ‘New Class of Adviser’ for superannuation funds and life insurers. It will also progress previously-announced changes in the Delivering Better Financial Outcomes (DBFO) legislation…...

3+ week, 5+ day ago   (414+ words) Assistant Treasurer and Minister for Financial Services Daniel Mulino has unveiled a sweeping package of reforms designed to strengthen consumer protections, expand access to financial advice and overhaul compensation arrangements following the Shield and First Guardian collapses, which collectively affected…...

3+ week, 5+ day ago   (482+ words) Image provided by FAAA Assistant Treasurer and Minister for Financial Services Daniel Mulino is set to announce a package of reforms aimed at strengthening consumer protections and bolstering the resilience of Australia’s superannuation and financial system when he addresses the…...