Superannuation mistake seeing 700,000 Aussies lose money in retirement sparks call for ‘incredibly urgent’ change
Super Members Council CEO Misha Schubert (left) wants the superannuation system updated to ensure retirees aren’t paying more…
Canada Pension to Boost India Investments After Portfolio Surges to $22 Billion
Canada’s largest pension fund will further boost its investments in India, where it has tripled assets under management…
Ontario’s $100 Billion Pension Dismisses Entire Asia Buyout Team
Ontario Municipal Employees Retirement System is cutting its Asia buyout team, marking the latest change in the pension…
Saudi Arabia’s $320 Billion Pension Fund Names Ex-Banker as CEO
Saudi Arabia’s $320 billion pension fund manager has hired the former head of local investment bank Riyad Capital…
Superannuation funds called out over ‘gap’ facing millions of Aussies as ‘retirement wave’ hits
ASIC commissioner Simone Constant said only one-third of Aussies on the cusp of retirement were confident they would…
Corporate watchdog slams superannuation funds on ‘customer service’, communications with retirees
Tracy has been waiting almost six months for her superannuation request to be processed by one of Australia’s…
Ontario Teachers Is Getting Back to Old-School Private Equity
Ontario Teachers’ Pension Plan is refocusing part of its private investment team to return to its roots of…
Calls to reform Australia’s pension age as labourers consider early retirement due to injury
In Australia, the pension age was lifted from 65 to 67 in 2023. For some manual workers, it’s…
Aviva Ratchets Up Private Markets Exposure in Default Pensions
Aviva Plc is ramping up the amount of private markets exposure that pensioners who opt for its default…
Retirement ‘crisis’ facing millions of workers as $95,000 superannuation gap revealed
A new report for the Super Members Council found single women and renters were amongst the older women…
As Australia’s retirement savings grow into world’s second biggest, government to review consumer protections
Australia’s $4.3 trillion superannuation sector is on track to become the world’s second-largest retirement savings pool by 2031.…
Macquarie to Repay Thousands of Retirement Savers in Failed Fund
Macquarie Group Ltd. will pay back around A$321 million ($211 million) that thousands of Australian retirement savers put…