The boss of Australia's biggest building industry superannuation fund has slammed the federal government's plan to"staple"workers to one default fund.
Delaying a rise in the superannuation guarantee will cost jobs at a time when they are sorely needed,newly installed Cbus chief executive Justin Arter warns.
The super funds representing the media and construction industries have signed a memorandum of understanding to explore a merger.
Political leaders,farmers and academics are demanding answers from investors of the Chinese conglomerate set to destroy Aboriginal artefacts in regional NSW.
The world's largest asset manager and a top super fund are facing pressure to explain investments in a Chinese miner set to destroy ancient artefacts.
Five of the country's largest industry funds have money invested in companies that use the controversial technique of fracking to extract gas.
The construction union industry fund has investments in the world’s largest and most powerful global coal companies.
Outgoing chief executive David Atkin said there was an opportunity to make money for investors by investing in renewable energy.
Industry super fund giant Cbus has joined a growing number of funds to offer a bonus to members who convert their retirement savings to an income stream.
Australia’s largest superannuation fund has upped competitive pressure on the country’s big four banks.
Cbus chairman Steve Bracks says the industry super fund has had $1 billion in extra inflows since the banking royal commission at the expense of retail funds.