APRA performance test data highlights need to expand coverage, end fee gaming

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The Super Members Council says the latest superannuation performance test data released by APRA today highlights the importance and urgency of expanding test coverage to include all platform products and

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Super Members Council welcomes watershed super safety reforms

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The Super Members Council has welcomed the Government’s announcement of an integrated package of consumer protection reforms to stop disasters like the Shield and First Guardian collapses, which cost 12,000

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Hands off Australians’ super

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Millions of everyday Australians value their world-class super system and take a dim view of any politicians seeking to undermine it. Australians value super because they can see it working.

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Affordable advice reforms urgent as Australians turn to AI advice, with major risks

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Australians are turning to artificial intelligence to help them understand their super and prepare for retirement, with new research revealing they’re doing so because they currently can’t access affordable guidance

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Compensation scheme cost blowout reinforces urgent need for comprehensive uplift in consumer protections

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Yesterday’s revised estimate of this year’s skyrocketing bill for the Compensation Scheme of Last Resort (CSLR) confirms the scheme is now being flooded by a surge in unpaid compensation orders

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Fix the gap: Paying super to carers could make them $45,000 better off in retirement

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Australia’s frontline carers are being made poorer in retirement because they miss out on super when caring intensively for loved ones, often for years, a new report from the Super

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Super balances growing but gender super gap persists

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New Super Members Council analysis of recently released Australian Tax Office tax data shows Australians’ super balances are growing, which means more money in retirement income for millions of everyday

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Compensation bill must be picked up by those causing harm, not everyday Australians

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The Super Members Council says the Government should not hand the bill for the Compensation Scheme of Last Resort to millions of low-paid Australians, warning it would be a dangerous

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Australians are raring to go for payday super as more businesses adjust to frequent payments

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Yesterday marks one month until the start of payday super – a reform that has very strong backing from the Australian public, new research has found. An Ideally survey of

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Level the playing field: universally high standards of governance and oversight needed to protect Australians’ super

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The Super Members Council has called for a comprehensive set of consumer safety reforms to create a level playing field of universally high standards of governance, accountability and oversight across

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