The penalty targets United Super Pty, the trustee of Cbus, after the fund admitted that systemic issues caused significant ...

(Reuters) -U.S.-based data center developer DataBank has raised nearly A$3 billion ($2.01 billion) in a bid to build three planned facilities across the United States, with pension fund ...

Incorrect information about changes to Australia's Age Pension age have been circulating online, including being shown in ...

Retirees could defer the sale of assets to minimise the cost of the tax on super balances above $3 million, raising doubts ...

Two Australian pension funds — including one of the largest — have removed dozens of pages of ESG risk disclosures from their websites to review the accuracy and reliability of the data as regulators ...

SYDNEY, Sept 19 (Reuters) - The next 18 months is an ideal time for unlisted asset deals, said the head of one of Australia's largest pension funds, as meaty returns for once-low yielding investments ...

SYDNEY Sept 10 (Reuters) - Australian pension funds are sitting on a A$245 billion ($167.38 billion) 'wall of money' that will probably flow overseas because of a lack of domestic options, asset ...

SYDNEY—UniSuper, one of Australia’s largest pension funds, has been growing its exposure to private credit, holding around 1 billion Australian dollars, or roughly US$660 million, in dry powder, which ...

SYDNEY, Sept 4 (Reuters) - Australian pension funds need to improve how they value private equity, the sector's regulator said on Monday after a review into the sector's treatment of Canva, an ...

Australian pension fund Mercer Superannuation Australia Ltd. was ordered to pay an A$11.3 million fine ($7.3 million) for greenwashing, bringing the corporate regulator’s first court action over the ...

Australia's Federal Court has ordered superannuation fund Cbus to pay an A$23.5 million ($15.17 million) penalty for serious failures in processing death and disability insurance claims, the country's ...