Aware Super's MySuper default offering saw a record gain of 18% for the June 30 fiscal year as the fund continued to gear up for growth.
HESTA tapped Resolution Life Deputy CIO Jeff Brunton for a new leadership position on the superannuation fund's internal management team.
Deloitte will shift $1.4 billion in default fund assets into a new sustainability-focused strategy.
Cbus, the $49 billion super fund for Australia's construction industry, looks set to report its best returns in more than 20 years.
Chrysalis Investments invested $104 million in global retirement savings technology platform provider Smart.
Health-care professionals got a helping hand with their finances at the height of the COVID-19 pandemic, executives said on a webinar.
Record keepers are working with plan sponsors to prompt participants to replenish their savings after taking COVID-related distributions.
Managers warned returns could be "muted" as elevated share prices suggest it will be harder for super funds to meet lofty return targets.
New York City joins Seattle and several states in offering an auto IRA to workers whose employers don't provide a retirement plan.
Changing fee-cap rules will not lead to a material increase in illiquid investments by U.K. defined contribution plans, the PLSA said.
REST Super has named its first head of investment strategy and a head of capital markets.
The DWP wants views on its proposal for how DC plans calculate alternatives fees, aiming to help them to invest within the charge cap.
U.K. plan sponsors are one step closer to being able to offer collective defined contribution arrangements to their employees.
The U.K. government wants to make it easier for defined contribution plans to invest in illiquid assets.
Dow Inc. will freeze the benefit accruals of its U.S. pension plans, increase its DC match and contribute $1 billion to the pension plans.
United Technologies and Raytheon's merger presented challenges for CIO Robin Diamonte and her staff in merging the firms' retirement plans.
Aware Super wants to grow to be able to manage up to $230 billion, a push that could see it open offices in Europe and the U.S.
Tontines, with the promise of mortality credits, could attract growing numbers of clients hoping to win the pension lottery.
Despite a roller-coaster ride in markets as a result of the coronavirus pandemic, retirement plans ended 2020 with solid investment returns.
State Super tapped its acting head of investments as the $32.6 billion Sydney-based fund's new chief investment officer.
AustralianSuper's head of equities has relocated to London to take on an additional role expanding the super's international operations.
LGIAsuper announced new strategic asset allocation targets to better position the $9.1 billion super fund for a post-COVID environment.
Social media is on the cusp of changing, for the better, how defined contribution participants engage with their retirement plans.
Public authority Victorian Funds Management Corp. hired the CIO of State Super as head of its portfolio management group.
Record keepers haven't yet pounced on the Labor Department's new electronic disclosure rule but are eager to do so.