Tue, 22nd Jul 2025

In this week's superannuation roundup, Australian super funds demonstrate resilience amidst market volatility, with balanced funds leading with strong returns. Raiz Super Moderately Aggressive delivered a record 13.8 percent return, while sustainable investments continue to gain traction. AustralianSuper faces criticism for its $395 million investment in Whitehaven Coal, emphasizing the tension between financial gain and sustainable practices. The Super Members Council advocates for digitalizing death benefit nominations to reduce processing delays. Meanwhile, Industry Fund Services has recovered over $226 million in unpaid superannuation, cumulating to more than $2 billion. Lastly, the Super Members Council calls on the Federal Government to establish a start date for the payday superannuation legislation. The updates cover the week of July 16th to July 22nd in Australian superannuation news.