Active Super

The megafund is expanding its sustainable investment team as it adopts a new climate change strategy and fields increased interest in its approach from new corners.

The $14 billion industry fund is in hot water over allegations its member money is exposed to companies that should have been screened out and that it held on to Russian stocks despite saying it had dumped them.

Active Super and Vision Super will press ahead with a merger that will “lower costs and improve member services” in a sign of the times for smaller super funds.

With a shrinking member base, Local Government Super was facing small fund purgatory. A facelift changed its fortunes.

Member engagement is starting to rise from a very low base. But the industry is still “net nowhere” when it comes to winning their hearts and minds. It’s widely acknowledged that member engagement remains unacceptably low. Try as they might, super funds can’t seem to get members to care about their retirement savings, as evidenced…