The $54 billion Cbus Super and $6 billion Media Super have signed a memorandum of understanding and will commence due diligence.

The $120 billion industry super fund has announced it will divest $40 million of its equity portfolio, including its indexed exposures, from thermal coal miners from October and will reduce greenhouse gas emissions in its listed equities exposures by at least 30% by 2023.

In a new paper from Actuaries Institute, Anthony Asher argues financial advice can be made cheaper if the Australian Taxation Office (ATO) provides some of the data necessary for good advice.

Early Release of Super payments surged around $7 billion in the first week of July, according to Treasury estimates, but this may not be a reason to panic.