A government superannuation fund has increased its admin fees for the first time in nine years.

Superannuation executives at the ASFA Conference have learned of the challenges facing other defined contribution pension systems around the world.

Association of Superannuation Funds of Australia chief executive Martin Fahy has hit out against vocal critics of the super system on the opening morning of the 2019 ASFA Conference in Melbourne today.

The $54 billion industry superannuation fund is dipping its toes into the world of corporate super, launching a new offering this week.