2023's investor reality check

The June quarter saw the superannuation industry amassing $2.37 trillion across 986 superannuation products and 22.8 million accounts, according to APRA's latest data. Of which, $1.2 trillion sits across choice products.

GESB, the public sector fund for Western Australia, has had its governing regulations amended to enable its adoption of the 2019 Protecting Your Super reforms - part of a broader suite of changes it's looking to implement to ensure sustainability.

While most superannuation funds opine that retirement calculators are key to helping members, research from Super Consumers Australia (SCA) has found they often fail to produce reasonable results.

Vision Super is reducing premiums for a range of insurance products for its Super Saver, Personal, and Australian Services Union members.