Draft legislation for tax on members with more than $3m in super

Australian Retirement Trust (ART) has opened its first international office in London to build out a "leading global investment capability."

The super fund will add more than 700 homes to Melbourne's housing market across two new developments.

The Actuaries Institute has proposed revising the annual superannuation performance test, so it better aligns trustees' investments with the best financial interests of members.

Following on from the news that it would now be home to Spaceship Super, OneSuper will further bolster its funds under management through the transfer of another sub-plan, home to several super products.