Latest Superannuation News

Generation Development Group (ASX: GDG) closed FY26 with a 36% jump in funds under management to $46.4 billion, powered by record sales at Generation Life and a landmark strategic partnership with Colonial First State.

Monvia Limited, an Australian SaaS provider for life insurers, is seeking to raise $17.5 million via an IPO on the ASX. The funds will support redemption of preference shares and fuel growth in existing and new markets.

Wrkr Ltd has completed a $10 million placement and launched a $2 million Share Purchase Plan to fund accelerated employer onboarding and platform enhancements ahead of Payday Super’s phased rollout.

Sequoia Financial Group's CEO Garry Crole has resigned immediately, prompting the appointment of interim leaders while the Board searches for permanent replacements.

HUB24 delivered a standout FY26 with record net inflows of $18.9 billion, a 20% rise excluding large migrations, and boosted total Funds Under Administration to $164.3 billion. The platform’s adviser base grew 11%, while new product launches and AI-driven tools expanded its market footprint.

Norwood Systems lifted FY26 customer cash receipts to a record A$2.327 million, driven by multiple Tier-1 carrier contracts and successful AI pilot completions in Australia and the UK.

Australian Ethical reached a new record of $14.5 billion funds under management at June 30, 2026, driven by strong superannuation inflows and strategic investments amid challenging market conditions.

Webjet Group has appointed Nicole Sheffield as its new Managing Director and CEO, aiming to leverage her extensive digital and commercial leadership experience to advance the company’s growth and innovation agenda.

Coronado Global Resources has promoted CFO Barrie van der Merwe to CEO, tasking him with steering the coal miner back to profitability and lowering its debt burden.

Great Western Exploration has kicked off a reverse circulation drilling campaign at its promising Juggernaut copper-gold targets, with assay results from Diorama aircore drilling expected soon. The company also plans potash monitoring at Lake Way and faces pending tenement forfeiture hearings.

C29 Metals has announced the immediate resignation of Managing Director Shannon Green, with CFO Ailsa Osborne appointed as an interim Executive Director while the company searches for a replacement.

Aurelia Metals prepares for CEO transition with CFO Martin Cummings stepping in as interim CEO and Leigh Collins appointed interim CFO, ensuring leadership continuity during the search for a permanent CEO.