News and updates

The Royal Commission’s final report was handed down on Monday 4 February 2019.  The report proposes many important improvements to our industry and we welcome all recommendations that strengthen outcomes for members.

The final report from the Royal Commission inquiry into the Banking, Superannuation and Financial Services Industry will be made public at close of business on Monday 4 February 2019. The report will be published on the Royal Commission's website once it has been tabled in Parliament.

Over the six months to November, eight of the top ten performing funds, based on satisfaction with financial performance, were industry funds. The highest rating was for Catholic Super with 70.5%...

Superannuation funds have recorded their lowest returns since 2011 but nonetheless managed to end the calendar year in the black – just.

Catholic Super announced a new leadership structure today, and CEO Frank Pegan will be leaving the fund.

Earlier this month we advised you about policy breaches that were identified during our preparations for the Royal Commission.

We want to reassure our 75,000 members across the Catholic community that we remain committed to providing you with excellent investment returns complemented by superior service and under the highest possible standards of governance.

Replacing retiring CIO Garrie Lette, Anna will now oversee all aspects of the investment arrangements of CSF’s $9 Billion MyLife MyMoney Superannuation Master Trust which operates both Catholic Super and MyLife MySuper as well as a financial planning company and a bank dedicated to the Master Trust’s super members.