Lucas Baird

The business, named Eelpower Energy, will build 1GW of storage for the UK energy grid, and adds to the deals by industry super funds deploying capital overseas.

The $4.2 trillion sector wants reform for an industry-wide performance analysis regime, saying it would support economic growth and jobs.

Booming equity markets have boosted two of the biggest retail superannuation funds to return rates nearing 13 per cent over the past financial year.

The proposal would allow the Trump administration to raise taxes on countries deemed to levy discriminatory taxes against American firms.

Pathzero has developed the largest private markets emissions data network globally, and wins the small organisation category in the Sustainability Leaders list.

APRA has written to superannuation funds with a deadline to fix a key cybersecurity flaw in the $4.2 trillion sector.

Bain Capital has withdrawn its bid for MLC-owner Insignia Capital, citing uncertainty caused by the volatility on global markets, leaving just one suitor at the table.

Vanguard is expanding its superannuation business five times faster than industry fund peers and its CEO says fees will continue to decrease.

Australia’s richest families have overtaken superannuation funds for the first time as the biggest investor group behind local venture capital and private equity.

The Australian Securities and Investments Commission identified nine areas of concern as it slapped additional licence conditions on the $74 billion company.