POWERED BY MOMENTUM MEDIA
Allow super pooling, says research
Female workers would be assisted if couples were allowed to pool their superannuation fund balances, according to new research undertaken by Super Review.
A survey undertaken by Super Review during the Conference of Major Superannuation Funds (CMSF) in March canvassed the fact that women and carers were at a disadvantage within the superannuation system and ways in which they might be helped.
Asked what they believed would help address the superannuation disadvantage of women and carers, most respondents supported pooling between couples.
The survey revealed that 43.3 per cent of respondents supported pooling, followed by 23.2 per cent who backed specific additional tax concessions and 20 per cent who believed a higher superannuation guarantee should be put in place in place for women.
Interestingly, in the context of the current Federal Election, there was strong support for removing the current Government’s superannuation guarantee time-table, with nearly 60 per cent respondents stating it should be increased to 12 per cent as soon as possible.
Recommended for you
Michael Lovett, who left the investment firm just three months after launching its Vanguard Super offering, has taken up a chief executive role at an Australian asset manager.
The Central Bank of Ireland has granted the approval of Equity Trustees’ exit from its Irish operations, with the transaction expected to be complete on 30 April.
Super returns continued to climb in March, raising hopes of delivering double-digit returns by June depending on the performance of this next quarter.
The dedicated super fund for emergency services and Victorian government employees is under fire for unpaid entitlements to transport employees, which could exceed $40 million.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI First Close USD
73.88 3 y p.a(%)
2
Hills International
63.66 3 y p.a(%)
3
Acadian Global Equity Long Short Class A
36.33 3 y p.a(%)
4
CFS FC Acadian Global Equity Long Short
35.96 3 y p.a(%)
5
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
32.23 3 y p.a(%)
Add new comment