Superannuation

Link’s property settlements business PEXA is set to be taken to a public offering as the big superannuation administrator reshapes its business.

Mine Wealth + Wellbeing has appointed an independent director to its board and a director to a subsidiary board.

Lump sums not so super fuel for the housing debate

Superannuation lump sums are still being accessed by a significant cohort of retirees but not at the same level as a decade ago.

Super funds need to review liquidity budgets

If the Government continues to use the early release of superannuation as a tool likely to be used in extreme situations, super funds need to consider their liquidity requirements going forward, according to Hesta.

13 January

Superannuation

Govt intent on undermining financial outcomes: AIST

Forcing workers to use their retirement savings to fund their own pay rise should not be a way to deal with low

12 January

Superannuation

Govt lobbied to be clearer on super fund buy-sell spreads

Greater clarity is needed within amendments to the Superannuation Industry (Supervision) Act around who pays for

12 January

Superannuation

Australian Catholic Super tops 2020 balanced charts

The fund’s balanced fund returned 11.4% as it managed to recover March losses by June, according to data.

2021-01-29 00:30:00

Knowledge Centre

Themes driving the need for a more sustainable approach to investing

Sustainable investing is on the rise, and COVID-19 has only sharpened the focus of policy makers and investors...

Ausbil

12 January

Superannuation

Did Superstream cost more to implement than it returned?

Superannuation funds have told a Parliamentary Committee that the costs of implementing Superstream were so high

12 January

Superannuation

323% increase in super scam reports

2020 was the year of the Government’s hardship early release superannuation scheme and it was also a year during

1. Industry Super Australia has warned of the long-run consequences of allowing young or lower-paid workers to opt-out of the super system. 2. The Commissioner of Taxation, Chris Jordan, has revealed that SMSFs are not the sole repository of very large ac

7 January

Superannuation

Early release of super scheme hits $35.9b

There were a further 21,000 superannuation members who applied for the early release of their super in the week

2020-11-24 22:30:00

Knowledge Centre

Beyond the digital frontier

Secure, real-time data, insights and transactions accessible from anywhere are closer than you think – explore a...

Northern Trust

6 January

Superannuation

Proposed super laws inadequate: AIST

The Government needs to address underperformance in the superannuation system before stapling of super accounts

5 January

Superannuation

ACTU rejects Govt super reforms

The Australian Council of Trade Unions believes the Government’s superannuation exposure draft legislation is an ‘

Many members of bank-owned or other retail super funds who make a choice on where to invest their super are paying more fees and getting fewer returns, according to a report.

5 January

Superannuation

Future Super cuts fees

The ethical fund has reduced its fees on all of its investment options on the back of a 200% increase in new

4 January

Superannuation

SS&C withdraws Link takeover bid

SS&C Technologies has withdrawn its bid for Link Administration Holdings for an undisclosed reason, less than

17 December

Superannuation

Growth fund returns boosted by vaccine breakthroughs

The median growth superannuation fund is set to finish the calendar year at 3%, according to Chant West.

17 December

Superannuation

ASIC confirms it is investigating investment switching by super fund execs

With a number of superannuation funds having confirmed investment switching by fund trustees and executives during

17 December

Superannuation

Which super funds pay their directors six figure salaries

Nine superannuation funds, three of which are not for profits, are paying their trustee directors average six

17 December

Superannuation

Christian Super wins Impact Asset Owner title

The fund has been awarded the Impact Asset Owner of the Year in 2020 Australian Impact Investment Awards as it

16 December

Superannuation

Median balanced super funds returned 4.9% in Nov

The median balanced superannuation funds are on track to finish the year in positive territory as the global

15 December

Superannuation

AustralianSuper defines the cost of PYS

The Government’s Protecting Your Super regime has cost Australia’s largest superannuation fund $3.6 million in

15 December

Superannuation

Cbus and Media Super merger to progress

Cbus and Media Super have announced that their merger will progress to the next stage with a view to completion

The Federal Treasury has been urged to undertake further consultation around the development of the Government’s comprehensive income products for retirement (CIPRs) regime amid concerns that its proposed settings risk significantly eroding any potential

15 December

Superannuation

‘Time is now’ for Retirement Income Covenant

The delayed covenant should come into force as soon as possible to ensure retirees are properly equipped for

10 December

Superannuation

October boost for super satisfaction

For the first time since the start of the COVID-19 pandemic, super fund customer satisfaction has seen an increase

10 December

Superannuation

Independent review needed into financial risk management

The Juukan Gorge scandal has highlighted how little confidence investors can have that financial risk is being

10 December

Superannuation

HUB24 adds Insync global equity fund

The Global Quality fund will be available on the platform for both investment and super accounts by the end of the

8 December

Superannuation

Lack of regulations delivers super funds relief on portfolio holdings

Superannuation funds have been delivered another 12 months’ breathing space on reporting portfolio holdings simply

The retail funds industry has traditionally focused on clients aged 45 and over but this will need to change as baby boomers draw down on their wealth, which could potentially pose a threat to industry funds, according to Tria Investment Partners. The fir

8 December

Superannuation

How stapling will impact default super

Superannuation funds will need to get innovative if they are to attract members in the new world of stapling.

8 December

Superannuation

Early release headed towards $38 billion

When the Government’s early release superannuation scheme comes to an end, 10 funds will have made over 60% of the

8 December

Superannuation

Superannuation fund shareholders in Westpac need to get serious

Superannuation funds with major shareholdings in Westpac will be putting their members’ investments at risk if

8 December

Superannuation

Cbus partners with Brookfield

The building and construction industry fund will partner with the renewable energy asset manager in an effort to

8 December

Superannuation

Aware Super invests in NYC battery storage hub

The industry fund has invested in SER Capital Partners’ New York City microgrid project which will repurpose

8 December

Superannuation

Recruitment needs to be refined during COVID-19

Social distancing practices, as well as the need for remote work, has meant the way recruitment is approached in

3 December

Superannuation

Growth funds struggle to recoup March losses

Only three growth superannuation funds have managed to make a return so far this year with the top-performing fund

3 December

Superannuation

UniSuper explains former executive’s $1.1m COVID-19 investment switching

Industry fund, UniSuper has gone to the trouble of explaining to a Parliamentary Committee how a former senior

3 December

Superannuation

APRA confirms super early release did impact super fund liquidity

Some superannuation funds have been confirmed as having faced a liquidity squeeze as a result of the Government’s

1 December

Superannuation

Pension plans prize ‘portfolio resilience’

A survey of global pension markets shows portfolio resilience is prized over anything else as financial markets

1 December

Superannuation

Australians fare worst for portfolio downturn

Australian investors have had their portfolios hit worse than other Asia-Pacific regions with 60% saying the

30 November

Superannuation

Super industry at odds on SG increase

Challenger’s chair, Jeremy Cooper, is “ambivalent” about the superannuation guarantee increase while Cbus’ Robbie

26 November

Superannuation

Removing uncertainty will ease hoarding of super balances

Retirees will be more willing to spend their superannuation if they are provided with greater certainty around

26 November

Superannuation

APRA flags imposition of cybersecurity external audits

Superannuation funds appear likely to be included in a new Australian Prudential Regulation Authority regime

26 November

Superannuation

Funds need to position for climate change or lose returns

While setting goals is important, superannuation funds actually need specific actions on how they are going to

24 November

Superannuation

RIR SG conclusion based on growing CPI not wages

The current economic situation potentially changes the optimal timing and speed of a superannuation guarantee

24 November

Superannuation

Australia’s super assets in decline

A combination of the COVID-19-induced market volatility plus early release superannuation has seen Australia’s

Advisers and super funds must strive to change members’ thinking about their super as a balance in an account to an income stream that would provide for their retirement.

23 November

Superannuation

Retirement costs up in September quarter

The cost of retirement for couples went up 0.3% to $62,083 per year and up 0.5% to $43,901 for singles during the

20 November

Superannuation

Govt’s RIR welcomed but opposing views on key issues

The Government’s Retirement Income Review has been welcomed but the industry has differing views on the

The Australian Securities and Investments Commission (ASIC) has confirmed it has initiated a project which will closely examine life insurance within superannuation. The regulator has flagged that it intends on publishing a report on life insurance within

20 November

Superannuation

ASIC insurance inside super report reveals 'confused and overwhelmed' members

Up to a third of superannuation fund members find themselves ‘confused and overwhelmed’ with respect to insurance

19 November

Superannuation

Funds that increased fees point to PYS package

There has been a trove of superannuation funds that reduced their fees this year but the ones that increased fees

With legislation changing the ‘lost super’ threshold casual and seasonal workers are in particular at risk of their funds being transferred to the ATO, according to AIST.

19 November

Superannuation

$1 billion of lost super to be reunited

Around 700,000 Australians will receive a payment from the latest round of consolidating lost and small inactive

18 November

Superannuation

Median growth super funds up 0.5%

The positive return in October was largely due to the 1.9% return in Australians shares and the depreciation of

17 November

Superannuation

Hume flags continuing hard line on super defaults

The Federal Government has signalled it will not be relenting on making superannuation funds perform and be more

Custodian cautions trustees not to ignore the investment implications flowing from climate change.

17 November

Superannuation

AustralianSuper climate change policy fails to rule out thermal coal investment

While the new policy targets net zero carbon emissions by 2050 there is nothing to stop the fund from reducing

A Super Review survey has confirmed the ACCC is on the money in identifying that super funds regard technology platforms as being a key element in selecting admin.

17 November

Superannuation

AustralianSuper among largest asset owners globally

Super fund AustralianSuper has risen to be recognised as one of the top 50 largest asset owners in the world, with

16 November

Superannuation

LGIAsuper reduces admin fees

The superannuation fund will reduce member fees from $1.50 per week to $1 a week as a direct result of its

13 November

Superannuation

Median balanced fund up 0.5% in October

While recovery in superannuation funds has been faster and stronger than expected, members still have not been

Market Insights

Themes driving the need for a more sustainable approach to investing

29 January 2021

Beyond the digital frontier

25 November 2020

Finding sustainable companies that thrive

20 November 2020

Doing the right thing: ESG and EMD

30 September 2020

Andrew James McAlister

A much better name than MTAA, since its open for anyone. I like it.

Merged Tasplan and MTAA Super to be named Spirit Super 1 week 3 days ago

Sue

So, not as bad as the doomsayers were leading us to believe. Any chance of a public apology from...

Australian pension assets grow despite pandemic 1 week 5 days ago

Guy

So true - our people are our greatest asset. Just as our investors and members are. We need to...

Fund mergers highlight focus on people 3 weeks 3 days ago

Dave Peckitt

Hi do you have any info on financial planners in perth? I'm looking to consolidate my super...

Six superannuation consultancies prove stand outs 1 year 7 months ago

Anonymous

This is the most ill informed comment I have ever seen. Why on earth would you think Superannuation...

We aren’t anyone’s secretariat says AustralianSuper 7 months 3 days ago

Axl

That's 'toe the party line'.

We aren’t anyone’s secretariat says AustralianSuper 7 months 3 weeks ago