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.

The FSC’s definition of super orientates towards the outcome the system aims to achieve, rather than how it is achieved.

12 November

Superannuation

Only 10 balanced funds make a return

The difficulties brought by the COVID-19 pandemic has been reflected in the fact that only 10 balanced super funds

12 November

Superannuation

ASIC investigates super fund trustee and executive COVID-19 investment switching

The Australian Securities and Investments Commission is investigating a range of investment switches undertaken by

A Senate Committee has been warned the Government may be significantly over-estimating the level of investments Australians hold outside of super.

10 November

Superannuation

Heatmaps have not discouraged innovative investment decisions: Rowell

There has not been a material shift in investment strategies nor has there been a shift to wholesale indices as a

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

10 November

Superannuation

BlackRock’s Fink praises Aussie super system

Australia’s superannuation system means the country has an advantage over other countries when it comes to helping

With the spotlight on governance intensifying, Mercer has acquired a new web-based risk management solution.

10 November

Superannuation

Super funds need more digital tools

A new survey has highlighted the demand from superannuation fund members who want better online retirement

Seventh consecutive year of positive returns Despite the rumblings in Europe, the latest Chant West data points to a seventh consecutive financial year of positive super returns. Despite the uncertainties created by the United Kingdom's vote to ex

10 November

Superannuation

Australians support increasing SG

Most Australians support increasing the superannuation guarantee to 12% and only 30% believe they will have a

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

The lack of robust data is the most influential barrier for institutional investors to further incorporate environmental, social, and governance (ESG) into investment decision making, according to BNP Paribas Securities Services. BNP Paribas Securities Se

5 November

Superannuation

Significant super lessons from McVeigh v Rest

Legal analysis of the settlement reached between Rest and its member and ecologist, Mark McVeigh, has pointed to

5 November

Superannuation

Industry funds advertising to be scrutinised

A key Parliamentary Committee has declared its intention to scrutinise the amount of money being spent by industry

5 November

Superannuation

AFCA proposes unresolved SCT complaints transferred to ASIC

The complaints authority has proposed a change to its rules to allow the Australian Financial Complaints Authority

Private market providers across Asia-Pacific could potentially fill gaps existing from government sponsored retirement systems and employer-sponsored pension arrangements, according to global consulting firm, Milliman. A survey of insurance companies and

3 November

Superannuation

Asia Pacific ex Japan super funds best at navigating COVID-19

The sector was the only one to have made a return so far this year with the top-performing fund returning 15.25%,

3 November

Superannuation

Industry fund smoking gun or simple expression of concern?

Government backbenchers have pointed to evidence that AustralianSuper chief executive, Ian Silk, spoke to a critic

3 November

Superannuation

ATO to work with business who missed or underpaid super

Businesses that missed regular superannuation guarantee payments can lodge a charge statement by 28 November, 2020

2 November

Superannuation

Super member wins lawsuit against Rest on climate change

The superannuation fund’s member, Mark McVeigh, has created a precedent when it comes to funds’ fiduciary duties

29 October

Superannuation

Wage boost promises were not kept in 2014 when SG froze

While politicians claim that cutting next year’s SG increase will lead to wage rises, the economic downturn will

29 October

Superannuation

Super performance test a ‘blunt single-issue measure’

The Government’s proposed superannuation performance test would likely pressure funds to forgo opportunities for

29 October

Superannuation

Super performance test needs to define ‘underperformance’

The Association of Superannuation Funds of Australia has proposed a two-stage assessment to look at fees and costs

29 October

Superannuation

Link allows PEP consortium due diligence

In what represents a strategic concession in the face of a private equity led bid for the company, Link

Any levy on the major banks and Macquarie should be applied by the Commonwealth Government and at a higher rate, ME Bank believes. The industry superannuation fund owned bank said it agreed with the South Australian Government that the banks that benefite

27 October

Superannuation

Link’s McMurtrie rebuts takeover consortium’s claims

Link Administration is in good shape despite Government policy and despite the claims of a takeover consortium,

27 October

Superannuation

Contributions and asset allocation need personalisation

Personalising contributions and asset allocation by focusing on a superannuation members’ lifestyle desires will

Sarah Jane Busteed has been charged after dishonestly obtaining a financial advantage by deception in relation to SMSF property investments.

27 October

Superannuation

Unlicensed SMSF business ordered to windup

The Federal Court has ordered Secure Investments and Aqulia Group to wind up after it found Secure Investments and

27 October

Superannuation

Bravura signs contract with Aware Super

The financial services software provider has signed Aware Super to a seven-year contract to provide a suite of

22 October

Superannuation

Super performance test could create oligopoly

The Government’s proposed super performance test could achieve ‘mega scale’ but at a price of diseconomies of

22 October

Superannuation

AustralianSuper wins Super Fund of the Year 2020

Super Review along with its research partner, The Heron Partnership, have announced the winners of the Super Fund

22 October

Superannuation

12% of COVID-19 complaints to AFCA were super based

Most issues relating to the early release of superannuation were surrounding member identification and members “

Three-in-five Australians are worried they did not have enough money in retirement, a Mortgage Choice’s study has revealed.

22 October

Superannuation

Early access scheme impacted adequacy, sustainability, integrity

The COVID-19 early release superannuation scheme has forced people to choose between poverty now or poverty in

22 October

Superannuation

COVID-19 has stopped funds ‘spinning wheels’ with APRA

The pandemic has allowed superannuation funds to have more iterative dialogue and real conversations with the

20 October

Superannuation

Australia drops rank in Global Pension Index

Australia has dropped one place down to fourth in the Mercer CFA Institute Global Pension Index, as the COVID-19

19 October

Superannuation

Growth super funds up 2%

Median growth superannuation funds performed well in the September quarter thanks to strong international shares

“LGS is one of the first super funds to be certified by RIAA’s new program. We will receive the RIAA responsible investor trade mark for our whole super fund, which endorses our long-standing commitment to superior environmental, social and governance (ES

15 October

Superannuation

APRA issues warning on super fund ownership and control

The Australian Prudential Regulation Authority has written to superannuation funds warning them to get up to date

ASIC has formally canvassed a ‘regulatory sandbox’ approach allowing fintech companies to test products without an AFSL.

13 October

Superannuation

Super performance test will promote mediocrity

The drive to be within 0.5% of an index benchmark will result in an “averageness” mindset that will reduce

13 October

Superannuation

Super boards need to lift governance

Superannuation boards need to focus on board skills, strategic planning, and merger scenarios, according to the

13 October

Superannuation

Was Govt influenced by FSC on super account stapling?

The release of pre-Budget submissions suggests the Financial Services Council was influential in the Government’s

13 October

Superannuation

State Super appoints body to oversee investment data science capability

To avoid biases and challenge the path of future developments, State Super has created an oversight governance

JP Morgan becomes largest custodian JP Morgan supplants NAB Asset Servicing as Australia's largest overall custodian. JP Morgan has emerged as Australia's largest overall custodian, according to the latest data published by the Australian Custodial Serv

13 October

Superannuation

How industry funds have done well out of Govt depts

Leasing office space to Government departments and agencies has delivered steady returns to industry

Actuarial research house, Rice Warner, has suggested there are changes the Government could make to eliminate the unintended consequences contained in the Budget.

12 October

Superannuation

APRA flags Budget-driven changes to heatmaps

The Australian Prudential Regulation Authority’s MySuper heatmaps are facing adjustment to accommodate the

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

8 October

Superannuation

No third tranche of early release

The COVID-19 hardship early release of superannuation scheme will not be extended for a second time, according to

8 October

Superannuation

Super performance test for consumers

The superannuation performance test will allow consumers to compare “apples with apples” and will not necessarily

8 October

Superannuation

Sort out super performance before stapling says AIST

Poorly-performing superannuation funds need to be identified and weeded out before the Government embarks on

Planners are likely to focus on the country’s dual tax system when planning investment portfolios inside and outside super, according to Rice Warner.

8 October

Superannuation

Members ‘unlikely’ to remain in poorly-performing super funds: Grattan

While there is a possible danger of members remaining in poorly-performing super funds, this is the better option

8 October

Superannuation

Superannuation funds to face competitive test

Superannuation funds will have to pass an objective performance test to be able to take on new members under new

The boards of Kinetic Super and Sunsuper have signed heads of agreement, giving in principle support for a merger. The final decision to merge had not been made as both funds needed to complete a comprehensive due diligence process. The funds would look

7 October

Superannuation

Energy Super and LGIAsuper enter merger due diligence

The due diligence would explore synergies and benefits to members and could lead to a merger to create a $20

6 October

Superannuation

Billions more in taxes if third early release tranche opens

Australians will be forced to pay tens of billions more in taxes and suffer lower investment returns if the

6 October

Superannuation

Hume talks of third early release tranche

Less than 24 hours out of the tabling of the Federal Budget, the Assistant Minister for Superannuation, Senator

6 October

Superannuation

One fund revoked or closed 100% of early release applications

While over 4.4 million initial and repeat early release of superannuation applications have been paid, there was

6 October

Superannuation

Fintech firms look at smaller super funds

Fintech firms looking for new investment opportunities could look to smaller superannuation funds to integrate

1 October

Superannuation

Super funds need to reconsider investment processes

Superannuation funds managing assets internally or that want to in the future will need to take a closer look at

1 October

Superannuation

HESTA launches gender balance initiative

The 40:40 Vision campaign has attracted eight inaugural investor signatories who will commit to achieving 40%

1 October

Superannuation

Vision Super reduces fees

The industry fund has managed to cut $150 million in costs from the business to allow a third reduction in fees

1 October

Superannuation

Ineligible Indigenous Australians accessing super early

The lack of government means testing has result in early release claims by Indigenous Australians despite their

1 October

Superannuation

Australia retains strong retirement security ranking

Australia has been ranked among the top countries in the world for retirement security for the fourth consecutive

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