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.

ANZ is arguing that a six-year time limit on late notified TPD claims could drive valuable premium reductions for super fund members.

14 July

Superannuation

APRA confirms second tranche early release surge

The Australian Prudential Regulation Authority has confirmed a surge in second tranche early release applications

14 July

Superannuation

Super fund members defy pandemic and super critics

A new survey has revealed superannuation fund members are even more engaged with their superannuation despite the

National Australia Bank has launched a product which it claims will eliminate some of the pain points likely to be experienced by SMSF trustees as they seek to comply with new LRBA rules.

14 July

Superannuation

Look to SMSFs to build longevity products

Longevity products in super funds could be built off a similar structure to self-managed superannuation funds as

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

14 July

Superannuation

Australian Ethical divests from Marsh

After four months of engaging with the firm on concerns over its insurance services provided to Adani’s Carmichael

14 July

Superannuation

Super fund satisfaction up from 2019

Superannuation funds satisfaction is up 2.9 percentage points from May last year due to the bounce-back in the

14 July

Superannuation

Statewide Super to focus on risk

Statewide Super will embed risk awareness within the organisation to encourage its employees to make risk

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

9 July

Superannuation

Media Super to merge with Cbus

Media and entertainment superannuation fund, Media Super, is to merge with big building industry fund, Cbus in a

The Australian Competition and Consumer Commission has signalled it will not be allowing Link Market Services to bid for Pillar Administration.

9 July

Superannuation

We aren’t anyone’s secretariat says AustralianSuper

AustralianSuper has been forced to deny it ever provided secretariat services to other superannuation funds to

9 July

Superannuation

Predicted 2nd tranche early release surge become a reality

Superannuation fund executives have confirmed that the predicted second tranche early release superannuation surge

9 July

Superannuation

Did ‘cautious’ super funds do their job during COVID-19?

With the global pandemic impacting markets since the start of the year the average cautious superannuation fund

Vision Super will achieve a reduction of 75 per cent of the carbon foot print benchmark by replacing companies with low carbon investments.

9 July

Superannuation

LGS certified as carbon neutral

The fund measures emissions, reduces them where possible, offsets emissions and publicly reports their results.

7 July

Superannuation

Parliamentary committee chair goes fishing on REST and HostPlus liquidity

Major superannuation funds are being asked to explain whether they have needed to provide either liquidity or cash

7 July

Superannuation

APRA predicts second tranche early release surge

Just over $18 billion has already been taken from superannuation accounts via the Government’s hardship early

7 July

Superannuation

Super funds end 2019/20 in negative territory

The median balanced superannuation fund returned 0.8% in June, leaving super funds to fall shy of a positive

The super system needs to respond better to the unique needs of indigenous people, KPMG believes.

7 July

Superannuation

Super website for First Nations people launched

The website aims to deliver financial literacy and education and indigenous financial empowerment in a culturally

7 July

Superannuation

AusUnity launches green bond fund

Growing client demand for responsible investments has prompted Australian Unity to launch its Green Bond fund,

3 July

Superannuation

QSuper ceases comprehensive advice

The change will see 23 paraplanning-related roles be made redundant and another 32 support roles will be affected.

2 July

Superannuation

Extra best interests licence condition imposed on Suncorp

Suncorp Portfolio Services Limited is now required to document how it considers and prioritises members’ interests

2 July

Superannuation

APRA imposes best interests licence condition on CFSIL

The regulator has imposed a new licence condition that will require the firm to record how it considers members’

With growth assets generally struggling in September, median growth super funds recorded a fall of 1.1 per cent for the month, according to Morningstar.

2 July

Superannuation

ISA claims hundreds of thousands have wiped out their retirement balances

The Government’s hardship early release superannuation scheme has “wiped out” the retirement balances of hundreds

2 July

Superannuation

Why pre-retirees should adjust their strategy

The lower long-term returns likely to be generated by the COVID-19 pandemic mean pre-retirees should be

2 July

Superannuation

Keep super compulsory – says new white paper

Australians have much to gain from the Government keeping superannuation compulsory and plenty to lose if it does

2 July

Superannuation

AFCA receive over 80k complaints

Most complaints are related to credit, insurance claims, and superannuation with nearly 5,000 of the complaints in

Colonial First State Global Asset Management’s managed infrastructure funds to complete the acquisition of NZ Maui Pipeline for NZ$335 million.

2 July

Superannuation

Help for Kiwis transferring to superannuation

Industry super fund First Super has announced a partnership with NZRelo to help people understand more about

The reduction in barriers for those over age 65 to downsize their home introduced in the Government’s Budget is great news for wealthy people but not a good idea for the masses, Rice Warner believes. The measure will allow those aged 65 and over to make a

2 July

Superannuation

Older Aussies to benefit from improved super system

The Morrison Government has announced that its improved super system from the new financial year will make it

1 July

Superannuation

Equity Trustees appointed super trustee for AMP Life

Equity Trustees Superannuation has been appointed as superannuation trustee for AMP Life’s superannuation funds

1 July

Superannuation

First State Super and VicSuper officially merge

The two superannuation funds have completed the merger to create a fund managing over $120 billion for 1.1 million

30 June

Superannuation

ATO approval of early release ‘no rubber stamp’

Members who have access hardship early release superannuation should understand that they may be audited by the

30 June

Superannuation

Expect negative full-year returns for super: Chant West

The median growth super fund is expected to post a loss for the full year 2019/20, the first time in 11 years,

30 June

Superannuation

Super members left with under $3k after early access

Those that have accessed their super early will have to work an extra 1.5 to two years and will have 5% less per

30 June

Superannuation

No slackening in momentum of early release super

From go to woah, the latest Australian Prudential Regulation Authority data has revealed no slackening in demand

30 June

Superannuation

APRA claims heatmap vindication

The Australian Prudential Regulation Authority has claimed vindication of its heatmaps approach amid lower total

30 June

Superannuation

Nearly 2.5m access early release of super

There could be as many requesting it again next financial year, as nearly 2.5 million have accessed the Government

30 June

Superannuation

Super has added $500b to households since inception

The compulsory superannuation system has added $35 billion to the bottom 20% of workers by income, according to

The Government has been told that super, rather than the Age Pension should sit at the heart of retirement incomes policy.

25 June

Superannuation

Funds warned: Don’t overpromise on target returns

Superannuation funds need to carefully think through what they are telling consumers in terms of target returns in

25 June

Superannuation

Super members need awareness of other hardship programs

There are other financial hardship programs people can access and super members need to be aware of these before

23 June

Superannuation

Super balances can’t be rebuilt if SG remains frozen

Lifting the superannuation guarantee to 12% is a necessary prerequisite to helping people rebuild their account

23 June

Superannuation

Top balanced super funds make gains

The best performing balanced superannuation funds returned between 6.8% and 3.7% but still have some way to go

23 June

Superannuation

COVID-19 puts spotlight on super downfalls

Over 65% of retirees do not believe the superannuation system will provide them a dignified retirement and 70% do

23 June

Superannuation

ATO updates SMSF cost figures after outcry

The median ‘operating expense’ for a self-managed super fund is $3,923, according to the Australian Taxation

18 June

Superannuation

Has COVID-19 volatility undermined APRA’s heatmaps?

New analysis from Frontier Investment Consulting suggests that the volatility generated by COVID-19 has raised

18 June

Superannuation

Super funds rose 2.2% in May

If superannuation funds close the year close to flat it would be an ‘excellent outcome’, according to Chant West.

18 June

Superannuation

Identification biggest issue for First Nations people

Superannuation funds need to be proactive in identifying Aboriginal and Torres Strait Islander members and create

Colonial First State is maintaining its argument that all APRA-approved MySuper products should be capable of selection as default funds.

16 June

Superannuation

New Cbus ‘opt out’ regime raises eyebrows

Building workers have been told they will have to specifically opt-out if they don’t want Cbus to give their

16 June

Superannuation

10 super funds still accounting for 60% of early release payments

Big, highly-exposed superannuation funds continue to make the bulk of hardship, early release superannuation

16 June

Superannuation

Super members ease off COVID-19 queries

The top client issue dealt with by advisers in May was concessional super contributions, compared to April when

16 June

Superannuation

The ‘diabolical’ threat of sequencing risk

The threat of sequencing risk is “diabolical” for retirees and pre-retirees and leaving them in danger when there

11 June

Superannuation

Fund reveals how ATO revoked early release requests

A major industry fund, LUCRF has revealed the manner in which the Australian Taxation Office has at first approved

New research suggests SMSF trustees are diversifying their asset allocations but many still cling to cash.

11 June

Superannuation

Switching super to cash is the bigger issue: Hume

The early access to superannuation scheme will not have an impact on the overall super system compared to members

11 June

Superannuation

Govt committed to SG increase but expect business pushback

Although the superannuation guarantee increase is legislated, Senator Jane Hume expects there to be pushback from

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