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.

9 June

Superannuation

60% decline in super funds predicted by KPMG

Major consultancy KPMG is predicting a 60% decline in the number of superannuation funds, with industry funds

9 June

Superannuation

Early super payments reach $13.5b

Over 1.81 million superannuation members have been paid through the scheme, according to data from the Australian

4 June

Superannuation

The high cost of super industry advocacy

Evidence given to a Parliamentary Committee has revealed just how much it costs to be a member of the major

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

4 June

Superannuation

REST reveals the comparative dimensions of early release

The impact of the Government’s hardship superannuation early release program has been starkly revealed in

The gender gap in super could lead to a loss of freedom for women as they either accept a lower living standard or rely on a partner, according to AIST.

4 June

Superannuation

Middle income retirees stuck in ‘taper rate trap’

The increased taper rate encourages retirees to spend their savings quickly and puts retirees at risk of running

2 June

Superannuation

Who is morally responsible for compensating early release fraud?

Superannuation funds believe that while they may not be ultimately responsible for frauds committed under the

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

A recent SCT determination has acted as a reminder to superannaution funds of their obligaiton to fully pursue insurance claims on behalf of members.

2 June

Superannuation

Flexible governance structure needed

Greater flexibility and freedoms within governance structures will allow superannuation funds to respond quicker

2 June

Superannuation

Trustees take 3.3 days to pay early access to super scheme

Since the start of the scheme in April, 94% of payments were made within five business days, according to data.

28 May

Superannuation

APRA’s warning on underperformance

The Australian Prudential Regulation Authority has suggested that no one metric should be used to reject the

28 May

Superannuation

Early super applicants exceeded expectations: APRA

The number of members accessing super has been higher than what the Australian Prudential Regulation Authority had

28 May

Superannuation

Stop making excuses not to merge says APRA

Too many superannuation fund trustees have been looking for excuses not to merge rather than getting on with the

28 May

Superannuation

Over 3,000 COVID-19 complaints to AFCA

More than 600 complaints were in relation to superannuation and the delays in early release, according to the

28 May

Superannuation

SuperConcepts backs tax extension

SuperConcepts has backed a call made by Tax and Super Australia to extend lodgement dates and company tax for

26 May

Superannuation

Super in decline even before early access regime

New Australian Prudential Regulation Authority data has revealed the lowest rate of return for superannuation

26 May

Superannuation

APRA has never encountered a fund that couldn’t be merged

Superannuation funds which want to merge should be able to find willing merger partners or should be considering

26 May

Superannuation

Funds without scale need to be ‘very unique’ to survive

Data shows that very large funds are delivering better member outcomes and only small funds with a very unique

26 May

Superannuation

Personalised goal-based investing needed in super

Super funds’ one-size-fits-many approach does not allow members to reach their retirement goals, according to

26 May

Superannuation

74 tax practitioners in trouble over SMSFs

Seventy-four tax practitioners are going to have to explain themselves to the Tax Practitioners Board over

26 May

Superannuation

Optimal number of super funds falls to 15 – report

Smaller superannuation funds should be considering mergers or heading for the exit, according to a new report

NAB’s Andrew Hagger puts MLC Super creation in context of banking and wealth strategy.

21 May

Superannuation

APRA asked to explain mergers with under-performing funds

The Australian Prudential Regulation Authority has been asked to explain what advice it would give to funds which

21 May

Superannuation

Wage growth the issue not SG: panel

CMSF panellists have argued that freezing the super guarantee will not lead to a dignified retirement while one

19 May

Superannuation

ISA insists scrutiny of early release is justified

In circumstances where the Government’s superannuation early release scheme represents a 30-year departure from

18 May

Superannuation

The slowest funds to pay early access

Almost all of BT’s Advance Retirement Suite early access to super payments have taken between six to nine days,

18 May

Superannuation

Relief for super funds in April

The median growth superannuation fund bounced back 3.1% in April but year to date figures are still in the red,

14 May

Superannuation

CGT rollover relief for merging super funds welcomed

The Financial Services Council has welcomed the new legislation but is disappointed the laws also create

Education of trustees and advisers is a more effective approach than overhauling policy to prevent elder financial abuse issues, the SMSF Association believes. Responding to the Australian Law Reform Commission’s (ALRC’s) elder abuse discussion paper, SMS

14 May

Superannuation

Were those who took early access fully informed?

The time lag between the Government’s announcement of early access to superannuation and its subsequent

14 May

Superannuation

AMP analysis shows industries with most early release applicants

Hospitality, arts, recreation, manufacturing and wholesale trade industries have the highest rates of applications

Australian insurers are worrying less about regulatory change and more about the threat of a cyber attack.

14 May

Superannuation

Unified approach to cybercrime needed in super

Any cyber security weakness in the superannuation value chain could leave individual member data vulnerable,

Investment committees and boards tend to take environmental, social, and governance (ESG) issues as a bundle when E, S, and G are not created equally, according to Northern Trust Asset Management. The firm’s senior vice president, head of asset management

12 May

Superannuation

Direct investments delay super early access payment

Superannuation funds with direct investment options require shares to be sold before monies can be transferred to

12 May

Superannuation

Funds with most early access applications pay under average

Sunsuper, Hostplus and REST have paid members eligible for the early access to super less than the average payment

12 May

Superannuation

Super balanced funds rise in April

The median balanced superannuation fund rose 2.7% in April but it was not enough to recover earlier losses as

12 May

Superannuation

RC delay to help super industry to focus on members

The Association of Superannuation Funds of Australia has welcomed the deferral of the Royal Commission

11 May

Superannuation

Four super funds receive over 100k early release applications

AustralianSuper, Hostplus, Sunsuper, and REST have received over 100,000 early superannuation release applications

7 May

Superannuation

Link predicts more fund mergers, lower growth

The COVID-19 pandemic and associated economic impacts are likely to drive more superannuation fund mergers and may

7 May

Superannuation

Early release super fraud detected

The Australian Taxation Office has acknowledged that incidences of fraud have been detected with respect to

Annual bonuses at many companies do not resemble performance pay, and instead appear to be a slightly variable form of fixed pay, according to the Australian Council of Superannuation Investors (ACSI). ACSI’s annual chief executive pay survey found 18 CEO

7 May

Superannuation

Who’s getting the big super board fees?

New details provided to a key Parliamentary Committee has revealed which superannuation fund trustee directors are

7 May

Superannuation

Rest completes $700m early release payments

The industry super fund has paid a total of $693.4 million to over 100,000 members in early super release payments.

5 May

Superannuation

Anglican Super finally mostly free of AMP

Most of Anglican Super’s members have been transitioned to Mercer under a successor fund transfer from AMP Limited

5 May

Superannuation

Super funds face more inflow pressure

Rising unemployment, fall in wages, cuts and delays to dividends could put more pressure on superannuation funds’

There will be over 200 planners and over $21 billion in retirement income when First State Super acquires StatePlus.

5 May

Superannuation

Three Sargon entities acquired by Pacific Infrastructure Partners

The newly formed entity, Pacific Infrastructure Partners, has completed the purchase of Diversa Trustees, CCSL,

5 May

Superannuation

Humanity needed in member comms

Super funds that demonstrate humanity, transparency, and relevance in communication during the COVID-19 pandemic

4 May

Superannuation

Trustees take 1.6 days to pay early super release

During the first week of the early super release payments scheme trustees paid members $1.3 billion, according to

1 May

Superannuation

AMP kicking goals with the AFL

The players’ association of the highest level of Australian rules football has extended their 20-year partnership

1 May

Superannuation

Financial hardship payments up 200 times

An estimated 855,000 early release of superannuation payments have been made totalling $7.1 billion by 30 April,

30 April

Superannuation

Smooth early release super payments as funds manage liquidity

Profit-to-member superannuation funds have been able to manage their liquidity to ensure they have been able meet

A new study conducted by AIA Australia has confirmed strong support for the provision of income protection insurance within super.

28 April

Superannuation

SMSFs not exempt from early release

Hard-pressed small business proprietors have tapped their self-managed superannuation funds accounts to gain

28 April

Superannuation

Did cautious super funds do their job?

While no balanced superannuation funds made a return during Q1, five cautious super funds managed to make a return

28 April

Superannuation

Super funds prefer to talk behind closed doors on climate

There is a disparity between superannuation funds voting for climate-related shareholder resolutions when it comes

23 April

Superannuation

Top sustainable super funds faring better than balanced peers

Most of the top performing sustainable/responsible superannuation funds are managing volatility caused by COVID-19

23 April

Superannuation

Industry and retail super fund satisfaction falls

Uncertainty caused by COVID-19 has lowered satisfaction levels with industry and retail super fund members but

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