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.

3 March

Superannuation

Hesta expands leadership team

Super fund Hesta has announced new investment leadership structure and internalisation plans.

3 March

Superannuation

Retirees struggling to make ends meet

Almost 40% of recent retirees are either living on a very tight budget or are not making ends meet, according to a

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

3 March

Superannuation

Kiwis get ‘more bang for their buck’ with move to balanced default funds

Default KiwiSaver funds will be moved from conservative to balanced funds in a shake-up of the New Zealand

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

While the CIPR regime aims to be a solution to the longevity risk that most Australians will face, CIPRs need to have enough incentive for a substantial take-up

2 March

Superannuation

ASFA CEO condemns Grattan Institute as ‘anti-retirement’

Association of Superannuation Funds of Australia chief executive, Dr Martin Fahy has directly confronted the

27 February

Superannuation

Taper rate needs to be reduced to $2: ISA

Reducing the taper rate and increasing the super guarantee to 12% would increase adequacy and improve the

27 February

Superannuation

No recourse to members’ money for super funds that err

Superannuation fund trustees will not be able to resort to members’ funds held in a trust to pay civil penalties

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

ASX-listed companies need to improve their reporting of ESG risks to enable investors to make better decisions, the ACSI believes.

27 February

Superannuation

Australian Ethical NPAT up 40%

The super fund’s net inflows jumped 150% during the first half of FY20 as more investors looked to ethical

25 February

Superannuation

Why super represented a solid investment in 2019

The latest Australian Prudential Regulation Authority data has confirmed why superannuation represented a solid

25 February

Superannuation

A small increase in super contributions boosts confidence levels

Australians could alleviate their concerns around their retirement prospects by increasing their super

25 February

Superannuation

Amnesty bill does not prevent future underpayment

The unpaid superannuation amnesty bill will help recover around $200 million which is less than 5% of the annual

25 February

Superannuation

Restrictions on super choice inefficient and unacceptable: Govt

The Government is committed to removing restrictions regarding superannuation fund choice but will not prevent a

following a competitive selection process.

20 February

Superannuation

Don’t let consultants drive accountability outcomes says APRA

Superannuation funds and insurers should not rely too heavily on consultants to meet their obligations under the

20 February

Superannuation

Single super regulator by 2030

In 10 years time the superannuation industry could be regulated by one single entity, according to Challenger.

20 February

Superannuation

Hume: Hayne recommendations are our number one priority

Increasing the maximum number of self-managed superannuation fund members to six is still a commitment from the

20 February

Superannuation

Bring forward rule becoming a headache for advisers

The failure to legislate the bring forward rule is leading to planning issues for advisers with clients who will

Australian Ethical has been awarded RIAA’s whole of fund certification under RIAA’s renewed program.

18 February

Superannuation

Super returns make good start to 2020

Superannuation funds have made a solid start to 2020 with the median growth fund returning 2.9% in January on the

MLC Life Insurance has been appointed by Energy Super as the provider of its Group Salary Continuance Insurance.

18 February

Superannuation

Robeco wins indexing strategy mandate

Robeco has been appointed a $650 million global equity enhanced indexing mandate by an industry super fund.

14 February

Superannuation

ASIC welcomes reforms expanding its role in super

The Australian Securities and Investments Commission and the Australian Prudential Regulation Authority have

14 February

Superannuation

ASIC welcomes reforms expanding its role in super

The Australian Securities and Investments Commission and the Australian Prudential Regulation Authority have

13 February

Superannuation

Consumption modelling to determine retirement income adequacy

Using a subsidising of a percentage-of-salary model to determine adequacy leads to low income earners to earn less

13 February

Superannuation

CFS urges fix for 15-year-old super choice failing

The former Howard Government never went far enough on superannuation choice in 2005 and the Government should not

Financial advisers are seeking support on how the Assets Test change will affect their Age Pension eligibility, according to Challenger.

13 February

Superannuation

Universal Age Pension will incentivise Aussies to save

Mercer has called for a universal Age Pension as it would create a simpler, more efficient super system with

AMP has flagged sharper communications around its roll-out of lifecycle super products.

12 February

Superannuation

Super funds receive ASIC rap over PYSP comms

Superannuation funds have been identified as having fallen short in the manner in which they communicated the

11 February

Superannuation

WTW urges caution on APRA heatmaps

The Australian Prudential Regulation Authority’s heatmaps should be treated with caution based on the narrowness

11 February

Superannuation

Why super is sustainable and affordable

Future Australian Government’s should accept that the superannuation system is both sustainable and affordable

6 February

Superannuation

Thousands lost since SG freeze

Workers haven’t seen any wage growth despite that justification being used to freeze the superannuation guarantee

6 February

Superannuation

Retirement review needs to capture member’s entire life

The Retirement Income Review needs to fully capture a member’s interaction with the system, according to PwC.

6 February

Superannuation

Focus on retirement phase needed

The Retirement Income Review should not neglect looking at the retirement phase and needs to encourage governments

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

6 February

Superannuation

BetaShares proposes universal pension

BetaShares had submitted a proposal as part of the Retirement Income Review to advocate for a universal pension

4 February

Superannuation

Retail super funds in decline

Retail superannuation funds once dominated in terms of assets held in the industry, but those days are gone.

4 February

Superannuation

Retirement review needs to look at retiree experience

The Retirement Income Review needs to look beyond fiscal and budgetary implications, according to the Association

Challenger Limited posts strong first half on back of selling annuities via super funds and platforms.

4 February

Superannuation

Fees and costs only one part of performance

Purely focusing on a fund’s expenses could lead to the suboptimal outcome of lost returns, according to the

4 February

Superannuation

Australian retirees use home equity for retirement funding

Australians should be more incentivised to be able to use their home equity in order to improve their retirement

30 January

Superannuation

Call to end the legalese around super products

There has been too much confusion around superannuation products because of an excess of legalese, according to

30 January

Superannuation

Retail and industry funds share Heron ratings

Both industry and retail superannuation funds are well-represented among the 82 fund assessed as worthy of 5 Heron

30 January

Superannuation

Hume questions validity of super fund fee increases

Some superannuation funds may have increased their fees simply because they had run down their administration fees

30 January

Superannuation

Federal Govt wants industrial relations out of super

The superannuation industry is now big enough and old enough to be broken away from the “coddling’ of the

Super funds with higher fees have a higher allocation to riskier asset classes, according to CIFR.

30 January

Superannuation

AMP announces super fee reductions

AMP Limited has announced investment fee reductions impacting clients across MySuper, choice and cash and term

28 January

Superannuation

TWUSuper members largely exempt from insurance changes

The majority of members of TWUSuper would be largely exempt from the Government’s further changes to insurance

24 January

Superannuation

Aussie retirees need more than half a million dollars

Australian retirees will need to accumulate over a half a million dollars to escape the ‘retirement trap’,

23 January

Superannuation

Hard deadline needed on comparable APRA super data

The Federal Government needs to impose a hard deadline on the Australian Prudential Regulation Authority to

23 January

Superannuation

Balanced super funds unlikely to have strong returns

Balanced super fund returns will take a hit in the coming years as interest rates hit the bottom of the cycle,

Mercer and Virgin Money Australia have expanded its partnership with the launch of public offer super fund, Virgin Money Super today.

22 January

Superannuation

Government outlines extension of BEAR to super funds

Superannuation fund executives and trustees will find themselves the subject to the equivalent of the Bank

21 January

Superannuation

FSC wants no grandfathering of super industrial agreements

The Financial Services Council has urged against the grandfathering of existing workplace agreements preventing

21 January

Superannuation

Opt-out super a ‘blatant tax grab’: ISA

The proposal to allow lower-income earners to opt-out of super would hit NSW workers an extra $1.3billion in tax a

21 January

Superannuation

Fair Work panel needed to lift super default standards

The Government needs to appoint members to the Fair Work Commission Expert Panel to ensure that only super funds

21 January

Superannuation

Super fund ethical details not mandatory

Many superannuation fund members are unaware they are part owners in industries that might not align with their

Federal Assistant Treasurer, Kelly O’Dwyer says it is simply wrong to suggest people can still work the super system to generate multi-million dollar balances.

21 January

Superannuation

ANU study on SG ‘a fantasy’: ISA

A new study from the Australian National University on the super guarantee assumes that every Australian is a

16 January

Superannuation

Make selecting a super fund compulsory says EQT

Equity Trustees has urged the Government to go further on default superannuation by making selection of a fund

16 January

Superannuation

ATO establishes SG legal precedent

The Australian Taxation Office has established a key legal precedent with respect to responsibility for the paying

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