Distrust is super's biggest challengeBY JAMIE WILLIAMSON | WEDNESDAY, 15 FEB 2017 11:59AMThe biggest challenge facing the superannuation system is the distrust millennials have in the financial services industry at large following years of scrutiny. Related News |
Editor's Choice
Iress says its GitHub user space was breached
Iress has disclosed to shareholders that its private user space with software code repository GitHub was subjected to a cyber-attack over the weekend.
Federal Court rejects two CBA class actions
The Federal Court shut down two class actions against Commonwealth Bank of Australia (CBA) relating to anti-money laundering and counter-terrorism financing (AML/CTF).
Chalmers makes bold inflation prediction
The Federal Treasurer says he believes inflation will come back into the Reserve Bank's target range sooner than predicted.
UniSuper restores online services, app
UniSuper's systems are back online, after close to two weeks of disruption.
Products
Featured Profile
Robert De Dominicis
CHIEF EXECUTIVE OFFICER
GBST HOLDINGS LIMITED
GBST HOLDINGS LIMITED
It was during a family sojourn to the seaside town of Pescara, Italy, Rob DeDominicis first laid eyes on what would become the harbinger of his future. Andrew McKean writes.
As a former adviser, I am aghast at the fact that Superannuation members are not provided with an indication of the potential income they may receive from their existing benefits at a particular age - perhaps 65 with suitable comments regarding accounting for inflation and other elements necessary to providing the estimate.
Lump sums mean nothing in the real world.