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Superannuation

MobiSuper, licensee to pay $250k penalty

JAMIE WILLIAMSON  |  MONDAY, 29 AUG 2022
MobiSuper and its licensee will pay a $250,000 penalty for breaching superannuation advice laws while promoting the MobiSuper fund.

Vanguard granted RSE licence

JAMIE WILLIAMSON  |  FRIDAY, 26 AUG 2022
Vanguard expects to launch its product before the end of the year, having been handed a registrable superannuation entity licence.

AustralianSuper increases investment fees

ANDREW MCKEAN  |  THURSDAY, 25 AUG 2022
AustralianSuper has raised the fees of most investment options on account of its recent investments in several large infrastructure and property assets.

A strong super system cushions the economy: ISA

ANDREW MCKEAN  |  THURSDAY, 25 AUG 2022
An Industry Super Australia (ISA) report has called the pool of national savings created by the super system a key strength of the Australian economy and the envy of the world.

Calls for greater efforts to close gender pay, super gap

ANDREW MCKEAN  |  WEDNESDAY, 24 AUG 2022
The latest gender indicators from the Australian Bureau of Statistics (ABS) show that the pay gap between men's and women's salaries has persisted, leading to greater super balance disparity.

Will big super's unlisted investments amplify retirement savings?

ANDREW MCKEAN  |  WEDNESDAY, 24 AUG 2022
Industry Super Australia (ISA) has said that industry super funds' exposure to unlisted assets could lead to its members having more than $130,000 extra at retirement.

Mercer Super, Lutheran Super to merge

JAMIE WILLIAMSON  |  TUESDAY, 23 AUG 2022
After months of delay, Lutheran Super has announced it will merge with Mercer Super.

Calls to pay super on parental leave grow

JAMIE WILLIAMSON  |  MONDAY, 22 AUG 2022
HESTA has joined calls for superannuation to be paid on Commonwealth Paid Parental Leave entitlements, saying modelling shows it could see a mother of two retire with $14,000 more in her account.

Aware Super overhauls fee structure

CASSANDRA BALDINI  |  FRIDAY, 19 AUG 2022
Aware Super is removing trustee charges and management fees from its products, which will simplify the structure for more than 1.1 million members.

WA introduces new super laws for de facto couples

ANDREW MCKEAN  |  FRIDAY, 19 AUG 2022
Long-anticipated superannuation laws that allow de facto couples to split their super assets in the event of a relationship breakdown have finally passed in Western Australia.