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Superannuation

Domestic violence super reforms stall

ALLY SELBY  |  THURSDAY, 23 JUL 2020
Representatives from industry super and a legal body have called on the Federal Government to deliver on a promised scheme that would have stopped domestic violence perpetrators from hiding their super assets from their spouses.

J.P. Morgan wins custody mandate

KANIKA SOOD  |  THURSDAY, 23 JUL 2020
A $21 billion superannuation fund has renewed J.P. Morgan as its custodian for another five years.

Super fund COVID-19 requirements to remain

ANNABELLE DICKSON  |  THURSDAY, 23 JUL 2020
APRA will review its Pandemic Data Collection (PDC) in September but will continue until the pandemic-related issues faced by superannuation funds have subsided, according to its recent frequently asked questions (FAQ) about PDC.

HESTA doubles down on climate action

ALLY SELBY  |  WEDNESDAY, 22 JUL 2020
The $52 billion industry super fund has called on the Australian government to encourage institutional investors to take a greater role in a green recovery from the economic crisis.

Stimulus, ERS pushes spending up 17%

ELIZABETH MCARTHUR  |  TUESDAY, 21 JUL 2020
New research has demonstrated the impact of the government's stimulus package and early release of superannuation program, with a sharp uptick in consumer spending.

Aware Super unaware of members with disabilities

KANIKA SOOD  |  MONDAY, 20 JUL 2020
First State Super's planned rebrand to Aware Super last week ran into trouble when the fund failed to disseminate the information in formats accessible to all members.

Super to tip into negative cash flows: Research

ELIZABETH MCARTHUR  |  MONDAY, 20 JUL 2020
New research from Right Lane has suggested that Australian super funds could tip into negative cash flows due to COVID-19 and the early release of super program.

ERS payments approach $30bn mark

ELIZA BAVIN  |  MONDAY, 20 JUL 2020
Applications for the Early Release of Super (ERS) scheme have hit $28 billion, with funds having so far paid out $25.3 billion since the start of the scheme.

Industry fund lowers fees

KANIKA SOOD  |  FRIDAY, 17 JUL 2020
The industry fund for coal miners has lowered investment and administration fees on pension products effective July 1.

Pandemic exacerbated retirement confidence: Research

ELIZA BAVIN  |  FRIDAY, 17 JUL 2020
Research from State Street found Australian savers have been more likely to check their super and change investment strategies during the COVID-19 crisis.