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Superannuation

Beware the retirement trap

ELIZABETH MCARTHUR  |  FRIDAY, 24 JAN 2020
New analysis from BetaShares shows superannuation and the age pension can have undesirable outcomes for some retirees, forcing them to ensure they have at least $600,000 squirrelled away ahead of retirement.

Your Super, Your Choice debate heats up

ELIZABETH MCARTHUR  |  THURSDAY, 23 JAN 2020
The Financial Services Council and the Australian Institute of Superannuation Trustees aired some grievances about the planned Your Superannuation, Your Choice legislation.

AustralianSuper ups admin fees

JAMIE WILLIAMSON  |  WEDNESDAY, 22 JAN 2020
AustralianSuper will introduce a new fee for MySuper members from April 2020 to offset the impact of the Protecting Your Super changes.

Class action accuses NAB of super rip-off

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 JAN 2020
Maurice Blackburn Lawyers today filed a class action on behalf of more than 330,000 National Australia Bank superannuation customers.

New super fund targets millennials

ELIZABETH MCARTHUR  |  TUESDAY, 21 JAN 2020
A newly launched sub-plan of Aracon Super has officially launched, marketed to millennials with a PDS revealing relatively high fees, expensive insurance and big ambitions.

Opt-out super to hit workers: ISA

HARRISON WORLEY  |  TUESDAY, 21 JAN 2020
New Industry Super Australia research claims to show plans to make superannuation optional for low-income workers is nothing more than a tax grab.

ISA slams ANU research as SG debate rears its head again

HARRISON WORLEY  |  MONDAY, 20 JAN 2020
The peak body for industry superannuation has forcefully rebuked new research from the Australian National University which questions raising the superannuation guarantee to 12% as scheduled.

New super fund to launch

ELIZABETH MCARTHUR  |  FRIDAY, 17 JAN 2020
A new superannuation fund is set to launch next week focused on sustainable investing.

Super fund grows US real estate assets

HARRISON WORLEY  |  WEDNESDAY, 15 JAN 2020
A public sector superannuation fund managing around $95 billion in retirement savings expanded its US property portfolio, adding residential and office tower complexes in Washington and Virginia.

Better retirement income products needed

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 JAN 2020
Challenger's Jeremy Cooper is calling for better product design from super funds as new research shows most Australian seniors are living in fear that they will outlive their savings.