Evidence of "pay to play" in US pension consulting
KANIKA SOOD  |  WEDNESDAY, 25 SEP 2019
Top staff at investment advisory firms may have used political contributions to win mandates from public pension funds in the United States until 2011, a new research paper found.
Super Consumers Australia launches, slams MySuper products
KRISTI CHENG  |  WEDNESDAY, 25 SEP 2019
New consumer group Super Consumers Australia has marked its launch with a swipe at MySuper products and the superannuation lobby.
Calls for better drawdown rules
ELIZA BAVIN  |  WEDNESDAY, 25 SEP 2019
Over the next decade the number of retired Australians over 65 is projected to grow from four million to seven million, sparking calls from Willis Towers Watson for better drawdown rules to ensure retirees aren't being too conservative with their spe
Treasury agreed with Grattan SG modelling
KANIKA SOOD  |  TUESDAY, 24 SEP 2019
Grattan's report arguing Aussies retire with enough and government should scrap increasing the superannuation guarantee to 12% was "broadly consistent" with Treasury's own modelling, staff emails show.
Industry funds confirm merger
HARRISON WORLEY  |  MONDAY, 23 SEP 2019
Two industry superannuation funds worth more than $45 billion combined have confirmed they will merge later this year.
Businesses warned to avoid dud funds
ELIZA BAVIN  |  MONDAY, 23 SEP 2019
Rainmaker research has shown the difference between the best and worst performing super funds can equate to a difference of up to $880,000 in balances for retirees.
Senate secures members' interest changes
HARRISON WORLEY  |  FRIDAY, 20 SEP 2019
Insurance in superannuation is now opt-in only for new members under the age of 25 and those with low account balances, after the government's Putting Members' Interest First super reforms passed through the Senate yesterday.
Intrust Super revamps robo-advice
KRISTI CHENG  |  FRIDAY, 20 SEP 2019
Intrust Super has relaunched its robo-advice offering, increasing the solution's speed while decreasing the user input requirements.
Big Super Day Out success, but more to be done
HARRISON WORLEY  |  THURSDAY, 19 SEP 2019
The First Nations Foundation's 2019 Big Super Day Out reconnected more than $9.5 million in superannuation with Indigenous Australians.
Major super funds caught in fraud scandal
ELIZA BAVIN, JAMIE WILLIAMSON  |  WEDNESDAY, 18 SEP 2019
Several of Australia's largest superannuation funds were targeted by an online fraud syndicate which siphoned millions from share-trading and super accounts.
Link to something O6MMWLiL