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Superannuation

Treasury delays CIPR timetable

KARREN VERGARA  |  WEDNESDAY, 31 OCT 2018
Assistant Treasurer Stuart Robert announced two major updates to the proposed Comprehensive Income Products for Retirement (CIPRs) initiative, one of which is giving superannuation trustees more time to get retirement income strategies in order.

AustralianSuper awards $500m mandate

KANIKA SOOD  |  WEDNESDAY, 31 OCT 2018
A Melbourne boutique has won a $500 million mandate from AustralianSuper, the super fund confirmed.

Superannuation must catch up to gig economy

DARREN SNYDER  |  WEDNESDAY, 31 OCT 2018
The chief executive at one of Australia's biggest wealth managers said he is troubled by adequacy issues in Australia's $2.7 trillion superannuation system, suggesting it be overhauled.

Industry fund, IRESS begin automated advice journey

DARREN SNYDER  |  TUESDAY, 30 OCT 2018
A $3.5 billion industry superannuation fund is the first to implement IRESS' new digital advice solution.

Super funds react to market sell off

KANIKA SOOD  |  MONDAY, 29 OCT 2018
AustralianSuper and Equip Super are among the superannuation funds reassuring members as the S&P/ASX 200 slid close to its lowest in a year last Thursday.

Idle technology leaves super fund members behind

KARREN VERGARA  |  FRIDAY, 26 OCT 2018
As superannuation funds grapple with digital advancement, their young membership base become further disconnected from the wealth and super system, according to a Zuper co-founder.

Unpaid super penalties too light: ISA

DARREN SNYDER  |  THURSDAY, 25 OCT 2018
Industry Super Australia suggests the Australian Taxation Office's approach to unpaid superannuation is becoming a moral hazard whereby employers think they can escape penalty.

Challenger expands distribution reach

KARREN VERGARA  |  WEDNESDAY, 24 OCT 2018
Challenger is ramping up its distribution capabilities by launching its annuities on a fifth platform.

Young Aussies set lofty retirement goals

KARREN VERGARA  |  WEDNESDAY, 24 OCT 2018
Australian millennials are aiming to retire comfortably at 50 with $5 million in their nest egg, a new survey shows.

Raiz to launch group insurance products

KARREN VERGARA  |  TUESDAY, 23 OCT 2018
A partnership between Raiz Invest and Swiss Re will launch new products attempting to disrupt the group insurance market.