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Superannuation

Super industry critiques PC draft report

KARREN VERGARA AND STEPHEN FAY  |  WEDNESDAY, 20 JUN 2018
Influential superannuation industry stakeholders had the opportunity to respond to the Productivity Commission's draft report at a public hearing held in Sydney this morning.

Cbus aims to reduce costs through internalisation

ALEX BURKE  |  WEDNESDAY, 20 JUN 2018
In a speech at the Master Builders Australia National Leaders Summit in Canberra, Cbus chief investment officer Kristian Fok said his fund aims to manage at least 35% of its assets internally by 2022, thereby reducing costs by about 18 basis points.

US giant acquires Aussie super consulting business

ALEX BURKE  |  FRIDAY, 15 JUN 2018
An NYSE-listed global insurance brokerage and risk management firm is acquiring an Australian superannuation consulting services company along with its technology-based sister firm as part of a continued play into the Australian wealth market.

HESTA commits $40m to impact investments

ALEX BURKE  |  THURSDAY, 7 JUN 2018
HESTA is committing a further $40 million to its Social Impact Investment Trust (SIIT), which is managed by Social Ventures Australia (SVA).

Aussie retirement confidence dropping

HARRISON WORLEY  |  WEDNESDAY, 6 JUN 2018
Qantas Super's latest research highlights pessimism in middle aged Australians preparing to retire.

Super State of Origin: Who wins?

DARREN SNYDER  |  WEDNESDAY, 6 JUN 2018
Queensland's recent State of Origin rugby league dominance over New South Wales is mirrored in MySuper performance, Rainmaker's latest superannuation analysis shows.

Unpaid super reaches $6bn

DARREN SNYDER  |  MONDAY, 4 JUN 2018
Industry Super Australia is lobbying the Federal Government to improve proposed laws that further address unpaid superannuation, a figure estimated to be about $5.9 billion as at 2015-16.

Super protection policy needs improvement

DARREN SNYDER  |  FRIDAY, 1 JUN 2018
Advocacy group Women in Super is calling on the Federal Government to re-examine its policy to end life insurance for Australians with low superannuation balances or accounts with little activity, suggesting it could be detrimental to women with dependents.

Super scorecard to shift consumer playing field

DARREN SNYDER  |  THURSDAY, 31 MAY 2018
An independent think tank is launching a sustainable retirement scorecard as a self-assessment tool for superannuation funds to benchmark performance in managing members' retirement.

Responsible investment now mainstream

ALEX DUNNIN  |  THURSDAY, 31 MAY 2018
Responsible investing has mainstreamed with two-thirds of Australia's largest super funds now actively committed. It's also become a leading indicator of segment performance differentials.