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Superannuation

Royal Commission bad for super: Switzer

ALEX BURKE, JAMIE WILLIAMSON  |  FRIDAY, 27 APR 2018
Switzer Group founder Peter Switzer argued that the Royal Commission is a "super-killing blood-sport" that will ultimately hurt super member balances.

First Super to vote against AMP board

ALEX BURKE  |  FRIDAY, 27 APR 2018
Following a recommendation from the Australian Council of Superannuation Investors (ACSI), triggered by findings from the Royal Commission, First Super said it would vote against the re-election of AMP's board at the upcoming annual general meeting.

Unions lobby super sector to cut big bank, AMP ties

JAMIE WILLIAMSON  |  TUESDAY, 24 APR 2018
The Australian Council of Trade Unions is calling on industry superannuation funds to review partnerships with the big banks in light of issues exposed at the financial services Royal Commission.

Industry fund begins lifecycle pension strategy

HARRISON WORLEY  |  TUESDAY, 24 APR 2018
A $1.5 billion industry superannuation fund has added a dual-account lifecycle strategy to its pension offering.

WA Super awards admin mandate

KARREN VERGARA  |  THURSDAY, 19 APR 2018
WA Super awarded a superannuation and payroll administration mandate to a new provider.

QIC wins $550m super fund mandate

ALEX BURKE  |  MONDAY, 16 APR 2018
QIC's global private capital division won a $550 million mandate from one of Australia's largest superannuation funds.

Default options safeguard retirement savings: Research

JAMIE WILLIAMSON  |  WEDNESDAY, 11 APR 2018
A University of New South Wales research initiative believes default superannuation and retirement options could prove beneficial in combating poor financial decision-making brought about by cognitive decline.

AustralianSuper boosts digital capabilities for engagement

JAMIE WILLIAMSON  |  TUESDAY, 10 APR 2018
Australia's biggest industry superannuation fund is seeing greater member engagement by way of its recently launched chatbot and new in-app messaging capability.

Crime victims should receive super access: Poll

DARREN SNYDER  |  MONDAY, 9 APR 2018
Financial Standard readers mostly support a Federal Government proposal which would see victims of horrific crimes have an ability to access the superannuation balances of perpetrators.

MySuper growth leads industry

KANIKA SOOD, DARREN SNYDER  |  FRIDAY, 6 APR 2018
MySuper products now have more than $635 billion in assets and account for about one-quarter of Australia's $2.6 trillion superannuation system.