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Superannuation

Derivatives costly and ineffective: Research

KARREN VERGARA  |  MONDAY, 29 JAN 2018
The majority of superannuation pension products eschew derivative strategies due to high costs and lack of effectiveness, latest research shows.

O'Dwyer proposes compulsory unpaid super law

KARREN VERGARA  |  THURSDAY, 25 JAN 2018
The Federal Government is proposing all employers transition to the Single Touch Payroll (STP) system from 1 July 2019 under its superannuation guarantee reform package.

SuperFriend launches employer engagement framework

KARREN VERGARA  |  MONDAY, 22 JAN 2018
A best practice framework released by SuperFriend presents significant areas life insurers and superannuation funds can better engage with employers, and help employees return to work quicker.

In-house education key to super success

JAMIE WILLIAMSON  |  THURSDAY, 18 JAN 2018
One of Australia's largest super funds is encouraging parents to educate children on the importance of saving for retirement as new data shows young Australians accumulate super faster than ever.

Satisfaction with industry super rising

JAMIE WILLIAMSON  |  FRIDAY, 12 JAN 2018
Industry superannuation funds are making a comeback in the consumer satisfaction stakes as latest Roy Morgan data shows they have edged retail funds for the third consecutive month.

FSC calls for inquiry into gig economy and its impact on super

EMMA RAPAPORT  |  THURSDAY, 11 JAN 2018
The changing nature of employment will have dramatic effects on the superannuation industry and retirement incomes. The Federal Government should prepare for the impact now rather than react in haste.

Potential windfall to be found in super reforms

JAMIE WILLIAMSON  |  THURSDAY, 11 JAN 2018
Financial advisers are reminded of significant benefits offered by incoming superannuation reforms, with clients preparing for retirement or searching for their first home in line for the lion's share.

An industry fund vision for retirement comfort

JAMIE WILLIAMSON  |  WEDNESDAY, 10 JAN 2018
A $9.2 billion industry fund is using behavioural economics to fight the Federal Government's inaction on increasing the superannuation guarantee.

Australians raid super to pay for medical expenses

EMMA RAPAPORT  |  WEDNESDAY, 10 JAN 2018
Australians are increasingly dipping into their superannuation accounts to pay for medical expenses including gastric banding and IVF.

Industry funds reign supreme: Research

JAMIE WILLIAMSON  |  TUESDAY, 9 JAN 2018
Industry superannuation funds are set to continue their dominance of the sector, with not-for-profit funds already accounting for about two-thirds of Australia's total superannuation assets.