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Superannuation

Super associations unite to warn against 'political panel'

EMMA RAPAPORT  |  MONDAY, 8 MAY 2017
Industry associations across financial services have warned against the introduction of a government-appointed panel to select the eligibility of superannuation products for employer or employee choice.

Super insurance must be standardised: ISWG

KARREN VERGARA  |  FRIDAY, 5 MAY 2017
The Insurance in Superannuation Working Group is pushing to standardise how super funds communicate life insurance information to members.

IFM wins $670m super mandate

ALEX BURKE  |  WEDNESDAY, 3 MAY 2017
IFM Investors was awarded a $670 million active equities mandate from a multi-industry super fund.

Beneficiaries unfamiliar with death benefits

KARREN VERGARA  |  WEDNESDAY, 3 MAY 2017
A large number of death benefit complaints could be avoided if trustees communicate to members and beneficiaries proper internal dispute resolution processes.

Face-to-face advice rises at UniSuper

EMMA RAPAPORT  |  WEDNESDAY, 3 MAY 2017
UniSuper, the $60 billion superannuation fund for the higher education and research sector, says despite the rapid growth of robo-advice, meeting financial advisers face-to-face continues to grow as the preferred approach among its members.

Victorian DB liabilities hit $44bn

ALEX DUNNIN  |  WEDNESDAY, 3 MAY 2017
Victoria's state budget is projecting a 13% reduction in its superannuation liabilities fueled by a positive revaluation of investment expectations and a slight fall in its defined benefit obligations.

Pre-retirees robbing Peter to pay Paul: REST

EMMA RAPAPORT  |  TUESDAY, 2 MAY 2017
Sandwiched between financial needs of adult children and elderly parents, pre-retirees (aged 50 plus) are in desperate need of financial advice or they risk retiring without adequate funds, warns REST Industry Super.

SG non-payment is an 'easy fix': ISA

KARREN VERGARA  |  TUESDAY, 2 MAY 2017
Industry Super Australia is anticipating an "easy fix" for workers losing up to $300 million in superannuation drawdowns annually ahead of Senate inquiry findings into unpaid superannuation due to be released today.

Sunsuper puts adviser trust front and centre

EMMA RAPAPORT  |  TUESDAY, 2 MAY 2017
When it comes to offering advice and helping people achieve financial goals, trust is the game changer according to $40 billion super fund Sunsuper.

Government reform to close super gender gap

JAMIE WILLIAMSON  |  FRIDAY, 28 APR 2017
Women are facing significant challenges when it comes to saving for retirement and the gender gap won't be relieved without government input.