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Superannuation

Associations not sold on PC draft report

EMMA RAPAPORT  |  THURSDAY, 30 MAR 2017
The Productivity Commission's draft report on alternative default models for the superannuation system has been met with mixed responses from the industry.

Productivity Commission proposes default super overhaul

EMMA RAPAPORT  |  WEDNESDAY, 29 MAR 2017
The Productivity Commission has released its anticipated draft report on alternative default models in superannuation, looking at ways to introduce more competition in a system where members do not exercise fund choice.

Industry fund launches ethical investment option

KARREN VERGARA  |  WEDNESDAY, 29 MAR 2017
A $20 billion industry superannuation fund is joining several peers in offering a socially responsible investment choice for members.

Super trustees need better vigilance: APRA

EMMA RAPAPORT  |  MONDAY, 27 MAR 2017
APRA's deputy chair Helen Rowell hit out at superannuation trustees who incur "inappropriate expenditures" saying that unnecessary costs negatively affect outcomes for members.

Housing affordability threatens super's future

EMMA RAPAPORT  |  FRIDAY, 24 MAR 2017
Australia's declining home ownership rate has become so serious that it is imposing a significant threat to the adequacy of Australia's retirement income system, according to a new report.

Collective power: What's next for profit-to-member funds?

EMMA RAPAPORT  |  FRIDAY, 24 MAR 2017
Industry super thought leaders have urged the sector to harness the power of the collective and collaborate more closely on problem solving to ensure longevity and continued member engagement.

'Retire ready' is more than a large super balance

EMMA RAPAPORT, STEPHEN FAY  |  THURSDAY, 23 MAR 2017
Satisfaction in retirement is a function of more than financial security, with other factors equal or more powerful in driving overall satisfaction, according to presenters at this years' Conference of Major Super Funds.

BTFG announces giant Panorama leap

DARREN SNYDER  |  THURSDAY, 23 MAR 2017
BT Financial Group will merge 12 superannuation funds into one as part of the rollout of its $630 million Panorama platform and in a major update of the wealth management business.

Profit-to-member super funds must restore trust: AIST

EMMA RAPAPORT  |  WEDNESDAY, 22 MAR 2017
Profit-to-member superannuation funds have a duty to strengthen and restore trust in Australia's $2 trillion super system, as well as lead other institutions to restore economic balance for the everyday working person.

CSC renews $40bn custody mandate

ALEX BURKE  |  WEDNESDAY, 22 MAR 2017
The Commonwealth Superannuation Corporation has renewed custody arrangements for its $40 billion in funds under management.