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Superannuation

Government releases draft super reforms

ALEX BURKE  |  THURSDAY, 8 SEP 2016
The Turnbull government has released its first tranche of exposure draft legislation for proposed superannuation reforms.

Alpha-beta split allows better asset allocation

DARREN SNYDER  |  THURSDAY, 8 SEP 2016
One of Australia's largest superannuation funds says it has strategically split its investment portfolio between alpha and beta to better monitor performance and asset allocation.

Under reporting of super fees harming investors: ASIC

DARREN SNYDER  |  THURSDAY, 8 SEP 2016
ASIC says it is motivated by the fact that inconsistent and under reporting of superannuation fees is harming investors and as a regulator it will not allow this to continue.

Hedge fund, PE allocations drive super fees: study

KERRIE SYDEE  |  WEDNESDAY, 7 SEP 2016
Higher allocation to riskier and less liquid asset classes is driving higher superannuation fees, according to a new study from the Centre for International Finance and Regulation (CIFR).

ING DIRECT pays up for "no fees" super marketing

MARK SMITH  |  WEDNESDAY, 7 SEP 2016
ING DIRECT is returning a total of $5 million to members of its superannuation fund, Living Super, and will no longer promote the product as having "no fee" after the financial services regulator raised concerns about how fees on its cash option were ...

Super funds seeking low carbon mandates

DARREN SNYDER  |  WEDNESDAY, 7 SEP 2016
AustralianSuper is carbon footprinting the companies it invests in to identify those most exposed in the transition to low carbon economies across the globe.

Super funds must harvest farmland

DARREN SNYDER  |  WEDNESDAY, 7 SEP 2016
A global real assets manager believes there are significant tailwinds for institutional investors placing capital in agriculture over the coming years, provided the approach is diversified and global.

UK corporate pension deficit swells

MARK SMITH  |  WEDNESDAY, 7 SEP 2016
The combined pension deficit of the UK's 350 largest listed companies widened £50 billion ($87 billion) in August, the increase on record.

Disclosure deadlines present super challenge

DARREN SNYDER  |  WEDNESDAY, 7 SEP 2016
Superannuation has recently received plenty of oxygen in the political atmosphere and fund disclosure is yet another bubble quickly rising.

Super funds extend support to local communities

KERRIE SYDEE  |  TUESDAY, 6 SEP 2016
Energy Super has appointed a financial adviser to provide assistance to clients affected by the changing energy industry, while UniSuper has partnered with a non-profit social venture to support employment opportunities for refugees and asylum seekers.