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Superannuation

Super gets reality check on engagement

DARREN SNYDER  |  FRIDAY, 22 JUL 2016
Choice chief executive Alan Kirkland told superannuation funds a few home truths this week, relaying several member perceptions about the industry ahead of research to be released by the consumer advocacy group.

"We were wrong about super": FSC chair

ALEX BURKE  |  THURSDAY, 21 JUL 2016
The superannuation system was sold incorrectly to Australians, according to the Financial Services Council's new chair Geoff Lloyd.

New $70bn MLC fund gives retail access to unlisted

ALEX BURKE  |  THURSDAY, 21 JUL 2016
The scale advantages of the $70 billion merged MLC Super Fund will deliver better returns to members through access to the unlisted space, according to NAB Wealth executive general manager Paul Carter.

Trust ahead of returns for member retention

MARK SMITH  |  THURSDAY, 21 JUL 2016
Members who have changed jobs since joining Equip have for the first time ranked trust ahead of investment returns as the reason for sticking with the fund.

Australia ranks sixth in global pension survey

KERRIE SYDEE  |  THURSDAY, 21 JUL 2016
The 2016 Global Retirement Index (GRI) has ranked Australia sixth in the world for the wellbeing of its retirees, naming engagement as a key factor in improving retirement outcomes.

No progress on super wealth gap in 12 years

MARK SMITH  |  WEDNESDAY, 20 JUL 2016
The gap in superannuation balances between the rich and the poor and also between men and women has shown little sign of narrowing in the last 12 years, according to the latest annual Household, Income and Labour Dynamics in Australia (HILDA) survey.

Tasplan and RBF merger confirmed

KERRIE SYDEE  |  WEDNESDAY, 20 JUL 2016
The Tasplan and RBF Tasmanian Accumulation Scheme successor fund transfer will go ahead following support from the Tasmanian government.

Property and infrastructure steer REST into positive territory

KERRIE SYDEE  |  WEDNESDAY, 20 JUL 2016
REST industry Super has delivered positive end of financial year results despite volatile global markets, a result the fund attributed to long term investments in property and infrastructure.

Challenger finalises partnerships with three super funds

ALEX BURKE  |  TUESDAY, 19 JUL 2016
Challenger is finalising partnerships with three industry super funds to launch annuity products on each.

NAB merger creates largest retail super fund

ALEX BURKE  |  THURSDAY, 14 JUL 2016
NAB has merged five of its super funds into one, creating the largest retail fund in the country.