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Superannuation

Market slide widens super performance gap

ALEX BURKE  |  MONDAY, 14 MAR 2016
Recent lower listed market returns are highlighting the performance gap between retail and not-for-profit superannuation funds, according to Rainmaker research.

Australia and UK to shape retirement landscape

DARREN SNYDER  |  MONDAY, 14 MAR 2016
A global pension expert believes both Australia and the UK will play a major role in driving future ingenuity and innovation for retirement markets across the world.

Parametric scores international equities mandate

DARREN SNYDER  |  MONDAY, 14 MAR 2016
A $7 billion industry superannuation fund has appointed US investment manager Parametric to manage a portion of its international equities portfolio.

Employer fiduciary responsibility could halve super fees

MARK SMITH  |  FRIDAY, 11 MAR 2016
Vanguard chairman and chief executive Bill McNabb believes the Australian superannuation system can learn a lot from the US and encourage employers to take a more active role in driving down fees paid by members.

Super tax concessions no gift

DARREN SNYDER  |  FRIDAY, 11 MAR 2016
Industry superannuation fund Vision Super has hit out at Assistant Treasurer Kelly O'Dwyer's assertion that super taxation concessions are a "gift", saying their implementation has been more about budget fixes.

OneVentures says VC needs scale in Australia

DARREN SNYDER  |  FRIDAY, 11 MAR 2016
If Australian superannuation funds invested 1% of their $2 trillion asset pool in venture capital the country would have the world's highest rate of venture investing per person.

CalPERS and Moody's settle for $130 million

DARREN SNYDER  |  FRIDAY, 11 MAR 2016
The California Public Employees' Retirement System (CalPERS) has settled with Moody's for a record US$130 million for its erroneous ratings of structured investment vehicles prior to the Global Financial Crisis.

Up to 2.4m super members affected by CommInsure scandal

MARK SMITH  |  THURSDAY, 10 MAR 2016
Up to 2.4 million superannuation members could be impacted by the allegations which have rocked insurance company CommInsure, according to Rainmaker Information estimates.

Energy Super ramps aged care advice

DARREN SNYDER  |  THURSDAY, 10 MAR 2016
The apparent and growing link between superannuation, retirement and aged care has led an industry fund to strengthen its financial advice arm for members' immediate benefit.

Industry reacts to super objective

ALEX BURKE  |  THURSDAY, 10 MAR 2016
Industry commentators have come out broadly in support of the discussion paper outlining the formal objective of Australia's superannuation system released yesterday.