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Superannuation

Mine Wealth + Wellbeing partners admin newcomer

MARK SMITH  |  THURSDAY, 17 DEC 2015
Mine Wealth + Wellbeing is changing its administration systems provider to Recreo Financial, a small fintech company with its early experience in the SMSF market.

OneVentures seeks super fund investment

DARREN SNYDER  |  THURSDAY, 17 DEC 2015
Following Malcolm Turnbull's innovation statement, OneVentures is exploring a potential opportunity to add superannuation funds as investors in its Innovation and Growth Fund II.

MYEFO writes down billions in super fund taxes

DARREN SNYDER  |  WEDNESDAY, 16 DEC 2015
The federal government has all but conceded superannuation funds will not have the greatest 2016 after significant tax write downs in the Mid-Year Economic and Fiscal Outlook (MYEFO) were released yesterday.

Modest rise in retirement living costs: ASFA

DARREN SNYDER  |  WEDNESDAY, 16 DEC 2015
Retirees will welcome a modest rise in cost of living during the September quarter but retirement savings balances are still below par in order to live a comfortable lifestyle.

Equip drops super fees

DARREN SNYDER  |  WEDNESDAY, 16 DEC 2015
Industry superannuation fund Equipsuper has presented members with an early Christmas present, announcing it will cut fees and costs for accumulation and pension members from February 2016.

Mercer LifetimePlus now on MPS platform

MARK SMITH  |  TUESDAY, 15 DEC 2015
Mercer's longevity risk solution for retirees, LifetimePlus, is now available on the Mercer Portfolio Services (MPS) retail platform.

Paying women more super not the answer

DARREN SNYDER  |  TUESDAY, 15 DEC 2015
Senator Jenny McAllister believes many people don't feel comfortable with the idea of paying women more superannuation as a government response to fix the gender retirement savings gap.

Aussies don't want gift of super this Christmas

DARREN SNYDER  |  TUESDAY, 15 DEC 2015
Over the Christmas break about 30% of Australians would rather pay off debt than top up their superannuation balances according to the latest MLC Wealth Sentiment Survey.

ISA launches super tax plan

DARREN SNYDER  |  MONDAY, 14 DEC 2015
Industry Super Australia (ISA) believes it has a tax package that would boost aggregate superannuation savings by $625 billion to 2055.

MySuper assets rise strongly

MARK SMITH  |  MONDAY, 14 DEC 2015
MySuper assets rose almost 18% to $428 billion in the 12 months to June 2015, according to data from APRA.