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Superannuation

LUCRF defends political campaign allegations

MARK SMITH, DARREN SNYDER  |  WEDNESDAY, 2 SEP 2015
Labour Union Co-operative Retirement Fund (LUCRF) has responded to allegations that it paid thousands of dollars to a National Union of Workers fund, IR21, to finance political campaigns.

Lower super fees impact Australian Ethical

DARREN SNYDER  |  TUESDAY, 1 SEP 2015
A progressive reduction in superannuation fees over the medium term is having a significant impact on revenues at Australian Ethical Investments.

APRA trustee reforms, definition of independence yet to be finalised

ALEX DUNNIN  |  TUESDAY, 1 SEP 2015
APRA has released a discussion paper detailing the government's proposals for more independent trustees on super fund boards while conceding the definition of independence is yet to be finalised.

Give first home buyers access to super: CEDA

LAURA MILLAN  |  TUESDAY, 1 SEP 2015
First home buyers should have access to their superannuation funds to purchase owner-occupied housing perhaps in return for the familiy home being counted in the pension assets test, the Committee for Economic Development of Australia (CEDA) has said.

Future Super launches fossil free index

DARREN SNYDER  |  TUESDAY, 1 SEP 2015
Investors interested in Australian Securities Exchange (ASX) listed companies considered to be fossil fuel free and sustainably sound have been given a helping hand.

Industry funds attack banks on super

DARREN SNYDER  |  MONDAY, 31 AUG 2015
Industry Super Australia has launched a series of advertisements putting their case ahead of proposals likely to change the way employer and employee default superannuation funds are selected.

British Airways to clash in court with pension trustee

MARK SMITH  |  MONDAY, 31 AUG 2015
British Airways is taking one of its pension fund's trustees to court over increases in payments to the airline's retired workers.

PROFILE: AvSuper chief executive Michelle Wade

DARREN SNYDER  |  MONDAY, 31 AUG 2015
The head of a large Australian superannuation fund once complained that a young employee at AAS didn't know anything about the super industry. Little did they know almost a decade later that same employee would be chief executive at AvSuper.

Reform summit must keep momentum: ASFA

DARREN SNYDER  |  MONDAY, 31 AUG 2015
The Association of Superannuation Funds of Australia (ASFA) said it supported open discussion at the National Reform Summit and believes the focus should remain on directing resources where the super system needs improvement.

Member activism could hurt super returns

LAURA MILLAN  |  MONDAY, 31 AUG 2015
Activism from fund members and social media users concerned about environmental, social and governance (ESG) issues could end up hurting superannuation returns.