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Superannuation

New ASFA course focuses on post-retirement

STAFF WRITER  |  MONDAY, 16 MAR 2015
The Association of Superannuation Funds of Australia (ASFA) has launched a new course designed to raise the level of knowledge of advisers and product issuers when it comes to post-retirement.

Meat industry super hands mandate to AB

ALEX BURKE  |  MONDAY, 16 MAR 2015
The Meat Industry Employees' Superannuation Fund has selected AllianceBernstein's Managed Volatility Equities Fund to reduce member portfolio volatility.

SMSF growth driven by investor satisfaction

ALEX BURKE  |  FRIDAY, 13 MAR 2015
The relative level of satisfaction with self-managed super fund (SMSF) performance is a likely driver for SMSFs' continued growth and significant market share, according to Roy Morgan Research.

Government "tinkering" tops super industry worries

LAURA MILLAN  |  FRIDAY, 13 MAR 2015
Superannuation industry stakeholders are most concerned about "increasing government tinkering and regulation," a survey by the Australian Institute of Superannuation Trustees (AIST) and BNP Paribas revealed.

Turnbull on super and housing debate: "a thoroughly bad idea"

LAURA MILLAN  |  THURSDAY, 12 MAR 2015
Communications Minister and Liberal MP Malcolm Turnbull slammed Treasurer Joe Hockey's suggestion that young Australians could be given early access to their superannuation to help them buy their first house.

Telstra Super lawyer wins WiS scholarship

STAFF WRITER  |  THURSDAY, 12 MAR 2015
Telstra Super senior legal counsel Sharyn Cowley has been awarded one of four inaugural Mavis Robertson Scholarship Programs, offered by advocacy group Women in Super.

BNP becomes First Super custodian

ALEX BURKE  |  WEDNESDAY, 11 MAR 2015
Industry fund First Super has appointed BNP Paribas Securities Services as custodian, replacing NAB Asset Servicing.

Super governance at centre stage

ANDREW BRAGG, FSC DIRECTOR OF POLICY AND GLOBAL MARKETS  |  WEDNESDAY, 11 MAR 2015
2015 has already been a bumper year in financial services policy with super front and centre. Reforms to improve superannuation governance, competition and transparency appear to be the first cab off the rank.

Super funds blend ETFs into investment strategies

LAURA MILLAN  |  TUESDAY, 10 MAR 2015
Superannuation funds have started to use exchange traded funds (ETFs) for cash equitisation or to enter new markets.

Super funds turning to passive to tackle high fees

MARK SMITH  |  MONDAY, 9 MAR 2015
Passive investment strategies are now being used by almost half of retail super funds, according to research by ING Direct which highlights that funds with high fees could end up costing investors more than $150,000 compared to cheaper funds.