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Superannuation

ASFA supports ASIC electronic disclosure consultation

ALEX BURKE  |  THURSDAY, 22 JAN 2015
The Association of Super Funds Australia (ASFA) has expressed its support for the ideas discussed in ASIC Consultation Paper 224 - Facilitating electronic financial services disclosures.

REI Super extends Ibbotson consultancy mandate

MARK SMITH  |  TUESDAY, 20 JAN 2015
Ibbotson Associates Australia has been reappointed as implemented investment consultant by REI Super for a further three years.

Super modern awards anti-competitive: FSC

ALEX BURKE  |  TUESDAY, 20 JAN 2015
Research by the Financial Services Council (FSC) suggests that modern awards are reducing competition in the superannuation industry.

APRA relaxes 'select' option data rules

ALEX DUNNIN  |  MONDAY, 19 JAN 2015
The Australian Prudential Regulation Authority (APRA) has reacted to industry pressure and watered down the data reporting requirements for super funds regarding 'select' investment options.

Super fund mergers could risk member attrition

LAURA MILLAN  |  FRIDAY, 16 JAN 2015
Most super fund members would not like their fund to go through any merger activity, according to the CoreData 2014 Member Growth Report.

Super trustees must be vigilant about managers: Deloitte

ALEX BURKE  |  THURSDAY, 15 JAN 2015
Superannuation trustees need to actively prioritise implemented asset consultants that add value, according to new research by Deloitte Actuaries & Consultants.

ING DIRECT balanced option gets 'recommended' rating

MARK SMITH  |  THURSDAY, 15 JAN 2015
The ING DIRECT Living Super Balanced Option has been given a 'Recommended' rating by Lonsec in its first review.

Compare the pair ads fail to excite members

LAURA MILLAN  |  THURSDAY, 15 JAN 2015
Television advertisement for superannuation funds is failing to engage with members, who mainly prefer email communication or newspaper advertisement.

ASFA outlines spending needs of nonagenarians

MARK SMITH  |  WEDNESDAY, 14 JAN 2015
The Association of Superannuation Funds of Australia (ASFA) has developed a new retirement standard, the ASFA Retirement Standard for Older Retirees, which outlines the expenditure required for Australians aged 90-95 to maintain a comfortable or modest ...

MySuper put spotlight on member outcomes: CIFR

MARK SMITH  |  MONDAY, 12 JAN 2015
MySuper has put greater emphasis on the retirement outcomes, focused product providers on the needs of disengaged members and promoted widespread innovation, according to new report by the Centre for International Finance and Regulation (CIFR).