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Superannuation

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).

AIST and Mercer launch new super tracker

STAFF WRITER  |  FRIDAY, 9 JAN 2015
The Australian Institute of Superannuation Trustees (AIST) has teamed up with Mercer to develop a "super tracker" designed to evaluate the Australian superannuation system and measure policy changes.

NZ Super and Infratil buy RetireAustralia

MARK SMITH  |  MONDAY, 5 JAN 2015
New Zealand Super has joined forces with Infratil to buy major Australian aged care facility operator RetireAustralia.

We'll underwrite when it suits us: Delaney

JAMES FERNYHOUGH  |  FRIDAY, 12 DEC 2014
AustralianSuper may act like an investment bank in underwriting future transactions, but only when it gives the fund a better deal on long-term investments, the fund's chief investment officer Mark Delaney has said.

Royal commission must look at 'full picture': TWUSUPER CEO

JAMES FERNYHOUGH  |  THURSDAY, 11 DEC 2014
Incoming TWUSUPER chief executive Paul Sayer has questioned the motivation of the Royal Commission into Union Governance and Corruption, urging the commissioner to take a balanced view in his initial findings, which are due out on Monday.

Solve super tax inequity, says Murray

JAMES FERNYHOUGH  |  THURSDAY, 11 DEC 2014
The upcoming tax white paper must redesign the taxation of superannuation so that it no longer disproportionately favours wealthy people, according to the Financial System Inquiry final report.

Vertical integration not important anymore: Murray

LAURA MILLAN  |  TUESDAY, 9 DEC 2014
Vertical integration may prove to be a non-issue if both financial product manufacturers and distributors work with the consumers' best interest in mind, Financial System Inquiry (FSI) chairman David Murray said.