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Superannuation

Give MySuper time to work, says AIST

JAMES FERNYHOUGH  |  WEDNESDAY, 27 AUG 2014
MySuper and SuperStream must be given time to work before the government considers any further changes to the system, the Australian Institute of Superannuation Trustees (AIST) has said.

PROFILE: ME Bank CEO Jamie McPhee

JAMES FERNYHOUGH  |  WEDNESDAY, 27 AUG 2014
Retail super funds have one major advantage over industry super funds: they are also banks. But as ME Bank CEO Jamie McPhee explains, a handful of the country's largest industry funds are starting to wake up and realise they, too, have their own bank.

ASFA asks FSI for clear targets to measure super success

MARK SMITH  |  WEDNESDAY, 27 AUG 2014
The Association of Superannuation Funds of Australia (ASFA) has called on the Murray Inquiry to set clear objectives against which the success of superannuation's role in reducing the Age Pension burden on public coffers can be measured.

NAB launches super clearing house

STAFF WRITER  |  TUESDAY, 26 AUG 2014
National Australia Bank has launched a new superannuation clearing house to enable employers to make superannuation contributions to multiple employee funds and self-managed funds.

Mercer reveals confronting life expectancy research

MARK SMITH  |  TUESDAY, 19 AUG 2014
New mortality rate research showing white collar workers can expect to live well beyond the average life expectancy highlights the challenge of achieving a comfortable retirement.

Law firm rubbishes Grattan fee report

MARK SMITH  |  MONDAY, 18 AUG 2014
Global law firm Herbert Smith Freehills has urged the Financial System Inquiry (FSI) to throw out a controversial report that claims the superannuation system is too expensive.

Brumbie: Super idea, super silly reaction

ALEX DUNNIN  |  MONDAY, 18 AUG 2014
Here we go again; a parliamentarian proposes a policy response to housing affordability involving superannuation and trade-side interest groups circle the wagons, warning of capital market calamity.

Legalsuper on hunt for CIO

ALICE URIBE  |  FRIDAY, 15 AUG 2014
Industry fund legalsuper continues in its quest to expand its investment capabilities and is now on the hunt for a chief investment officer.

More super changes inevitable: EY report

MARK SMITH  |  THURSDAY, 14 AUG 2014
Further changes to superannuation regulations are inevitable and more work is needed to improve confidence in the system, according to EY's Australia-based global pension leader Graeme McKenzie.

New report stokes 'Compare the Pair' flames

MARK SMITH  |  WEDNESDAY, 13 AUG 2014
A new superannuation report by the McKell Institute has fanned the flames of the on-going performance debate between industry and retail funds by highlighting the returns gap between the two segments over the last 25 years.