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Superannuation

Citi develops white label banking for industry funds

JAMES FERNYHOUGH  |  FRIDAY, 4 JUL 2014
Citi is offering to white label its retail banking services for industry super funds as a way of stemming the outflow to retail funds and self-managed super funds (SMSFs), Financial Standard can reveal.

TWU defends mandatory TWU Super contributions

JAMES FERNYHOUGH  |  THURSDAY, 3 JUL 2014
The Transport Workers Union (TWU) has defended the TWU's practice of forcing employers to contribute employee superannuation only to TWU Super in collective bargaining agreements.

Sunsuper prepares for end of super in awards

JAMES FERNYHOUGH  |  THURSDAY, 3 JUL 2014
Industry super funds should ready themselves for the removal of superannuation from the modern awards system, according to Sunsuper chief executive Scott Hartley.

ASFA calls for lifetime contribution caps

MARK SMITH  |  THURSDAY, 3 JUL 2014
The Association of Superannuation Funds of Australia (ASFA) has called for lifetime cap to non-concessional superannuation contributions for those with balances over $2.5 million.

Retail fund members most unsatisfied: Roy Morgan

JAMES FERNYHOUGH  |  WEDNESDAY, 2 JUL 2014
Retail funds continue to underperform industry funds when it comes to member satisfaction, but the gap is closing, according to the latest Roy Morgan research.

Retail fund members most unsatisfied: Roy Morgan

JAMES FERNYHOUGH  |  WEDNESDAY, 2 JUL 2014
Retail funds continue to underperform industry funds when it comes to member satisfaction, but the gap is closing, according to the latest Roy Morgan research.

Christian super funds merge

JAMES FERNYHOUGH  |  WEDNESDAY, 2 JUL 2014
Two Christian superannuation funds, Christian Super and Australian Christian Super, have are set to merge, which will see members gain fee and insurance benefits.

SAS Trustee renews Pillar admin contract

STAFF WRITER  |  WEDNESDAY, 2 JUL 2014
SAS Trustee Corporation (STC) has awarded Pillar another five year contract to provide administration services, including support for their complex defined benefits schemes.

Australian Super backtracked on airport valuation: Future Fund

MARK SMITH  |  WEDNESDAY, 2 JUL 2014
The Future Fund has accused AustralianSuper of backtracking on its own valuation of the Perth Airport, a dispute which is at the heart of the legal case one of the country's biggest superannuation funds is waging against Australia's sovereign wealth ...

Superpartners suspends platform development

JAMES FERNYHOUGH  |  TUESDAY, 1 JUL 2014
Superpartners has suspended development of a major IT project four years after it was due to be completed.