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Superannuation

Super isn't working for us, say baby boomers

JAMES FERNYHOUGH  |  MONDAY, 2 JUN 2014
Just 20% of working Australians over 50 believe superannuation is a "good system" that is "working for them," a report commissioned by REST Industry Super has found.

Super returns dampen but still double digit

STAFF WRITER  |  MONDAY, 2 JUN 2014
The SelectingSuper Workplace rolling 12 month default option index dampened further during April to return 11.1%, down from 12.6% at end March, 12.8% at end February which was up marginally from 12.5% at end January.

MySuper is bringing fees down: Rice Warner

JAMES FERNYHOUGH  |  THURSDAY, 29 MAY 2014
MySuper is doing its job in bringing down superannuation fees despite recent reports to the contrary, according to Rice Warner head of superannuation market insights Nathan Bonarius.

Jeremy Cooper: Rethinking retirement

JAMES FERNYHOUGH  |  THURSDAY, 29 MAY 2014
Challenger's Jeremy Cooper talks to FS Super associate editor James Fernyhough about retirement income, challenging some widely-held beliefs about the drawdown phase of superannuation.

Bring on compulsory annuities, says Deloitte partner

JAMES FERNYHOUGH  |  WEDNESDAY, 28 MAY 2014
The government should introduce compulsory deferred lifetime annuities as a way of insuring against longevity risk, Deloitte's lead superannuation advisory partner Russell Mason has said.

No clear case for independent trustee quota: Towers Watson

JAMES FERNYHOUGH  |  WEDNESDAY, 28 MAY 2014
The case for the compulsory appointment of independent trustees to the boards of superannuation funds has not yet been made, according a new paper by Towers Watson.

Government delays SuperStream deadline

JAMES FERNYHOUGH  |  TUESDAY, 27 MAY 2014
The government has pushed back the deadline at which super funds must comply with SuperStream to 1 July 2015.

Raise preservation age with some exceptions: FSC

JAMES FERNYHOUGH  |  MONDAY, 26 MAY 2014
The Financial Services Council (FSC) is pushing for an increase in the preservation age to 65, but with early access measures for those who are unable to work to that age.

FSC apologises to AusSuper for misinformed tweet

JAMES FERNYHOUGH  |  MONDAY, 26 MAY 2014
The Financial Services Council (FSC) has issued an apology on Twitter after it wrongly stated that AustralianSuper collects $19 million a year for intra-fund advice.

Equip slashes insurance premiums

MARK SMITH  |  MONDAY, 26 MAY 2014
Equip has announced cuts to premiums for its death and total and permanent disablement (TPD) cover and its salary continuance cover.