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Superannuation

Super returns bonanza fizzles out

JAMES FERNYHOUGH  |  FRIDAY, 23 MAY 2014
Super funds have seen the lowest rates of return for almost two years, according to figures released by the Australian Prudential Regulation Authority (APRA).

MySuper dashboards, ASIC warns trustees

ALICE URIBE  |  THURSDAY, 22 MAY 2014
Following a regulatory review of MySuper product dashboards, the Australian Securities and Investments Commission (ASIC) has issued extra guidance to superannuation trustees about how they need to be handled.

Beware engaged baby boomers, super funds told

JAMES FERNYHOUGH  |  WEDNESDAY, 21 MAY 2014
Increased member engagement could lead to a spike in complaints, according to the Superannuation Complaints Tribunal (SCT) chairperson Jocelyn Furlan.

Super advocates urge caution on age access

AAP  |  TUESDAY, 20 MAY 2014
Superannuation advocates have urged the federal government not to rush any changes to the age at which people can access their retirement savings.

Treasurer signals major superannuation shake up

ALEX DUNNIN  |  TUESDAY, 20 MAY 2014
Treasurer Joe Hockey has given the strongest signal yet that the government will be introducing sweeping reforms to bring superannuation into sync with age pension reforms that were announced in last week's budget.

AMP reduces North Guarantee fees

JAMES FERNYHOUGH  |  TUESDAY, 20 MAY 2014
AMP has reduced the cost of the North Guarantee, allowing investors to shore up investment gains at a lower price.

AMG Universal Super rebrands

JAMES FERNYHOUGH  |  TUESDAY, 20 MAY 2014
Superannuation investment platform AMG Universal Super has announced it will rebrand, becoming simply 'AMG Super'.

Don't be afraid of sales, industry funds told

JAMES FERNYHOUGH  |  MONDAY, 19 MAY 2014
Industry superannuation funds must embrace a sales culture if they are to compete with retail funds in an increasingly open market, according to Metta Group director and AustralianSuper consultant Clive Wilkinson.

Towers Watson wins Kinetic Super contract

JAMES FERNYHOUGH  |  FRIDAY, 16 MAY 2014
Kinetic Super has reappointed Towers Watson as its asset consultant for another three years following an "extensive review process".

Low income retirees to feel budget pain

JAMES FERNYHOUGH  |  THURSDAY, 15 MAY 2014
Pensioners on low incomes will be significantly worse off under the changes announced in Tuesday's budget, according to Pauline Vamos, chief executive of the Association of Superannuation Funds of Australia (ASFA).