Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Superannuation

FSC will take FWC to Federal Court

JAMES FERNYHOUGH  |  TUESDAY, 29 APR 2014
The Financial Services Council (FSC) will take legal action against the Fair Work Commission (FWC) after it rejected the FSC's request for a hearing on the validity of the expert panel.

No cut to age pension in this term: Abbott

JAMES FERNYHOUGH  |  TUESDAY, 29 APR 2014
Prime Minister Tony Abbott has said there will be no change to the age pension in this term of parliament, putting an end to speculation that the pension would be cut back in next month's budget.

Industry responds to super fees study

JAMES FERNYHOUGH  |  TUESDAY, 29 APR 2014
Superannuation industry bodies have responded to the Grattan Institute's report on super fees, arguing that fundamental change is not necessary.

Legal action on cards as FWC denies FSC requests

JAMES FERNYHOUGH  |  TUESDAY, 29 APR 2014
The Fair Work Commission (FWC) has rejected the Financial Services Council's (FSC) call for a hearing on the validity of the expert panel as well as its request for a one week extension on MySuper applications.

Future Fund and super returns on par

ALEX DUNNIN  |  TUESDAY, 29 APR 2014
The Future Fund has achieved rolling 3 year returns of about 9.5% pa, putting the de facto sovereign wealth fund on par with workplace super funds when the Future Fund's tax-free and member-free status is taken into account.

Kinetic Super to reduce admin fees

JAMES FERNYHOUGH  |  TUESDAY, 29 APR 2014
Kinetic Super will reduce the fixed portion of its member administration fee by as much as 10.5%, the fund has announced.

Bring in Chilean-style super tender process: Grattan Institute

JAMES FERNYHOUGH  |  MONDAY, 28 APR 2014
The government should get involved in picking default superannuation funds in order to increase competition and bring down fees, a Grattan Institute report has argued.

Over 50s want to work longer, survey finds

JAMES FERNYHOUGH  |  MONDAY, 28 APR 2014
Employer attitudes towards older people in the workforce are improving as employees show a willingness to work longer, according to a study commissioned by the Financial Services Council (FSC).

AustralianSuper consortium picks up QLD motorways for $7bn

ALICE URIBE  |  THURSDAY, 24 APR 2014
AustralianSuper, as part of a consortium led by toll road owner Transurban, is set to pay $7 billion to buy a string of Brisbane motorways from the Queensland government.

Larry Fink pays tribute to Australian super system

MARK SMITH  |  THURSDAY, 24 APR 2014
BlackRock chairman and chief executive Larry Fink has endorsed Australia's superannuation system in a recent letter to shareholders.