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Superannuation

FSC and ISA clash over super and awards

LAURA MILLAN  |  THURSDAY, 24 APR 2014
The Financial Services Council's (FSC) request to review the constitution of the Fair Work Commission (FWC) expert panel on super and awards has met with opposition from Industry Super Australia (ISA).

ISA 'deeply concerned' over banks' MySuper campaign

JAMES FERNYHOUGH  |  WEDNESDAY, 23 APR 2014
Industry Super Australia has upped its campaign to keep superannuation in awards, saying it is "deeply concerned" by the big bank-led push to take the Fair Work Commission out of the default super selection process.

Not too late for super to start on big data

LAURA MILLAN  |  WEDNESDAY, 23 APR 2014
It's not too late for superannuation funds to start using big data to understand their members' needs, the Australian Institute of Superannuation Trustees (AIST) chief executive Tom Garcia wrote in a recent blog on his LinkedIn profile.

PROFILE: Cbus chief executive David Atkin

JAMES FERNYHOUGH  |  WEDNESDAY, 23 APR 2014
After six years at the helm of one of Australia's most iconic industry funds, Cbus chief executive David Atkin talks about past, present and future challenges in the ever changing, ever political world of superannuation.

Think tank calls to end super tax concessions

MARK SMITH  |  TUESDAY, 22 APR 2014
Australia's superannuation tax concession is too generous towards the wealthy and should be scrapped before it becomes an expensive drag on the country's finances, according to new research from the Australia Institute.

Super fund custody 'fee holidays' revealed

JAMES FERNYHOUGH  |  TUESDAY, 22 APR 2014
Custodians have been offering their services to superannuation funds for free in a move to undercut the competition.

Baird premiership represents infra opportunity: ISA

JAMES FERNYHOUGH  |  TUESDAY, 22 APR 2014
Industry Super Australia (ISA) has welcomed Mike Baird's rise to the role of New South Wales premier, saying it represents a "major opportunity" to progress infrastructure projects in the state.

AustralianSuper markets ME Bank products to members

LAURA MILLAN  |  TUESDAY, 22 APR 2014
ME Bank largest shareholder AustralianSuper is marketing a bank product through promotional emails to its members.

Would Baird premiership mean 'poles and wires' sale?

JAMES FERNYHOUGH  |  THURSDAY, 17 APR 2014
If Mike Baird becomes the new Premier of New South Wales, the privatisation of the state's electricity distribution infrastructure - the 'poles and wires' - may be back on the agenda.

World Bank issues Kangaroo Green Bond

JAMES FERNYHOUGH  |  THURSDAY, 17 APR 2014
The World Bank has made its innovative Green Bond available for the first time in Australia, with the issue of $300 million worth of five year fixed rate bonds.