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Superannuation

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.

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.