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Superannuation

Retail funds close member satisfaction gap

JAMES FERNYHOUGH  |  FRIDAY, 31 JAN 2014
Industry super fund members are more satisfied with the financial performance of their funds than members of retail funds, but the gap is closing, according to a new survey released by Roy Morgan.

Niche funds have their advantages: legalsuper CEO

JAMES FERNYHOUGH  |  THURSDAY, 30 JAN 2014
Industry super fund legalsuper's recently-negotiated three-year freeze on insurance premiums was only possible because of the fund's niche status, according to legalsuper chief executive Andrew Proebstl.

Prime Super and HIP to merge

JAMES FERNYHOUGH  |  THURSDAY, 30 JAN 2014
Industry superannuation funds Prime Super and Health Industry Plan (HIP) will merge later this year to create a fund with almost $2.4 billion in funds under management and 150,000 members.

NGS Super launches direct investment platform

MARK SMITH  |  THURSDAY, 30 JAN 2014
NGS Super has partnered with Mercer to offer members access to a new direct investment platform.

Asset owners must embrace change

MARK SMITH  |  THURSDAY, 30 JAN 2014
Super funds, sovereign wealth funds and other institutional investors must take an adaptable approach to governance if they are to keep up with the pace of change in the investment industry, according to Towers Watson global head of Investment Content ...

SMSFs retarding growth in Australia: Credit Suisse

LAURA MILLAN  |  WEDNESDAY, 29 JAN 2014
Self-managed super funds (SMSFs) "are retarding growth in Australia" by controlling much of the equity that could be used for new investment and demanding dividend increases instead.

Government must recycle brownfield infra: FSC

JAMES FERNYHOUGH  |  TUESDAY, 28 JAN 2014
The Financial Services Council (FSC) has urged federal and state governments to adopt the capital recycling model for infrastructure development to attract superannuation investment.

Lifecycle the future of pensions globally: Mercer

JAMES FERNYHOUGH  |  FRIDAY, 24 JAN 2014
Lifecycle strategies are the future of both retail and industry superannuation, despite the latter so far favouring the static strategic asset allocation (SAA) for their MySuper options, according to Mercer senior partner Graeme Mather.

ATO figures nail in coffin for SMSF critics: SPAA

JAMES FERNYHOUGH  |  FRIDAY, 24 JAN 2014
Pension withdrawal trends demonstrate that self-managed super fund (SMSF) trustees are using their funds responsibly, according to the SMSF Professionals' Association of Australia (SPAA).

Retail funds favour lifecycle MySuper options

JAMES FERNYHOUGH  |  THURSDAY, 23 JAN 2014
More than half of all retail funds offering MySuper products have adopted a lifecycle approach, while all but four industry funds have opted for static strategic asset allocation (SAA), according to research by Mercer.