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Superannuation

Super must not commingle with banks: ISA

JAMES FERNYHOUGH  |  MONDAY, 9 DEC 2013
The Financial Services Inquiry should focus on harnessing the power of super to fund Australia's real economy, as an alternative source of funding to the banking sector, Industry Super Australia (ISA) has said.

Consumers find super 'mind-boggling', survey shows

JAMES FERNYHOUGH  |  MONDAY, 9 DEC 2013
Consumers view superannuation as "risky", "complex", "mind-boggling" and "stressful", according to a new consumer survey commissioned by the Australian Securities and Investments Commission (ASIC).

Retail funds top super rankings survey

JAMES FERNYHOUGH  |  FRIDAY, 6 DEC 2013
Roy Morgan has released research in which it gives 20 superannuation funds a "consumer brand ranking", using the affluence of members as a central criterion for the fund's overall ranking.

Pension uncertainty for municipal workers in Detroit

HARRY PAGE  |  FRIDAY, 6 DEC 2013
Municipal workers in Detroit may face losing their pensions as the city copes with its $18 billion debt crisis.

Franking credits hindering corporate bond market: AMP

JAMES FERNYHOUGH  |  FRIDAY, 6 DEC 2013
The franking credit system is hindering the development of a vibrant corporate bond market in Australia, according to AMP Capital's head of credit markets Jeff Brunton.

MySuper authorisations hit 100

ALICE URIBE, ALEX DUNNIN  |  FRIDAY, 6 DEC 2013
Equity Trustees Superannuation is the latest fund to get its MySuper authorisations, taking to 100 the total number of MySuper authorised funds.

FSS increases insurance premiums

ALEX DUNNIN  |  FRIDAY, 6 DEC 2013
First State Super has announced a significant increase in premiums in response to rising concerns that fundamentals in the insurance sector are experiencing a major correction.

Cbus launches default retirement income stream option

JAMES FERNYHOUGH  |  THURSDAY, 5 DEC 2013
Cbus has launched a new default investment option aimed at providing an income stream for people transitioning into, or already in retirement.

Industry and retail fund mergers on the cards

JAMES FERNYHOUGH  |  WEDNESDAY, 4 DEC 2013
As the pressure on superannuation funds to merge increases, large industry funds may start looking to retail funds for merger opportunities, according to DST Global Solutions head of business development Rhys Octigan.

How green are 'green funds'?

JAMES FERNYHOUGH  |  WEDNESDAY, 4 DEC 2013
Superannuation funds offering 'green' or 'sustainable' investment options may be misleading their members, with big polluters often topping the holdings lists.