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

Superannuation

SYD restructure heats up global pension fund battle

JAMES FERNYHOUGH  |  FRIDAY, 16 AUG 2013
Sydney Airport will raise the foreign investment cap from 40% to 49%, as part of a move to simplify its ownership structure.

Medical charges put pressure on retiree living costs

ALICE URIBE  |  FRIDAY, 16 AUG 2013
Significant price rises for medical and hospital services have led to a modest increase in the cost of living for retirees according to the latest Australian Superannuation Funds of Australia (ASFA) Retirement Standard figures.

Less than 1% of AusSuper members seek advice

JAMES FERNYHOUGH  |  THURSDAY, 15 AUG 2013
Less than 1% of AustralianSuper and REST members are receiving advice, despite the introduction of measures to improve access to advice as part of the Stronger Super reforms.

Health Industry Plan gets MySuper licence

ALICE URIBE  |  THURSDAY, 15 AUG 2013
Health Industry Plan (HIP) is the latest industry superannuation fund to have its application for MySuper authorisation approved by the Australian Prudential Regulation Authority (APRA).

Super fund fortunes shift on FX exposure

JAMES FERNYHOUGH  |  WEDNESDAY, 14 AUG 2013
Unhedged foreign currency exposure may be the way to go for super funds after a fall in the Australian dollar contributed 8.8% to unhedged portfolios in the last financial year.

MTAA Super converts to listed shares in Sydney Airport

JAMES FERNYHOUGH  |  WEDNESDAY, 14 AUG 2013
Industry superannuation fund MTAA Super has converted its unlisted equity interest in Sydney Airport into a listed shareholding, as part of Sydney Airport's drive to simplify its ownership structure.

Super funds should use soft power, not quotas to fix gender equality

ALEX DUNNIN  |  WEDNESDAY, 14 AUG 2013
Imposed quotas are much less likely to advance the cause of workplace gender equality than super funds exerting their considerable soft power to influence the industry, companies in which they invest and service providers.

Bravura signs second SuperStream client

JAMES FERNYHOUGH  |  TUESDAY, 13 AUG 2013
Software provider Bravura Solutions Limited has secured a five-year contract to provide its SuperStream software to "an existing state government superannuation client".

Cut welfare, give savings to defence: UK minister

ALEX DUNNIN  |  TUESDAY, 13 AUG 2013
In a possible warning of political arguments Australia may confront in coming decades when the national budget faces mounting aged care and pension costs, a leading UK government minister has proposed cutting welfare and diverting the savings to the ...

Next wave of SMSF growth fuelled by Gen Y

MARK SMITH  |  TUESDAY, 13 AUG 2013
Statistics indicate that advisers and Australian Prudential Regulation Authority (APRA)-regulated funds that want to take advantage of the next wave of growth in the bourgeoning self-managed superannuation fund (SMSF) market must concentrate their efforts ...