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Superannuation

Aussie super, a tempting catch for organised crime

LAURA MILLAN  |  WEDNESDAY, 31 JUL 2013
Well-resourced and sophisticated international organised fraud networks are increasingly targeting the large pool of compulsory superannuation savings in Australia.

Labor promises five-year freeze on super tax

JAMES FERNYHOUGH  |  WEDNESDAY, 31 JUL 2013
Labor will make 'no major changes' to superannuation tax policy for the next five years should they be re-elected, Treasurer Chris Bowen has announced.

UniSuper new CEO ready to deliver growth

LAURA MILLAN  |  TUESDAY, 30 JUL 2013
UniSuper new chief executive Kevin O'Sullivan is expecting the superannuation fund to grow as a consequence of industry consolidation and the increase of members' super benefits.

Super funds urged to rethink 70/30 structure

JAMES FERNYHOUGH  |  TUESDAY, 30 JUL 2013
The standard 70/30 balanced superannuation fund is failing to deliver satisfactory investment outcomes to members in retirement, according to State Street Global Advisors (SSgA).

Govt to index military age pensions

STAFF WRITER  |  TUESDAY, 30 JUL 2013
The government has announced it will 'triple index' age pensions for retired non-veteran military personnel.

Breaking Australia's love affair with the lump sum

JAMES FERNYHOUGH  |  MONDAY, 29 JUL 2013
As the population ages, Australians will have to move away from lump sum super payments and towards income streams, a trend that will demand bold policy changes

Retirees unlikely to recover GFC losses: Cooper

JAMES FERNYHOUGH  |  MONDAY, 29 JUL 2013
Strong growth in superannuation in recent years does not help retirees whose accounts took a beating in the global financial crisis, according to Challenger chairman of retirement income Jeremy Cooper.

Industry funds 'treat us like dirt': COSBOA

JAMES FERNYHOUGH  |  MONDAY, 29 JUL 2013
The Council of Small Business Australia (COSBOA) has welcomed the Government's decision to grant small businesses access to the Superannuation Complaints Tribunal (SCT).

AIST calls for accuracy on product dashboard

JAMES FERNYHOUGH  |  FRIDAY, 26 JUL 2013
The Australian Institute of Superannuation Trustees (AIST) is calling for higher standards of accuracy on investment return estimates for the MySuper online product dashboard.

Women without kids still at super disadvantage

JAMES FERNYHOUGH  |  THURSDAY, 25 JUL 2013
Women amass substantially less super than men, regardless of whether or not they have children, according to a new research paper by the Australian Institute.