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Superannuation

Australians missing $18 billion in lost super

JAMES FERNYHOUGH  |  THURSDAY, 13 JUN 2013
Australians' are losing out on $18.1 billion worth of super, according to Westpac's Lost Super Report which was released this morning.

SEC charges US adviser with pension fund theft

ALEX DUNNIN  |  THURSDAY, 13 JUN 2013
The US regulator the Securities and Exchange Commission has charged the leader of a Detroit-based investment adviser for stealing nearly $3.1 million from a public sector pension fund.

StatewideSuper withdrawn from SelectingSuper assessment

STAFF WRITER  |  THURSDAY, 13 JUN 2013
SelectingSuper has withdrawn its quality assessment for StatewideSuper. The fund was previously assessed as AAA.

NZ Super takes stand on nuclear weapons

MARK SMITH  |  TUESDAY, 11 JUN 2013
The New Zealand Superannuation Fund (New Zealand Super) has sold its holdings in a group of nuclear base operators because they have become involved with upgrading or modifying nuclear explosive devices.

Kinetic Super targets transient members with new brand

JAMES FERNYHOUGH  |  FRIDAY, 7 JUN 2013
At Kinetic Super's official launch last night, the focus was on improved communication with a transient membership.

APRA finalises Stronger Super reporting standards

ALEX DUNNIN  |  FRIDAY, 7 JUN 2013
The Australian Prudential Regulation Authority (APRA) has updated its Stronger Super data requirements from funds following reaction from trustees.

Shell Super to outsource to Plum

JAMES FERNYHOUGH  |  THURSDAY, 6 JUN 2013
Shell Australia Superannuation Fund (Shell) is set outsource its superannuation to Plum Financial Services Ltd (Plum), once it gets trustee sign off.

SBBs to be part of NGS Super's new ethical option

JAMES FERNYHOUGH  |  THURSDAY, 6 JUN 2013
Industry fund NGS Super is currently designing an ethical option that will include environmentally sound investments with other ethical investments such as social benefit bonds (SSBs).

Only half Britons saving enough for retirement

ALEX DUNNIN  |  THURSDAY, 6 JUN 2013
Less than half of people in Britain who could afford to save for their retirement are doing so, according to research from the world's first and oldest insurer, Scottish Widows.

Auscoal, AMIST and CGS get MySuper authorisations

ALEX DUNNIN  |  THURSDAY, 6 JUN 2013
Three more MySuper product authorisations have been announced this week by the Australian Prudential Regulation Authority (APRA) taking the total number to 38, but it's still way down on expectations.