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Superannuation

GFC derails wealth fee growth by $30bn

LAURA MILLAN  |  MONDAY, 25 MAR 2013
The global financial crisis cost the Australian funds management industry an estimated $30 billion in potential revenues, according to new research from Rainmaker Information.

Super for all shapes and sizes: QSuper

LAURA MILLAN  |  MONDAY, 25 MAR 2013
QSuper is using individual member data to further segment its default accumulation members based on age groups to provide them with a more personalised super offering.

NGS launches 2013 scholarship program

ALEX DUNNIN  |  MONDAY, 25 MAR 2013
The NGS industry fund for non-government schools has invited members to apply for a $5000 professional development scholarship.

Flight to SMSFs reshape super mindset

LAURA MILLAN  |  FRIDAY, 22 MAR 2013
The exodus of individuals away from large superannuation funds and into self-managed super funds (SMSFs) has prompted some soul-searching among the major players.

Transition to transparency, a case study

LAURA MILLAN  |  FRIDAY, 22 MAR 2013
Cbus has become one of the first super funds in the country to disclose information about their directors and board members as well as investment holdings in its annual reports and in its website, Cbus CEO David Atkin said yesterday at the CMSF.

Corporate governance still needs to improve in Asian markets

LAURA MILLAN  |  THURSDAY, 21 MAR 2013
Corporate governance is still an issue of concern when investing in Asian markets and while international financial centres such as Singapore or Hong Kong have improved tremendously, there are still problems that need to be tackled.

SMSFs on track to reach $500bn

ALEX DUNNIN  |  THURSDAY, 21 MAR 2013
The self managed super fund segment is on track to break through $500 billion by June this year, according Deloitte Actuaries and Consultants.

Only 13 MySuper products so far authorised

ALEX DUNNIN  |  THURSDAY, 21 MAR 2013
The 1 July launch date of MySuper is just three months away and only 13 MySuper products have so far been authorised.

Age pension is retirees' main income source

LAURA MILLAN  |  THURSDAY, 21 MAR 2013
The age pension becomes the main source of income for Australians once they retire while their portfolio exposure to equities decreases as time passes.

Super needs to forget about politics

LAURA MILLAN  |  THURSDAY, 21 MAR 2013
Superannuation has to move away from the daily political noise and adopt a long term approach, AustralianSuper CEO Ian Silk said yesterday at the AIST's Conference of Major Super Funds in Brisbane.