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

Superannuation

Investment managers pocket $6.2 billion in super fees

BEN COLLINS  |  WEDNESDAY, 24 OCT 2012
Australians pay an estimated $20.1 billion in fee revenue annually, with almost a third going to the funds management industry, according to research commissioned by Industry Super Network.

Super returns nudge GFC barrier

ALEX DUNNIN  |  TUESDAY, 23 OCT 2012
After almost five years, super funds are finally in line with their pre-GFC peaks of October 2007, a preliminary report from SelectingSuper's latest super funds performance survey reveals.

AvSuper chairman to step down

MARK SMITH  |  TUESDAY, 23 OCT 2012
AvSuper chairman Tom Grant will step down as of 1 January 2013, according to the industry fund.

Govt to pay interest on lost Super funds

MARK SMITH  |  TUESDAY, 23 OCT 2012
The government has taken steps to ease the corrosive impact of fees and inflation on funds left in forgotten super accounts with new measures announced in its mid-year Budget update.

CPSA brands super centre wasteful

MARK SMITH  |  TUESDAY, 23 OCT 2012
Government plans to deploy the interest from a $10 million fund earmarked for a Superannuation Consumer Centre won't get close to adequately protecting the interests of consumers, according to the Combined Pensioners & Superannuants Association (CPSA).

Next-gen platforms cater for wealth management renaissance

ALEX DUNNIN  |  MONDAY, 22 OCT 2012
Rapidly evolving technology and how investors interact with it, accompanied by changing client expectations and regulatory reform is pushing platform developers to fundamentally review their offerings.

Core Data: Super members crave quality dialogue

LINDA HAUSKEN  |  FRIDAY, 19 OCT 2012
Over half of superannuation industry's members are currently disengaged, with many claiming that better quality communication from their fund would help foster a closer relationship, according to new Core Data research.

Self managed super a furfie

ALEX DUNNIN  |  FRIDAY, 19 OCT 2012
While the rush to SMSFs is 'pennies from heaven' for administration solution providers, the bigger opportunity is building platforms to help members make better investment decisions and monitor their performance.

AFA: Productivity Commission caves in to Shorten's pressure

LINDA HAUSKEN  |  FRIDAY, 19 OCT 2012
The Productivity Commission has succumbed to Shorten's pressure and let all Australian workers down, according to the Association of Financial Advisers (AFA).

NZ Super fund breaks $20bn

MARK SMITH  |  THURSDAY, 18 OCT 2012
The New Zealand Superannuation fund breached the $20 billion mark setting an end-of-month record for September.