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Superannuation

Female SMSF trustees narrow gender gap

CLAIRE MCGREAL  |  MONDAY, 23 JAN 2012
Nearly half of all SMSF members are women, which is helping to reduce the gender gap in retirement savings according to Australia's peak SMSF body.

ASFA warns on unseen MySuper outcomes

ELISE BURGESS  |  THURSDAY, 19 JAN 2012
ASFA is wary of potential unseen outcomes from the MySuper legislation Bill, including clashing between regulators and the rise of short-termism, as it predicts pressures on super trustees may trump the long-term interests of members.

MySuper regulations fundamentally flawed

MELANIE TIMBRELL  |  TUESDAY, 17 JAN 2012
Industry concerns have arisen over pricing structures and fee levels under the proposed My Super legislation, with calls for the government to allow differential pricing.

Stronger Super draft needs clarity

ELISE BURGESS  |  TUESDAY, 17 JAN 2012
The second tranche of Stronger Super is in need of more clarity, according to AIST in its submission on the Bill, with calls for clearer terminology and the legal boundaries of trustees.

NTEU wants changes at UniSuper trustee company

ALEX DUNNIN  |  FRIDAY, 16 DEC 2011
The National Tertiary Education Union, the main union representing UniSuper fund members, has written to members outlining their response to concerns about the superannuation fund.

Maritime Super in new merger talks

RACHEL DAVIS  |  THURSDAY, 15 DEC 2011
Maritime Super has confirmed that the $3 billion fund is investigating new merger opportunities, with TWUSUPER thought to be a possible contender.

In superannuation, bigger can be better but not always

RACHEL DAVIS  |  THURSDAY, 15 DEC 2011
With Australia's biggest super fund, AustralianSuper, announcing yet another merger, this time with the public sector industry fund AGEST, the question is whether super funds are merging for the benefit of their members or to build financial empires.

AustralianSuper, AGEST reveal merger plans

ELISE BURGESS  |  WEDNESDAY, 14 DEC 2011
AGEST Super has chosen AustralianSuper as a preferred merger partner with the merge to take place in 2012. As a result, AustralianSuper will have almost two million members, 160,000 employers and over $46 billion in funds under management.

NGS Super embraces after-tax benchmarking with FTSE ASFA

ELISE BURGESS  |  WEDNESDAY, 14 DEC 2011
NGS Super has adopted an after-tax benchmark from the industry standard FTSE ASFA Australia Index Series for its $1.3 billion Australian equity portfolio.

UniSuper responds to criticism

ALEX DUNNIN  |  WEDNESDAY, 14 DEC 2011
UniSuper, one of Australia's largest super funds, came under attack last night, confirming that in the post-GFC volatile investment landscape no fund is immune from criticism.