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Superannuation

AIST research exposes flaws in asset-based fee model

JOHN MCDULING  |  WEDNESDAY, 8 SEP 2010
There are significant weaknesses in the concept of asset-based fees as a means of remuneration for fund managers, according to new research by the Australian Institute of Superannuation Trustees (AIST) in conjunction with actuary RiceWarner.

Moving forward with Gillard

JOHN MCDULING  |  WEDNESDAY, 8 SEP 2010
Industry bodies have expressed relief at PM Julia Gillard's formation of a minority government and remain hopeful that an increase to the superannuation guarantee will be passed under a hung parliament.

ASFA principles recommend super industry changes

ELISE BURGESS  |  TUESDAY, 7 SEP 2010
The rising importance of superannuation in the economy and members growing reliance on their super's performance have formed the basis for the latest ASFA Policy principles report, released this week.

Long-term fixes for super inequity

ELISE BURGESS  |  MONDAY, 6 SEP 2010
Superannuation reforms such as a maternity-linked bonus super payment from the government and a review of the $450 monthly income threshold could go a long way into reducing the savings gap between men and women.

Legalsuper continues mandate restructure

RUTH LIEW  |  MONDAY, 6 SEP 2010
Legalsuper lowers its total investment costs across several investment options following another round of mandate changes.

The future of super: Cooper

RUTH LIEW  |  FRIDAY, 3 SEP 2010
Super funds looking more like banks, the transformation of advice as intra-fund advice takes flight, and defined contribution (DC) plans having their own regulatory arm - these are some of the outlooks for super over the next 10 to 20 years, according ...

NGS Super and Cuesuper to merge

MEDIA RELEASE  |  FRIDAY, 3 SEP 2010
NGS Super and Cuesuper plan to merge, creating a $3.5 billion fund with 90,000 members by April next year.

AustralianSuper wades into politics

RUTH LIEW  |  THURSDAY, 2 SEP 2010
The chief of Australia's largest industry fund, AustralianSuper, is urging politicians, especially the independents, to rank superannuation adequacy high on the agenda as negotiations progress to form the next government.

StatewideSuper appoints JANA

RUTH LIEW  |  WEDNESDAY, 1 SEP 2010
In what it calls one of the most important board decisions it will make this year, StatewideSuper has signed JANA for three years, terminating its previous asset consultant, Access Capital Advisers.

SMSF advisers back FOFA call to upskill

SPAA RELEASE  |  WEDNESDAY, 1 SEP 2010
More than 90 per cent of SMSF advisers support raising competency levels through the proposed Future of Financial Advice Reforms - while 6 out of 10 advisers agree SMSF auditors should be registered with ASIC, new research shows.