Super funds react to market sell off
KANIKA SOOD  |  MONDAY, 29 OCT 2018
AustralianSuper and Equip Super are among the superannuation funds reassuring members as the S&P/ASX 200 slid close to its lowest in a year last Thursday.
Idle technology leaves super fund members behind
KARREN VERGARA  |  FRIDAY, 26 OCT 2018
As superannuation funds grapple with digital advancement, their young membership base become further disconnected from the wealth and super system, according to a Zuper co-founder.
Unpaid super penalties too light: ISA
DARREN SNYDER  |  THURSDAY, 25 OCT 2018
Industry Super Australia suggests the Australian Taxation Office's approach to unpaid superannuation is becoming a moral hazard whereby employers think they can escape penalty.
Challenger expands distribution reach
KARREN VERGARA  |  WEDNESDAY, 24 OCT 2018
Challenger is ramping up its distribution capabilities by launching its annuities on a fifth platform.
Young Aussies set lofty retirement goals
KARREN VERGARA  |  WEDNESDAY, 24 OCT 2018
Australian millennials are aiming to retire comfortably at 50 with $5 million in their nest egg, a new survey shows.
Raiz to launch group insurance products
KARREN VERGARA  |  TUESDAY, 23 OCT 2018
A partnership between Raiz Invest and Swiss Re will launch new products attempting to disrupt the group insurance market.
Early release of super, FHSSS gaining traction: ATO
KARREN VERGARA  |  MONDAY, 22 OCT 2018
About $89 million of superannuation has been released on compassionate grounds just three months into the new financial year, according to the ATO.
Pension fund manager siphons $2m
JAMIE WILLIAMSON  |  FRIDAY, 19 OCT 2018
The interim head of pensions and investments at an international pension fund was convicted of fraud after he abused his position and stole close to $2 million in retirement savings.
Industry fund drops life premiums, pension fees
JAMIE WILLIAMSON  |  THURSDAY, 18 OCT 2018
A $1.5 billion industry superannuation fund is reducing select insurance premiums after renegotiating its group insurance mandate. It also slashed the administration fee on its pension account.
Super funds excel in reporting obligation
KARREN VERGARA  |  TUESDAY, 16 OCT 2018
Nearly all large superannuation funds are fulfilling reporting obligations to a "high standard," the ATO's latest diagnostic reports show.
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