Income only falls by 11% in retirement: Grattan
KANIKA SOOD  |  TUESDAY, 16 APR 2019
Grattan Institute has renewed calls to scrap the Superannuation Guarantee increase as its updated projections show most Australian workers will only cop - at worst - an 11% fall in their income after retiring.
Superannuation bills on hold
KARREN VERGARA  |  MONDAY, 15 APR 2019
Four key pieces of legislation, including the protection of young superannuation members and low-balance accounts from default insurance premiums, have been put on ice.
$1.5bn pulled from Pendal
KARREN VERGARA  |  FRIDAY, 12 APR 2019
Westpac is pulling $1.5 billion of funds under management from Pendal Group over April as it consolidates its superannuation offerings.
Super funds hungry for global stocks, alternatives
KANIKA SOOD  |  THURSDAY, 11 APR 2019
The lion's share of the institutional mandates awarded in Australia last year went to international equities and alternatives manager, the latest Rainmaker Mandate Chaser report shows.
ASIC delays choice product dashboards
KARREN VERGARA  |  THURSDAY, 11 APR 2019
The Australian Institute of Superannuation Trustees has slammed ASIC's move to defer consumer disclosure requirements for choice super products for up to four years.
Superannuation Guarantee continues to fail employees: Report
KARREN VERGARA  |  THURSDAY, 11 APR 2019
A new study debunks the myth that blue-collar workers are the occupational group most likely not to receive their superannuation entitlements.
Fee for no service on APRA and ASIC radar
KARREN VERGARA  |  WEDNESDAY, 10 APR 2019
APRA and ASIC issued a joint letter warning superannuation funds and financial advisers that they will take a tougher approach to ensuring the fee for no service debacle is not repeated.
Government bans superannuation funds treating employers
KARREN VERGARA  |  WEDNESDAY, 10 APR 2019
New legislation has put an end to trustees incentivising employers to appoint them as their default superannuation fund.
SMSFs outshine industry funds for large balances
KARREN VERGARA  |  TUESDAY, 9 APR 2019
Industry superannuation fund satisfaction outranks retail funds in all categories, but failed to beat self-managed super funds when it comes to larger balances.
APRA receives new super powers
KARREN VERGARA  |  FRIDAY, 5 APR 2019
The prudential regulator's powers have been bolstered thanks to new laws that will enable it to take tougher action on trustees and underperforming funds.
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