Superannuation

Superannuation

‘Pure choice’ might not create the best outcome for retirees

The Retirement Income Covenant as outlined in the government's recent proposal paper currently out for consultation could be improved with a broader choice framework, the Conexus Institute's David Bell and ANU's Geoff Warren argue.

David Bell and Geoff WarrenAugust 2, 2021

Superannuation

Super guarantee is high enough, more reforms needed: Tim Wilson

Australia’s superannuation industry has lost its clear focus on improving retirement outcomes for Australians, Liberal MP Tim Wilson argued in a debate with economist Saul Eslake who, in turn, said politics were muddying the waters.

Ben HurleyJuly 23, 2021

Superannuation

Employees in the dark on how SG rise affects pay

Over 40 per cent of people have no idea whether the July 1 increase in the superannuation guarantee rate is coming out of their take home pay, with almost two thirds of employees saying they've received no communications from their employer about the changes.

Tahn SharpeJuly 22, 2021

Superannuation

Call to give fund members product advice support outside of Chapter 7

Trying to fit financial product advice within the existing regulatory framework isn't working for superannuation fund members, says UNSW's Pamela Hanrahan, and if consumers are to get support a framework needs to be put up outside the bounds of Chapter 7.

Tahn SharpeJuly 15, 2021

Superannuation

Baked in super contributions caps to burn high income earners: CPA analysis

High-income earners could be forced to breach the concessional contributions cap, an analysis shows, a situation that can be avoided if the concessional contributions cap and maximum earnings bases are synchronised.

Richard WebbJuly 14, 2021

Superannuation

‘Offensive’ regulators undermining advisers: AFA

Asking trustees to request client SoAs on top of fee consent forms adds cost and complexity to an already overburdened ecosystem, while disparaging comments from the regulators are eroding trust in the advice community according to the acting chief executive of the Association of Financial Advisers, Phil Anderson.

Tahn SharpeJuly 12, 2021

Superannuation

Rest’s Andrew Lill on teambuilding and the things that will define him

Nine months into his tenure as Rest’s inaugural CIO Lill explains his new whole-of-fund investment team structure and outlines the challenges of drifting strategic asset allocation in a YFYS world.

Tahn SharpeJuly 12, 2021

Superannuation

Hostplus, Statewide deal puts combined entity in enviable mega-fund territory

The planned merger between hospitality-based super fund Hostplus and South Australia-based Statewide catapults a fund with one of the industry's most attractive net flow profiles into the ten largest in the country.

Stewart HawkinsJuly 5, 2021

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