Superannuation

Superannuation

First State Super and VicSuper in merger talks

Two major super funds are set to merge and become one of the nation’s largest profit-to-member funds, managing more than $110 billion in retirement savings for over 1.1 million members.

Elizabeth FryApril 4, 2019

Superannuation

Changes to Super: Budget brings stability

The Federal Budget has brought stability to superannuation and enhanced confidence in the nation’s retirement funding system, according to ASFA's Martin Fahy.

Elizabeth FryApril 3, 2019

Superannuation

Sole purpose test needs broader thinking: Mercer

Questions around whether the superannuation industry is broadly “fit for purpose” given the country’s changing demographics should be considered along-side APRA's review of the sole purpose test, according to one expert.

Matthew SmithApril 2, 2019

Superannuation

Industry fund comes clean on comparability

SunSuper’s head of asset allocation explained his approach to growth/defensive labels and admitted the industry has a long way to go to achieve comparability.

Matthew SmithMarch 28, 2019

Superannuation

APRA deputy chair sounds warning to trustees

APRA deputy chair Helen Rowell warns superannuation fund trustees not to delay meeting their obligations in designing suitable retirement income products for members.

Elizabeth FryMarch 21, 2019

Superannuation

Super funds look to AI to improve member engagement

Tech giants like Apple, Amazon, Facebook and Google are driving members' expectations of customer experiences which is a major challenge for superannuation funds.

Elizabeth FryMarch 18, 2019

Superannuation

Sole purpose test needs overhaul

Clarity is needed around the sole purpose test for super funds which want guidance on how not to break the rules. Elizabeth Fry writes.

Elizabeth FryMarch 15, 2019

Superannuation

No cause for ‘triumphalism’: industry funds

The fact that industry funds emerged largely unscathed from the Royal Commission process is “no cause for triumphalism”, says Ian Silk, chief executive of AustralianSuper.

Amanda WhiteMarch 14, 2019

<2of106>