ASIC calls for greater DBF disclosure


ASIC has urged trustees of defined benefit superannuation funds to be more transparent about the financial situation of their funds when communicating with members. The corporate regulator called on trustees to .. Read More

Members wear the cost of risk-profile errors


Superannuation fund members are missing out on hundreds of thousands of dollars in retirement savings by having their account set to the wrong investment option for their circumstances and stage of life, according to.. Read More

Feature: Disruption in superannuation


The protected nature of Australia’s superannuation system, which guarantees both established industry and retail funds revenue through enterprise bargaining and corporate mandates respectively, has meant innova.. Read More

Super system failing women


Australia’s superannuation system appears to be failing female retirees, with women nearing the end of their working lives having just $80,000 on average in their super account, according to robo advice firm Si.. Read More

Government passes super scheme laws


The government has successfully passed its First Home Super Saver Scheme through parliament, meaning home-buyers and retirees will be able to make the most of the new incentives from the beginning of next financial y.. Read More

Opinion – More than one way to plan for retirement


While society places a great deal of focus on preparing financially for life after work, many pre-retirees do not give as much attention to the non-financial preparation needed to achieve fulfilment as they age. .. Read More

Regional move helps retirees free up cash


Retirees could free up a significant amount of cash to fund their expenses by downsizing to a home in one of Australia’s ‘sea change’ or ‘tree change’ hotspots rather than taking out a r.. Read More

Trust in advisers still at post-GFC lows


Australian consumers’ trust in financial planners has shown no improvement since the period immediately following the global financial crisis, according to new Roy Morgan research. The firm’s Superan.. Read More

Super sector must unify its focus


The superannuation industry is grappling with shifting work patterns, public scrutiny of its activities and an ageing population demanding post-retirement solutions, and must adopt a unified approach to drown out pol.. Read More

Age pension take-up falls under super


The rate of age pension take-up had fallen by 9 per cent since the introduction of superannuation and almost one-third of retirees were now self-funded, putting paid to the myth that compulsory super as a policy was .. Read More

Instos ignorant of data quality


Large financial institutions were still largely ignorant of the importance of data quality in preventing large-scale errors and client remediation programs, according to QMV Solutions. Addressing a media lunch i.. Read More

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