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

Tailoring key to healthy retirement savings


Millions of Australians in MySuper are missing out on up to a third of their potential retirement balance because of the lack of competitive forces targeting better retirement outcomes. Speaking at a media brie.. Read More

MyRetirement needs pension test exemptions


The Actuaries Institute has urged the federal government to examine how retirement income products are viewed under the means tests for the age pension as the super industry moves ahead with the forthcoming MyRetire.. Read More

Industry, retail funds neck and neck


The latest Chant West report showed industry and retail funds’ performances were on par with each other in August after returning 0.6 per cent over the month. The results were another modest showing after .. Read More

Australians less financially secure


New research by National Australia Bank (NAB) in partnership with the Centre for Social Impact has revealed that Australians are feeling less financially secure than last year, with one in seven not having any saving.. Read More

Prevention vital for SG compliance


The superannuation guarantee (SG) is a key pillar for preserving the retirement income future of working Australians and a greater focus on prevention than recovery by the Australian Taxation Office (ATO) will help s.. Read More

DIY wills leave retirees at risk


Budgetary concerns are increasingly driving retirees to draft informal wills rather than engaging an estate planning specialist to help with the process, but these cost cutting attempts can ultimately end up costing .. Read More

Government introduces first home scheme laws


Legislation for the government’s First Home Super Saver Scheme (FHSSS), as well as its proposed new superannuation rules for retirees downsizing their homes, have been introduced to parliament. The Treasur.. Read More

Challenger products expand to AMP


Advisers and customers can now access Challenger’s full range of annuities via AMP’s wealth management adviser portal and digital tools as the financial services giant moves to expand its range of retirem.. Read More

Industry fund outperformance shows fee folly


The consistent outperformance of industry superannuation funds in comparison to retail funds illustrated that the public focus on lowering fees to improve super fund performance was unproductive, according to Chant W.. Read More

Australian super funds on the rise


The Future Fund has achieved the top spot among Australian superannuation funds included in the world’s largest 300 pension funds, with a number of other local super funds also increasing their rankings on the .. Read More

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