Cbus boss plans for more mergers
The $55bn industry superannuation fund backs legislated plans to increase the superannuation guarantee.
Superannuation
Ditching super changes ‘heartless, unfair’
Two former Labor PMs have blasted moves to defer or stop the legislated increase in the superannuation guarantee to 12 per cent.
Pressure grows to delay rise in super
The overwhelming majority of economists say the federal government should abandon or defer the legislated increase in compulsory superannuation contributions.
Unions’ super windfall on the chopping block
The Morrison government is considering new laws to stop industry super funds giving up to $40m to unions and spending more than $400m on advertising and marketing.
Former Cbus boss calls for AMP culture review
Cbus has been critical of AMP’s leadership over its handling of the situation that has led to several staff exits.
Increasing super means fewer jobs
Our so-called expert advice on super is becoming out of touch with reality and in touch with the needs of vested interests.
Record low early access super paid out
The weekly amount paid out under the government’s COVID-19 early access of super scheme is at a record low.
Westpac, StatePlus in fees-for-no service ASIC hit
Westpac’s has a new headache after ASIC toook new action stemming from the Hayne inquiry.
ASFA calls for release of super report
Delaying the release of the report was ‘undermining confidence in the retirement system’.
Super funds into positive territory for July
A healthy return in July was largely on the back of international shares, mainly driven by the US market.
Early super payout nearing government forecasts
The total amount paid out under the second tranche is growing by nearly 10 per cent a week.
Small business sitting on a time bomb
An issue swept under the carpet for 28 years is threatening to come back and wipe small business out within weeks.
Super funds cautious despite growth
The median balanced option returned 0.9 per cent for the month of July.
We’ll need more super, so let’s lift guarantee
The greatest concern for most Australians who are approaching retirement is that they don’t have enough money.
Super members ‘bear cost of cave destruction’
Superannuation heavyweight HESTA says it and other investors will ultimately pay the cost of Rio Tinto’s damaged licence to operate.
Hard deadline on early super: Combet
Errors in the execution mean the stimulatory measure ‘which is not equitable’ should be halted by December.
‘Your super doesn’t belong to them’
Scott Morrison slaps down suggestions super savings are being frittered away, despite alarming figures on withdrawals.
ATO warning on early super access
ATO crackdown: meet the criteria of hardship, or face a higher rate of tax income or a fine.
Banks, super told to speed up on complaints
Banks and super funds have been given new rules designed to speed up the resolution of customer complaints.
Super withdrawals near $30bn
Australian’s have come back for a second hit at their super balances.
Super triple-dip could prompt strategy switch
Funds brace for the possibility of a third $10,000 tranche being made available to workers hit by the COVID-19 crisis.
Fee-fi-fo-fum, smell the cash of Australians
Super funds resent us having access to the savings that so lavishly line their pockets. Here are some sound reasons why we should be able to.
What saved super from a crash?
If the sharemarket fell more than 7 per cent across the year, how did super funds finish with an average dip of just 0.5pc?
How does early super access link to SMSF boost?
The SMSF sector got a boost when commencements suddenly picked up during the first phase of the pandemic crisis.
Early super scheme ‘abused’
Public servants and military fund members are rushing to withdraw super for a second time, but there are questions about their eligibility to do so.
Diversification shows merit for super returns
Australian super funds were carried to safety by growth assets and ever-widening diversification.
SMSF cost estimates ‘stale’
The regulator is now actively reviewing the SMSF estimates figures that caused consternation across the industry.
Major double dip on early release superannuation
Applicants raise the stakes as the new financial year starts with rush for another bite at early access to superannuation.
Retail super faces member flight
Retail super funds could be in for a rough 12 months, says KPMG.
Diversity pays off for super
The pitfalls of timing and benefits of diversity shine through as some of the biggest super funds scrape through with positive returns.
Original URL: https://www.theaustralian.com.au/topics/superannuation/page/3