Publication: Super Review

First reported Sep 10 2014 - Updated Sep 10 2014 - 1 reports

Issues of risk and governance

Issues raised before the Royal Commission into Trade Union governance ought to give APRA food for thought.It is an old maxim in politics that you never ask a question to which you do not already know the answer and it follows that many of the questions ... [Published Super Review - Sep 10 2014]
Entities: Liaison, Officer, Breach, Risk
First reported Sep 10 2014 - Updated Sep 10 2014 - 1 reports

Putting alternatives in perspective

Alternative investments remain front and centre for superannuation funds as they devise their asset allocation strategies but, as Damon Taylor reports, thorough due diligence is proving to be the key ingredient.In a broad assortment of both liquid and ... [Published Super Review - Sep 10 2014]
First reported Sep 09 2014 - Updated Sep 09 2014 - 1 reports

LGS launches DIY investment option

Local Government Super has announced a do-it-yourself (DIY) investment option where members can build their own portfolios from the super fund's investment options.Members can build their retirement investment in the form of shares from the ASX300, a ... [Published Super Review - Sep 09 2014]
First reported Sep 09 2014 - Updated Sep 09 2014 - 1 reports

SG rate rise had business support

More than half of businesses backed the super guarantee (SG) rate rise, according to a Sunsuper survey of more than 500 small to medium business owners.The survey showed 59 per cent supported the rate rise, including 14 per cent who strongly supported ... [Published Super Review - Sep 09 2014]
Entities: Medium Business, Owner
First reported Sep 09 2014 - Updated Sep 09 2014 - 1 reports

'Leave super alone': Equip Super

Equip Super has recommended that the Financial System Inquiry (FSI) does not call for further change in the superannuation system and the recent raft of changes were suitable but require time to be fully embedded within the system.In its submission to ... [Published Super Review - Sep 09 2014]
Entities: Review, Opacity, Relativity
First reported Sep 09 2014 - Updated Sep 09 2014 - 1 reports

Industry funds most impacted by higher group premiums

Members of industry superannuation funds have found themselves more exposed to increases in premiums for death and total and permanent disability (TPD) insurance than their counterparts in retail master trusts and corporate funds, according to new data ... [Published Super Review - Sep 09 2014]
First reported Sep 09 2014 - Updated Sep 09 2014 - 1 reports

LGsuper gets new chair

Industry fund, LGsuper has this week announced the appointment of a new chairperson — experienced Queensland-based director, Bronwyn Morris.The fund announced that Morris. Who has been an independent director with LGsuper since December last year, will ... [Published Super Review - Sep 09 2014]
First reported Sep 09 2014 - Updated Sep 09 2014 - 1 reports

Education key to overcoming insurance knowledge gap

Insurance provided through super funds may have reached nearly all Australians, but confusion amongst members remains over the extent of cover and its potential benefits.A recent survey of nearly 400 individuals found a general lack of understanding about ... [Published Super Review - Sep 09 2014]
Entities: Education
First reported Sep 09 2014 - Updated Sep 09 2014 - 1 reports

Kinetic launches intra-fund advice service

Industry super fund, Kinetic Super, has launched a new intra-fund advice service that it says will allow members to receive limited financial advice about their account.Kinetic chief executive, Megan Bolton said the service would allow members to access ... [Published Super Review - Sep 09 2014]
Entities: Experience
First reported Sep 09 2014 - Updated Sep 09 2014 - 1 reports

Cbus launches self-managed option

Cbus has introduced a self-managed investment option where members can invest in companies in the S&P/ASX300 index.The option is available to members with $40,000 or more in their account, and for those who have a basic grasp of investing, including the ... [Published Super Review - Sep 09 2014]
First reported Sep 04 2014 - Updated Sep 04 2014 - 1 reports

Weak dollar dampens super fund rankings

A weakening of the Australian dollar over 2013 saw Australian super funds slide down the ranking of the world’s largest 300 pension funds, research showed.The Pension and Investments/Towers Watson Global 300 research showed that while Australia did add ... [Published Super Review - Sep 04 2014]
First reported Aug 19 2014 - Updated Aug 19 2014 - 2 reports

Median growth fund gains slightly: Morningstar

Australian superannuation funds showed small growth over July, with the median growth fund returning 1.4 per cent, according to the Morningstar Australian Superannuation Survey.Individual results varied from a high of 2.6 per cent to a low of 0.4 per ... [Published Super Review - Aug 19 2014]

Quotes

...it was in agreement with the FSI interim report that policy instability around superannuation had led to a lack of operational efficiency and "a period of consolidation is now needed to bed in the legislative and regulatory changes brought about by the Stronger Super changes"
"We want to encourage members to take an active approach with their super," she said. "Intra-fund advice gives Kinetic Super fund members access to financial advice about their super account, providing support and confidence to make informed decisions."
"The rise of self-managed super funds (SMSF) has been a feature of the superannuation landscape for some years now, stemming from people's natural desire to have control of their own financial futures" LGS CEO Peter Lambert said
"Whilst there is no doubt that claims experience has worsened in recent years with pay-out ratios (being the percentage of claims paid compared to the premiums collected) increasing from 53 cents in every dollar in 2010/11 to nearly 65 cents in 2013/14, we believe that much of the increase follows a sequence of significant discounting by insurers vying for key superannuation books during 2010 and 2011 and this is borne out in the research" he said

More Content

All (60) | News (60) | Reports (0) | Blogs (0) | Audio/Video (0) | Fact Sheets (0) | Press Releases (0)
sort by: Date | Relevance
Issues of risk and governance [Published Super Review - Sep 10 2014]
Putting alternatives in perspective [Published Super Review - Sep 10 2014]
'Leave super alone': Equip Super [Published Super Review - Sep 09 2014]
Education key to overcoming insurance knowledge... [Published Super Review - Sep 09 2014]
Kinetic launches intra-fund advice service [Published Super Review - Sep 09 2014]
LGS launches DIY investment option [Published Super Review - Sep 09 2014]
LGsuper gets new chair [Published Super Review - Sep 09 2014]
Industry funds most impacted by higher group pr... [Published Super Review - Sep 09 2014]
SG rate rise had business support [Published Super Review - Sep 09 2014]
Cbus launches self-managed option [Published Super Review - Sep 09 2014]
Asset owners lose sleep over regulation [Published Super Review - Sep 04 2014]
Weak dollar dampens super fund rankings [Published Super Review - Sep 04 2014]
AIST angered over SG rise delay [Published Super Review - Sep 02 2014]
Coles looking to make super simpler [Published Super Review - Sep 02 2014]
Ultimate super outcomes the key - APRA [Published Super Review - Sep 02 2014]
A lifecycle approach to insurance [Published Super Review - Sep 02 2014]
NGS Super appoints employer director [Published Super Review - Sep 02 2014]
QSuper launches direct investment option [Published Super Review - Sep 02 2014]
VicSuper awards $220m global equity mandate [Published Super Review - Sep 02 2014]
ASFA hits ATO on data pass through [Published Super Review - Sep 02 2014]
Super fees gnaw at members’ minds [Published Super Review - Sep 02 2014]
SMSF providing greatest super satisfaction [Published Super Review - Sep 01 2014]
Australia needs a financial services agency: FSC [Published Super Review - Aug 28 2014]
AusSuper appoints deputy chair [Published Super Review - Aug 28 2014]
APRA unclear on union liaison officer status [Published Super Review - Aug 28 2014]
Regulation stifling life insurers: TAL [Published Super Review - Aug 28 2014]
Caution urged on death benefits [Published Super Review - Aug 26 2014]
Longevity risk management “weak point”: Actuari... [Published Super Review - Aug 26 2014]
legalsuper hunts for CIO [Published Super Review - Aug 26 2014]
Frontier Advisors hires analyst [Published Super Review - Aug 26 2014]
1 2
Content Volume
Document Volume
Network
Network
Contact Us
Sales
Support


Freebase CC-BY Some image thumbnails are sourced from Freebase, licensed under CC-BY

Copyright (C) 2014 Silobreaker Ltd. All rights reserved.
The selection and placement of stories and images on any Silobreaker page are determined automatically by a computer program.
The time or date displayed reflects when an article was added to or updated in Silobreaker.