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30 September 2016 • By Tim Stewart • 1 min read

Super funds targeted over fossil fuels

The superannuation industry is in the firing line for its tacit support of resources companies that award bonuses based on new fossil fuel exploration

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Draft legislation for $1.6m super cap released

The second tranche of the government’s draft superannuation legislation has been released, containing changes to the $1.6 million transfer balance cap ...

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NGS Super ditches CommInsure

NGS Super has declined to renew CommInsure's group insurance contract, announcing it has switched to TAL following a "limited tender". In a ...

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Super objective set too low: ASFA

The government's proposed objective for the superannuation system – to substitute the age pension – is far too low, argues ASFA. Responding to the ...

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New directors appointed at Super SA

The South Australian government has announced two new appointments to the board of Super SA. South Australian minister for finance Tom Koutsantonis ...

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Industry fund consortium bids for Ausgrid

AustralianSuper and IFM Investors have banded together to submit an unsolicited proposal to the NSW state government to acquire a majority interest in ...

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Default super funds 'no longer relevant'

The Productivity Commission has launched an inquiry that will consider alternative models to default superannuation, with a preferred baseline ...

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'Step-change' needed on super efficiency

Australia's superannuation back-office is beset by manual processing, fragmented platforms and proprietary systems, says the Depository Trust and ...

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Banking and wealth inseparable: NAB

The creation of $70 billion retail super fund MLC Super is the culmination of a new strategy at NAB to "reorganise itself around the customer", the ...

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More to retirement adequacy than super

While superannuation is the primary area of focus in retirement adequacy discussions, it only accounts for just over half of average gross wealth for ...

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