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Super

super

07 September 2016 • By • 1 min read

ING Direct to refund $5.38m in super fees

Living Super, ING Direct's super product, will compensate 24,500 of its members $5.38 million in fees after ASIC raised concerns about misleading ...

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New call for super fee transparency

Super funds should disclose the returns for each asset class in order to give investors a clearer picture of investment performance, argues a new CIFR ...

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MySuper becoming a ‘conscious choice’: BT

Increased product availability within the MySuper regime is starting to attract ‘choice’ members as well as SMSF trustees, says BT Financial Group

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Super gender gap reaches 80%

Australian men are retiring with 80 per cent more in superannuation savings than women, says Industry Super Australia. The average male retiree has ...

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Cbus to boost in-house investment team

Industry fund Cbus has announced plans to recruit 25 additional investment staff as it looks to expand its in-house investment function

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MySuper assets up almost 11% to $475bn

Total assets in MySuper products grew 10.9 per cent over the 12 months to 30 June 2016 to hit $474.9 billion, according to new APRA data. The ...

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Super funds make strong start to 2016-17

The post-Brexit rally for Australian shares in July has helped superannuation funds get off to a strong start in 2016-17, says SuperRatings

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Labor offers olive branch on super changes

The federal opposition has offered to support the government's $500,000 lifetime cap on non-concessional superannuation contributions – but only if it ...

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Vision Super rolls out low-carbon option

Industry fund Vision Super has launched a low-carbon investment option which, according to the fund, will "invest only in companies considered ...

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Retirees shifting towards income streams

More than a quarter of Australians aged over 65 are now drawing an income stream from their superannuation, up from 20 per cent a decade ago, ...

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