Income-targeting retirement portfolios could struggle to measure ‘success’ wel

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The Retirement Income Panel’s work over the past year should give superannuation funds all the motivation they need to decide what ‘success’ in funding pensions really means, according to a research... Read more continue reading

A performance test for super funds will undermine performance, detrimentally impact on innovation and erode confidence in the system

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The Federal Government announcement that it will subject super funds to an annual performance test and block underperformers from taking new members is draconian, overly simplistic and if implemented, will... Read more continue reading

Steady returns put super funds back in the black

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The recovery in superannuation continued through August as funds posted their fifth consecutive month of gains amid signs of economic recovery in the September quarter. Market stability and continued momentum... Read more continue reading

Super tax changes will cost retirees

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The possibility for government to increase superannuation taxes in response to the ballooning budget deficit caused by COVID-19 could severely hurt member balances at retirement, according to a research note... Read more continue reading

Commonwealth Superannuation Corporation invests in mental health

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One of Australia’s largest super trustees, Commonwealth Superannuation Corporation (CSC), has announced its partnership with workplace mental health organisation SuperFriend, effective 12 August. CSC is trustee for 11 super funds, collectively managing around... Read more continue reading

Super funds close to recouping losses, but pandemic risks remain

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Super funds have started the new financial year with some positive momentum but face a period of stark uncertainty as Australian cases of COVID-19 rise and Victoria enters harsher lockdown... Read more continue reading

Women are faced with new retirement realities since Coronavirus hit

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Australians are feeling less confident about their retirement in a post Coronavirus world and think they might be forced to delay retirement and work longer than expected, according to new... Read more continue reading

Equity Trustees appointed super trustee for HUB24

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EQT Holdings Ltd (ASX: EQT) (Equity Trustees) has announced its appointment as the trustee for the HUB24 Super Fund, part of HUB24’s investment and superannuation platform. As part of one... Read more continue reading

Superannuation proceeds trust: excepted income changes

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The recent Tax Act amendment on excepted income of testamentary trust distributions may potentially affect superannuation proceeds trusts (“SPT”) that are structured as testamentary trusts.  The amendment is an integrity... Read more continue reading

Australian Ethical among top performing super funds in Australia

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Australia’s original ethical investment manager Australian Ethical (ASX: AEF) has continued its track record of delivering market-leading financial returns for its members with positive impact for the planet. According to... Read more continue reading