Australian Superannuation & Retirement Fund News

23 July

Superannuation

Don’t ‘walk back’ the promised SG increase

Industry Super Australia has urged the Government to declare it will not seek to ‘walk back’ the planned increase

23 July

Superannuation

AIST seeks raise in Superannuation Guarantee

The Australian Institute of Superannuation Trustees has called for the Superannuation Guarantee to be raised to 12

AMP has today announced the launch of a series of new features to AMP Elevate insurance to increase flexibility of offerings.

22 July

Superannuation

More than 440 AMP customers want insurance reinstated

More than 440 AMP superannuation customers have demanded to have their cancelled insurance cover reinstated, while

Former TAL chief executive, Jim Minto, said insurance via super is the most efficient and effective delivery mechanism.

19 July

Superannuation

AIST precipitates APRA’s separation of superannuation

The Australian Institute of Superannuation Trustees flagged that superannuation needed different treatment to

Industry Super Australia claims the major banks are switching customers into under-performing retail super funds via direct sales tactics which bypass planners.

19 July

Superannuation

Frydenberg notes industry fund among under-performers

The Federal Treasurer, Josh Frydenberg has refused to concede the universal out-performance of industry funds,

18 July

Superannuation

Industry funds want automatic rollovers

Industry Super Australia has claimed superannuation fund members could be more than $416 billion better off if the

18 July

Superannuation

Super industry splits over APRA super performance recommendation

Industry fund bodies have welcomed the recommendation of the Australian Prudential Regulation Authority review to

17 July

Superannuation

Super fund call centres overwhelmed on opt-in insurance

The Federal Government has been urged to significantly extend the timeframes for the introduction of its further

16 July

Superannuation

Law firm warns against further group insurance removal

The commencement date for switching off insurance inside super for low balance accounts should be deferred to 1

Independent data highlights chronic underperformance of bank-owned super funds, according to Industry Super Australia.

12 July

Superannuation

Super funds falling short on advice offerings

Issues when seeking face-to-face financial advice is the number one unresolved problem most super fund members

Superannuation

Don’t ‘walk back’ the promised SG increase

AIST seeks raise in Superannuation Guarantee

More than 440 AMP customers want insurance reinstated

AIST precipitates APRA’s separation of superannuation

Frydenberg notes industry fund among under-performers

Industry funds want automatic rollovers

Super industry splits over APRA super performance recommendation

Super fund call centres overwhelmed on opt-in insurance

Law firm warns against further group insurance removal

Super funds falling short on advice offerings

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