AUSTRALIA - The wheels were finally set in motion to raise the contribution limit in Australia to 12% from 9% with the introduction of a new bill today.
AUSTRALIA - The median balanced superannuation fund has fallen for the fifth consecutive month returning -1.8%, -4.9% for the September quarter and -3.8% for the past year, SuperRatings finds.
AUSTRALIA - Australian superannuation fund, NGS Super has launched a new social media strategy using Facebook, Twitter and YouTube to engage with members.
AUSTRALIA - The Australian Institute of Superannuation Trustees (AIST) has called for the abolition of the A$450 ($437) monthly earnings threshold for superannuation guarantee contributions.
Rachel Alembakis looks at the details behind the Australian government's plans to create a cheaper, more effective pensions industry
Raquel Pichardo-Allison speaks to Jeremy Cooper, chairman of retirement income at Challenger and the man behind the government mandated Cooper Review into superannuation. His review led to near-immediate action to re-mould the Australian pensions industry....
Rachel Alembakis finds superannuation funds are holding off on large-scale changes to investment strategies, at least for now
AUSTRALIA - The superannuation industry has broadly welcomed the final details of the government's Stronger Super reforms, which it claims could result in a rise in member savings equivalent to a 1% increase in contributions.
AUSTRALIA - RecruitmentSuper has been awarded a five-star rating for "outstanding value" for a second consecutive year.
AUSTRALIA - Asset Super and CareSuper are in discussion about a possible merger, their chairmen have confirmed.