Cost of comfortable retirement continues to rise: ASFA

The annual expenditure needed to reach ASFA’s comfortable retirement standard rose again in the June quarter as retirees continue to face significant cost pressures on their budgets.

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Retired women’s super balances trail $93k from male peers

New research from Aware Super on the occasion of Equal Pay Day reveals Australia’s 13 per cent gender pay gap will equate to a $93,000 deficit in women’s super balances compared to men at retirement.

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Women less engaged with their super funds: Vanguard

Regardless of their retirement status, women are displaying less engagement with their super fund and a third have never initiated contact with their fund, according to Vanguard analysis.

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ANZ Staff Super partners with Link Group

The corporate super fund has entered a five-year partnership deal with Link Group to expand its technology platforms and customer experience.

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Strong July growth fund returns boosted by energy sector

Super funds have seen a promising start to the new financial year, with the median growth fund returning 1.5 per cent in July driven by strong listed sharemarket performance.

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Rest closes 2 investment options to new members

Rest has announced it will close its bonds and shares options to new members from 30 September 2023.

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Former adviser has assets frozen amid ASIC super fees investigation

ASIC has commenced “urgent proceedings” in the Federal Court of a former Sydney financial adviser regarding fees charged to clients' superannuation.

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Female Rest members benefit from SG threshold changes

Since the removal of the $450 monthly income threshold for super contributions last July, almost 170,000 female Rest members are receiving more in their super.

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Aware Super secures retirement housing deal

After acquiring full ownership of Oak Tree Retirement Villages, the super fund has become one of Australia’s largest owners of retirement living assets.

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CFS hires AustralianSuper portfolio manager

Colonial First State has appointed John Iles, a former portfolio manager at AustralianSuper, as its new head of cash management and derivatives.

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Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

1 year 10 months ago
Kevin Gorman

Super director remuneration ...

1 year 10 months ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

1 year 10 months ago

Widespread member disengagement is having a detrimental impact on retirement confidence, AMP research has found....

7 hours ago

Economists have warned inflation risks remain elevated even as the RBA signals policy is sitting near neutral after its latest hold....

7 hours ago

Introducing a cooling off period in the process of switching super funds or moving money out of the sector could mitigate the potential loss to fraudulent behaviour, the ...

6 hours ago