Defining super is a good start, but delivering retirement income is the best outcome, writes Adrian Stewart.
Super fund trustees are failing to conduct root cause analysis of complaints received from members, potentially damaging the credibility of the superannuation system, according to ASIC commissioner Danielle Press.
Minister for financial services, Stephen Jones, has confirmed the annual performance test is “here to stay” and he will shortly announce the findings of his review into Your Future, Your Super.
The number of disqualified self-managed superannuation fund trustees for the first half of the financial year is four times higher than a year ago while over 100 have already been disqualified in 2023.
A proposed cap on balances would bring further costs and complexity and prove disruptive for the self-managed superannuation fund space, according to the SMSF Association.
Rest has renewed its 30-year partnership with Link Group's Retirement and Superannuation Solutions business and will create a joint digital innovation team.
Superannuation funds and organisations have welcomed the Government’s consultation into the definition and objective of super but others feel it excludes other aspects of a person’s retirement.
A new report has found women over the age of 50 in Australia are increasingly worried about the impacts of rising costs and recession on their super savings compared to men.
With average super returns falling 4.3% in 2022, ART has stressed how well-diversified portfolios can combat market volatility in 2023.