default funds

Superannuation

Industry Super Australia has told the Productivity Commission it is wrong to suggest that being defaulted into a poor performing fund is the biggest risk....

Superannuation

The FSC has suggested removing the ‘default’ super option to give employees greater opportunity to choose their own super funds....

Superannuation

The default super system was created under significantly different circumstances in the 1980s and does not suit the current robust regulatory environment, according to De...

Superannuation

AIST has welcomed the digitalisation of superannuation choice forms, where a default fund must be named....

Superannuation

The default super fund selection debate needs to put members first and not shareholders, according to an AIST survey....

Superannuation

Default settings and member inertia are key drivers of positive retirement outcomes if there is a sensibly structured environment, according to a report....

Superannuation

The best default model is a hybrid of the employee and employer choice models from the Productivity Commission’s interim report, according to the FSC. ...

Superannuation

The Australian Institute of Superannuation Trustees believes long-term underperforming default funds should lose their default status....

Superannuation

The PC’s recommended default super changes would end the proliferation of super accounts and would reduce overall fees, according to IOOF....

Insurance

SuperRatings has warned that the exclusion of insurance from the Productivity Commission’s assessment has compromised its initial default super findings....

Superannuation

The Productivity Commission may have argued against making it a political battle, but Industry Super Australia and the Financial Services Council have dug in on opposing ...

Superannuation

The Productivity Commission has pointed to entrenched rent-seeking in the default super sector and recommended radical change, including a once-only allocation to default...

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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. ...

11 months ago
Kevin Gorman

Super director remuneration ...

11 months 1 week 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 ...

11 months 1 week ago

Jim Chalmers has defended changes to the Future Fund’s mandate, referring to himself as a “big supporter” of the sovereign wealth fund, amid fierce opposition from the Co...

1 day 6 hours ago

Demand from institutional investors was the main driver of growth in Australia’s responsible investment (RI) market in 2023, as the industry continued to gain momentum....

1 day 6 hours ago

In a new review of the country’s largest fund, a research house says it’s well placed to deliver attractive returns despite challenges....

1 day 7 hours ago