Newly appointed Federal Assistant Treasurer, Josh Frydenberg, has backed governance improvements for superannuation funds, including more independent directors....
Industry fund chief executive wants banks and AMP to abide by a best interest duty when providing super via employers....
Industry Super Australia has reasserted the position it declared in its FSI submission on default funds and investment returns....
The AIST has pointed to default fund fee discrepancies as a reason to bring forward the MySuper transition date....
Industry fund lobbyists have criticised big banks, saying only $13 billion of savings in bank-owned funds have moved into MySuper. ...
The FSC has refuted ISA claims about banks offering incentives for default fund selection....
A major mining group has called on the Abbott Government to remove superannuation as an industrial award issue....
The Department of Employment has acknowledged that no provision has been made for communicating default fund outcomes to employers. ...
Most super funds just re-branded current balanced default options as their MySuper offering, new research finds. ...
ASFA is urging individuals to check the features and fees of their superannuation accounts and choose options that reduce costs....
Super Review survey results have revealed support for all MySuper products being eligible to be default funds but also continuing support for the involvement of the FWC....
Industry Super Australia blames the 'banks’ for the FSC’s moves to challenge the FWC on its default fund review process....
From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...
Super director remuneration ...
No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...