Parametric has launched a platform that allows superannuation funds to keep a low-cost and transparent fee structure when they change their funds’ goals. ...
Seven super funds have been classifying new members as ‘smokers’ by default and over 5,000 members will receive over $3.6 million in compensation....
Superannuation funds could use a break-even analysis to help evolve their equity portfolio to overcome ‘harmful behavioural biases’, according to Parametric. ...
Without appropriate capital gains tax relief, trustees of merged superannuation funds are being left to maintain inefficient structures where costs are passed onto member...
A more than $1 trillion impact on superannuation assets is being forecast over the next 10 years as industry superannuation funds warn the Government against further exte...
Data analysis around the Government’s hardship early release superannuation regime has revealed that the ‘rivers of gold’ inflows generated by the superannuation guarante...
While consumers have had it good for the last few years with life insurance, the loss ratio to the industry is unsustainable but the industry needs to make sure it doesn’...
The ability for trustees to transfer amounts to the tax office when in a member’s best interest will improve superannuation fund administration flexibility, lead to more ...
An increase in trading activity due to the hardship scheme and superannuation members switching to cash has pushed negative tax consequences onto remaining members in a f...
The total number of repeat applications for the Government’s super access hardship scheme has reached one million with an average payment of $8,619, according to data....
Victims of domestic abuse remain disadvantaged as a scheme to prevent perpetrators from hiding super assets in court has been delayed by the Federal Government. ...
The Government has extended its hardship early access superannuation scheme to 31 December....
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 ...