Super guarantee is high enough, more reforms needed: Tim Wilson

Australia’s superannuation industry has lost its clear focus on improving retirement outcomes for Australians, Liberal MP Tim Wilson argued in a debate with economist Saul Eslake who, in turn, said politics were muddying the waters.

Trustees urged to check fee consent forms against advice docs

Trustees have been advised by ASIC and APRA that fee consent forms aren’t enough; they should be checking advice SoAs to ensure services are being provided.

EP7: The big sell: The need to market funds to consumers

Mercer Super CEO Tim Barber and KPMG’s national section leader for asset and wealth management Linda Elkins speak to Investment Magazine’s Stewart Hawkins about the controversial issue of how super funds market directly to consumers and whether the members’ money they spend doing so is justified at the end of the day and whether the spend may or may not meet funds’ fiduciary duty obligations.

Rest’s Andrew Lill on teambuilding and the things that will define him

Nine months into his tenure as Rest’s inaugural CIO Lill explains his new whole-of-fund investment team structure and outlines the challenges of drifting strategic asset allocation in a YFYS world.

Sydney Airport consortium has time to wait for outsized returns

The Sydney Airport approach comes weeks after the government’s game changing Your Future, Your Super reforms and against the backdrop of uncertain defensive fixed income style returns and possible future equity market volatility.

Making a principles-based retirement income covenant work

The superannuation fund industry might be strongly supportive of a principles-based approach because it appears to enable more flexibility in product design but David Bell argues it might not be that straight forward.

Early support improves return-to-work outcomes after cancer

A lifestyle support program provided by insurer AIA Australia and developed by health technology company CancerAid–called CancerAid Coach–has been shown to increase the return-to-work rate of its participants by up to 70 percent and their time out of work was reduced by 20 percent

Hostplus, Statewide deal puts combined entity in enviable mega-fund territory

The planned merger between hospitality-based super fund Hostplus and South Australia-based Statewide catapults a fund with one of the industry’s most attractive net flow profiles into the ten largest in the country.

Widening guidance: The case for more advice in super builds

Funds might tread carefully with their intra-fund strategies but work being done by policy makers and the funds themselves around retirement solutions will open new pathways for advice within superannuation.

Business case for retirement needs to stack up

The design and creation of retirement solutions between now and when the government’s slated Retirement Income Covenant comes into effect will have a lot to do with whether the business case for these products stack up, superannuation fund executives have highlighted.

Stapling’s ‘not bad in concept’, but is seriously flawed: Arter

Given Australians’ traditional lack of engagement with their super funds new stapling laws are concerning both on insurance and performance grounds for Cbus CEO Justin Arter, while Super Consumers Australia’s Xavier O’Halloran is concerned about legal complexities.