Professional Associations Superannuation Limited (PASL), the $1.2 billion industry super fund, has overhauled its investment strategy, streamlining the investment options across its three divisions and reducing investment management fees by around 60 per cent.
Funds need aged-based risk questionnaires: Chant
The Federal Government could remove the disincentives for people to remain in the workforce and help tackle the challenge of longevity by scrapping the income test and increasing the Age Pension age, according to the Institute of Actuaries. With longevity posing challenges for superannuation fund members, Trevor Thompson, the Institute’s new president, said such moves … Read more
