retirement outcomes

Investment Strategy

Half a million Queenlanders put into retirement cohorts

QSuper has given a teasing snippet of its progress in placing default fund members into group cohorts. This month it moved $21.7 billion of savings for 440,000 members into separate group strategies designed for specific ages, account balance, contribution rate and gender, but has not revealed the nature of each strategy. The switch has occurred […]
Retirement

Towards defined ambition

Speaking at last week’s Post-Retirement Conference, held by Conexus Financial in association with AIST, Scott Pappas said the defined benefit is “dying”. He argues that funds need to extract the benefits of such a plan in a sustainable model, namely defined ambition plans, which offer collective defined contribution (DC) schemes and money-back guarantees. “Collective DC […]
Investment Strategy

First MySuper licences issued

The first of the MySuper licences have been authorised by the Australian Prudential Regulation Authority (APRA), enabling licencees to offer their products from July 1, 2013. Sunsuper was the first superannuation fund in Australia to receive its licence for Sunsuper for Life, Lifecycle Investment Strategy;  Cbus announced its authorisation for Growth (Cbus My Super) shortly […]