self-managed super funds

Unintentional

Numbers moving to SMSF stalls

David Atkin, chief executive of Cbus has declared the growth in members of industry funds leaving for self-managed super funds at an end. The announcement comes the same day the scheme launches a member direct platform to cater for large account holders who want to manage their own investments. “Members moving to SMSF is an […]
Retirement

Equip to target disenchanted SMSF holders with MyPension

Equip is targeting retired ex-members in self-managed super funds (SMSFs) with its new MyPension product and also hopes to offer it on a white-label basis to others. In its first major product launch since MySuper, Equip has focused on meeting the needs of the high proportion of members in its fund who are approaching retirement […]
Hedge Funds

Ridout: not enough infrastructure projects

It’s a shortage of projects, not capital, that’s impairing Australian infrastructure, according to AustralianSuper chair Heather Ridout. Speaking at the Australian Centre for Financial Studies’ Funding Australia’s Future Forum, she said industry superannuation funds are best placed to invest in Australia’s infrastructure. “Industry funds are ideal vehicles because we have a relatively more passive investor […]
Unintentional

Qantas Super excels at segmentation

Cheap, effective member segmentation starts with an Excel spreadsheet, according to Jane Perry, chief executive of Qantas Super, who has recently used it to initiate targeted communications. The fund’s return on investment has been a 23 per cent response rate to a targeted mail shot aimed at gaining email and mobile phone numbers from members […]
Governance

HOSTPLUS to offer “soft merger” platform

HOSTPLUS is inviting smaller funds to join them in a “soft merger” by giving access to its investments in a pooled superannuation trust. The fund is building a platform, which it hopes to have ready by the end of the year, that will give other fund and SMSFs access to each investment on a unit […]
Opinion

SMSFs no threat to super funds

Self-managed super funds are more likely to contract than expand over the next decade, making them no threat to superannuation funds, says Equipsuper chair and superannuation lawyer at DLA Piper, Andrew Fairley. He believes predictions that numbers will increase dramatically are unfounded. “If I look over the next 10 years, I think we’re going to […]