Superannuation News

The latest superannuation news and tips

Alex Ritchie

Personal Finance Editor

Australia's superannuation system is failing women

The Australian Services Union (ASU) have released their findings from two surveys about retirement security, and they believe the results show that Australia’s compulsory superannuation system is “failing women”.

Superannuation

21 Jul, 2017

3 min read

Australia's superannuation system is failing women

Nick Bendel

Property & Personal Finance Writer

Unemployment holds steady at 5.6%

Australia’s unemployment rate has remained unchanged, after an increase in job was cancelled out by an increase in people looking for work.

Superannuation

21 Jul, 2017

2 min read

Mark Bristow

Personal Finance Editor

Is our superannuation system failing young Australians?

An upcoming research report aims to determine what changes would be required to make Australia’s superannuation system more compatible with the ‘gig economy’ that many young Australians depend on.

Superannuation

20 Jul, 2017

2 min read

Is our superannuation system failing young Australians?

Alex Ritchie

Personal Finance Editor

Government cracks down on unpaid super

If you’re one of the 3 million Aussies who have been shortchanged on super contributions, you’re in luck.

Superannuation

14 Jul, 2017

3 min read

Nick Bendel

Property & Personal Finance Writer

Government begins process to reform financial system

Australia’s financial system and superannuation system are to be the subject of two separate reviews by the Productivity Commission.

Superannuation

10 Jul, 2017

2 min read

Government begins process to reform financial system

Mark Bristow

Personal Finance Editor

Super trustees in breach of transparency requirements

To ensure compliance with transparency requirements around super fund websites, the Australian Securities & Investments Commission (ASIC) has intervened in relation to 21 of Australia’s superannuation trustees.

Superannuation

05 Jul, 2017

2 min read

Super trustees in breach of transparency requirements

Mark Bristow

Personal Finance Editor

Final stage of super review now underway

The federal government is briefly shifting its attention from Australia’s banking systems to its superannuation providers, commencing the final stages of a review into the efficiency and competitiveness of the superannuation system.

Superannuation

03 Jul, 2017

2 min read

Final stage of super review now underway

Mark Bristow

Personal Finance Editor

Industry confident but cautious around online super forms

Starting a new job often means a tour of your new workplace, some awkward co-worker introductions, and digging out your superannuation details to fill out a complex set of paper forms. Upcoming changes to payroll requirements from the Australian Tax Office (ATO) could help to digitally streamline the superannuation selection process, though some industry bodies are concerned that important consumer protections could be overlooked.

Superannuation

28 Jun, 2017

2 min read

Industry confident but cautious around online super forms

Nick Bendel

Property & Personal Finance Writer

Industry funds outperform bank-owned funds

Industry superannuation funds have delivered better returns than bank-owned super funds over the past 10 years, according to new data.

Superannuation

23 Jun, 2017

2 min read

Industry funds outperform bank-owned funds

Alex Ritchie

Personal Finance Editor

Call for domestic violence to be a condition to access super early

Health employee super fund HESTA has recommended that family violence and financial abuse be added to Superannuation Industry Supervision Regulations as compassionate grounds.

Superannuation

20 Jun, 2017

2 min read

Call for domestic violence to be a condition to access super early

Nick Bendel

Property & Personal Finance Writer

Super funds have staggering' opportunity with farming

Industry superannuation funds should be enticed to substantially increase their stake in Australian agriculture, a new report has argued.

Superannuation

14 Jun, 2017

2 min read

Super funds have staggering' opportunity with farming

Mark Bristow

Personal Finance Editor

Simpler super working wonders

Confused about your superannuation? You’re not alone. A new report from Industry Super Australia (ISA) shows that the plethora of options being offered by banks are leading to everyday Australians making suboptimal super decisions.

Superannuation

07 Jun, 2017

2 min read