Latest News

Vanguard Super hits $1bn, soft launches pension product

Vanguard Super has amassed $1 billion in funds under management in just over 12 months, while delivering the best-performing Lifecycle MySuper option of 2023 and quietly rolling out a retirement offering at half the cost of the incumbents'.

Super assets reach $3.7tn

Australians' nest egg jumped 10% to $3.7 trillion in the year to 2023 thanks to strong contributions and share market performance.

TelstraSuper sweetens parental leave policy

The superannuation fund is working to close the gender super gap among its employees, now paying the full-time Superannuation Guarantee to staff who return from parental leave on a part-time basis.

Rest awards impact mandate

Rest is $150 million closer to reaching its impact investment target after allocating to a listed equity fund.

Latest White Papers

Whistleblowing programs: ASIC's 'renewed focus'

ABIGAIL GILL, SARAH CLARKE, ANDREW LUMSDEN, MARISA ORR, CLARE MOULD   With ASIC set to intensify its regulatory focus on whistleblowing, now more than ever, it is crucial that organisations continue to undertake careful reviews of their whistleblower program to ensure they are compliant.

ASIC urge superannuation trustees to review IDR process

PHIL TURNER   This paper provides an overview of ASIC's expectations and recommendations

Global listed infrastructure

TIM HUMPHREYS   There is a significant opportunity for investors as global listed infrastructure is potentially rerated on improved earnings, according to Ausbil Investment Management head of global listed infrastructure Tim Humphreys.

Gold outlook 2024

WORLD GOLD COUNCIL   Gold had a strong 2023, defying expectations amid a high interest rate environment, and outperforming commodities, bonds and most stock markets.

Insurance inside your SMSF

BRENT SATILL   With the superannuation sector and self-managed superannuation funds (SMSFs) growing at a rapid rate, the need for public offer and industry superannuation funds to provide a compelling offer to members is more important than ever before.

ASIC report on life insurance in superannuation

SIMUN SOLJO, ALLY CROWTHER   This paper will highlight further action superannuation trustees should be taking as identified in REP 760 against the backdrop of their regulatory obligations.

AI implications across sectors and against ESG considerations

JESSICA CAIRNS   Alphinity partnered with the Commonwealth Scientific and Industrial Research organisation (CSIRO), Australia's premier national scientific research agency, to develop a Responsible AI (R-AI) framework for investors that will be published in a joint report later this year.

Superannuation funds to implement digital advice

RON MULLINS, JASON TONG, STEVE DAVISON   Superannuation funds have played a central role preparing Australians to fund their retirement lifestyle.

Defined benefit streams under the new superannuation rules

BRYAN ASHENDEN   Defined benefit interests are difficult to value in accumulation phase, as final benefits depend on length of service, final salary and other factors. Defined benefit income streams have commutation restrictions imposed by legislation and quite often, by fund specific rules.

Regulators crack down on super fund retirement strategies

LUKE HOOPER, GEORGIA BRADLEY   In July this year, ASIC and APRA released a report reminding superannuation funds that the time is now to focus on retirement strategies and consider how to best assist retirees in accessing and using the benefits available to them to make the most out of their retirement. This article considers the regulators' findings and what it means for trustees.

Insights into superannuation fund mergers

ZEIN EL HASSAN   This paper explores the different legal structures available to superannuation fund trustees that enable potential merger partners to access the benefits of scale on the pathway to full integration via a successor fund transfer (SFT).

Diversity in Australian superannuation leadership

ALEX JERVIS   This paper comprises excerpts from Johnson Partners 'Diversity in the Australian Industry Superannuation Funds' report November 2023.

Keeping members informed about retirement options

ANTHONY ASHER   As part of a current UNSW project researching the obstacles to the introduction of lifetime income streams faced by superannuation trustees, some interviewees have raised the legal restrictions on communicating with members.

Four ways super funds can elevate member experience

BHARAT BATHI   Despite the long-standing history of private pension plans, superannuation was introduced to Australians 30 years ago to help them support their retirement in a financially viable way.

"Strong, targeted enforcement action" on superannuation funds

KATIE WOOD, MATT SPAIN, VINCENT GIANG, ASHLEIGH RUSSO, NICK WIGNEY   With the compulsory superannuation regime and seemingly endless growth of retirement savings in Australia, it comes as little surprise that superannuation funds have and will continue to face increased scrutiny in 2024, with ASIC making its position clear that it will look to take "strong, targeted enforcement action".

Federal government issues its final response to the QAR

SIMUN SOLJO, ALLY CROWTHER   This paper provides a short overview of the Final Response. Following a period of consultation it is expected to progress to draft legislation towards the end of 2024.

The key to owning SMSF assets

SHELLEY BANTON   While it might appear straightforward, attention to detail is the key to owning SMSF assets. With Regulation 4.09A of the Superannuation Industry (Supervision) Regulations 1994 now one of the most reported breaches to the Australian Taxation Office (ATO), understanding how clear title works is fundamental for SMSF compliance.

The residency test

CATHERINE NUFER-BARR, REBECCA EDWARDS   In this paper the current requirements for the SMSF residency test will be explored.

Charitable superannuation bequests: Making giving easy

ANGELA JACKSON, EMILY MILLANE   This paper comprises excerpts from the same-titled report prepared by Impact Economics and Policy for Philanthropy Australia.

Tax concessional treatment of large superannuation balances

LETTY CHEN   On 28 February 2023, the federal government (government) announced that it would reduce the superannuation tax concessions available to individuals whose total superannuation balance (TSB) exceeds $3 million, from 1 July 2025.

Age of activism

JAMES FERNYHOUGH   UniSuper chief investment officer John Pearce talks to FS Super associate editor James Fernyhough about Westfield, company engagement, and the role of members in investment strategy.

A career in retrospect

JAMES FERNYHOUGH   In September, HESTA chief executive Anne-Marie Corboy announced that she would be standing down after 16 years at the helm of one of Australia's largest super funds. James Fernyhough caught up with her to hear her thoughts on HESTA's evolution, the purpose of superannuation, and why the media ...