The All groups CPI figure for the December 2020 quarter has triggered upward indexation of the general transfer balance cap (TBC) and any unused part of an individual's TBC from 1 July 2021. This sounds like good news, but the bad news is that the ... Read more

The risk of members outliving their retirement savings presents a significant challenge for retirees and superannuation funds alike. With the Retirement Income Covenant (the covenant) set to come into force on 1 July 2022, super funds need to consider ... Read more

Superannuation funds typically offer three types of insurance to members. Read more

Digital advice is set to play a vital role for superannuation funds wanting to engage their growing memberships and steer them toward better retirement outcomes, says Midwinter's Steve Davison. Read more

Superannuation fund members are not all the same; but neither are they all entirely different. Read more

It is generally well understood that an individual is unable to include directions in their Will in relation to the distribution of death benefits by a superannuation fund trustee. Read more

SMSF trustees now need to use, or at least be preparing to use, SuperStream when rolling monies in or out of their fund with the Australian Taxation Office (ATO) stating that 1 October 2021 is a hard deadline and no further extensions will be granted. ... Read more

A trustee's responsibility extends beyond just the fund, they are also obliged to oversee all of the members' interests. Read more

A central component of effective impact investing is that investors do not need to make a binary distinction between impact and returns. Read more

In the 2021 Federal Budget, the government proposed expanding eligibility to make downsizer contributions to individuals 60 and over, from previously 65 and over, allowing more individuals from an expected start date of 1 July 2022 to use these rules ... Read more

The importance of superannuation to society means superannuation funds are rightly assessed against rigorous investment objectives. Focus has traditionally been on investment returns versus a CPI-based target and versus peer products with similar exposures ... Read more