The latest fund level statistics released today by Australian Prudential Regulatory Authority (APRA) show not for profit super funds are continuing to significantly outperform retail superannuation funds over the long term. Industry Super Network Deputy Chief Executive, Alison McIvor, said … Continue reading
While addressing the adequacy of Australia’s retirement income system will help improve retirement incomes, equity within the system also needs to be reviewed. Three key reforms could increase the retirement accumulations of low and middle income earners by up to … Continue reading
The high standard of professional excellence demonstrated by Industry SuperFunds has once again been on show in this year’s AIST Awards for Excellence. Designed to recognise the contribution of funds and individuals to the professionalism and growth of the representative, … Continue reading
A new Default Fund Finder tool has been launched to assist employers to find the Industry SuperFunds listed in their industry’s Modern Award. Following introduction of the new Modern Award regime on 1 January 2010, some employment awards specify into … Continue reading
Industry SuperFunds are increasingly providing their members with cost-effective limited financial advice, so any new regulatory regime covering this type of advice must not impose unnecessary duplication or costs. Industry SuperFunds use a variety of business models to deliver limited … Continue reading