The average superannuation fund in Australia grew by 14.7% in the last fiscal year, the third highest on record, powered by international and domestic equity holdings.
Tag : superannuation
Political tinkering with superannuation policy is damaging confidence in the system, says Australian funds association ASFA as it launches a survey to gather industry views.
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Compulsory default scheme MySuper and fee-for-advice could have a knock-on impact, while Australia's superannuation industry will increasingly reach out to the region.
Like other institutional investors, Australian’s $82 billion government fund is moving into riskier assets in search of higher returns.
Australia’s pension fund regulator slashes its projections for MySuper licence applications, indicating many operators may be looking to get out of the game, says industry body AIST.
The $21 billion superannuation fund appoints Brett Chatfield to its newly created internal investments team as part of a plan to reduce its reliance on asset consultants.
As Australia’s first generation of compulsory savers gets ready to retire, the country’s superannuation funds have a surprisingly heavy allocation to stocks, finds Towers Watson.
The former minister for superannuation in Australia, Nick Sherry, urges Taiwan and the rest of Asia to look no further than Canberra for clues on how to drive development in pension systems.
