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Superannuation benchmarks could lead to risky investments: McKell Institute We’re sorry, this service is currently unavailable. Please try again later. Dismiss Save Normal text size Advertisement Superannuation funds could pour members money into risky assets if new rules are introduced for the sector to meet proposed investment performance tests, with lobbyists and research firms warning the rules could have unintended consequences for retirement accounts. The McKell Institute executive director of superannuation James Pawluk, speaking at the Senate Economics Legislation Committee publi...

Senator proposes regulation to shut down superannuation lobby groups to save fees We’re sorry, this service is currently unavailable. Please try again later. Dismiss Save Normal text size Advertisement Superannuation industry lobby groups could be shut down under new legislation aiming to reduce retirement account fees and improve returns, with Liberal senator Andrew Bragg suggesting regulations could be introduced forcing representative bodies to merge. The federal government’s Your Future Your Super changes could be used to force consolidation among industry superannuation lobby g...

The federal government keeps pretending nothing is wrong Prime Minister Scott Morrison visiting CSL’s Melbourne facility, where the AstraZeneca vaccine is being produced. Image via Facebook There is by now no doubt that the federal government’s vaccine rollout is in shambles, after last week missing its target by millions and today being ranked 90 th in the world – “sandwiched between Bolivia and Albania” – with only 2.34 doses administered per 100 people. The media knows it, having been tracking the slowly unfolding crisis for months now. Experts recognise it, with one labelli...

HESTA is puzzled as to why the government’s proposed superannuation performance test is based on metrics before administration fees are deducted.

The government’s proposed superannuation performance test would be detrimental to the super system and is not in the best interests of members, according to Chant West.