superannuation

Vanguard Group Inc. has drawn many headlines in recent weeks following its decision to “give back” billions of dollars in investment mandates to Australian industry funds. According to Bloomberg reports, the group has been implementing similar strategies in China and throughout the world. The return of (or what some see as a refusal to continue…

New option for MySuper products allows mass customisation Russell Investments has developed what it says is a ‘game changer’ for superannuation in Australia – the first mass customised retirement solution. It is currently available only to members in the Russell Master Trust, but the firm will offer access through other super funds down the track….

Aussie fund manager gives Budget an ‘F’ for FAIL The head of the Australian wealth and superannuation manager Nucleus Wealth, Damien Klassen, has drawn a pointed analysis of the Morrison/Frydenberg budget strategy. “The budget misses the mark bigtime, by focusing on the supply side of the economic equation when in fact the biggest issue by…

The term balanced fund has been somewhat maligned after being the core product of insurance salesmen throughout the 70s and 80s to the catch all for high and low risk superannuation options it is today. Yet with uncertainty comes opportunity, and a new breed of ‘balanced fund’ is emerging. The All-Weather portfolio, run by Melbourne-based…

The Federal Government delivered it’s delayed but much needed annual Budget last week. The conclusion: massive deficits, tax cuts and a boon for businesses large and small. Whilst positive, there was little in the way of support for the businesses most impacted by forced Government shutdowns, being tourism, travel and education, with the Budget effectively…

The pandemic has been devastating to everyone around the world, but among those hardest-hit have been self-funded retirees. The combination of dividend cuts and near-zero interest rates is forcing more Australians to eat into their capital, as they deal with higher prices for everything from food and water to basic services. The 50 per cent…

This week Stockspot released its yearly 2020 Fat Cat Funds Report. The report was put together to expose the best and worst-performing superannuation funds throughout the year, in a bid to drive lower fees, improve performance and bring about change. Stockspot compared 600 multi-asset investment options offered by Australia’s largest 100 super funds to find…

Impact Investment Group (IIG) announced the launch of its new $70 million impact investment fund designed to balance profit and purpose with a sustainable and socially conscious investment thesis. Inside Investor’s Ishan Dan spoke with IIG CEO and Co-Fund Manager Daniel Madhavan about the fund and about his career at Impact Investment Group. For those…

The ATO delivered some positive news, approving fractional property investment platform Domacom’s’ application to broaden the use of the $300,000 downsizer contribution.

The Australian Taxation Office has announced it will take no prisoners in situations where applicants are found deliberately exploiting the early release super system. The tax office has already stopped applications and prevented super money from being released and reviews circumstances after an application has been processed. Members, who have lost their job or had…