|
Date
|
Topic
|
| 19 Feb 2010 |
Cooper's super won't deliver cost-savings - AIST's
response to Phase One Cooper Review
The new model for super funds proposed by the Cooper Review into
Australia‟s super sector would lead to higher costs and lower
returns to members, The Australian Institute of Superannuation
Trustees (AIST) warned today. |
| 19 Feb 2010 |
Renovating the super house - or bulldozing
it?
Four of the leading bodies for Australia's
superannuation industry have today called for the Cooper Review
Panel to reconsider its 'choice architecture' recommendations |
| 11 Feb 2010 |
New Post Graduate Qualifications for Australia's
burgeoning superannuation sector: A new university
course designed to cater for industry professionals in Australia's
rapidly expanding $1.1 trillion superannuation industry has been
launched by the Australian Institute of Superannuation
Trustees (AIST) and Victoria University
(VU) in Melbourne. |
| 1 Feb 2010 |
Report highlights need for debate on retirement
savings: Treasury projections that almost 80 per cent
of Australians will still be reliant on some form of age pension in
the year 2050 has highlighted the need for further debate on
retirement income adequacy, the Australian Institute of
Superannuation Trustees said today. |
| 26 Jan 2010 |
AIST welcomes Henry focus on retirement income
security but warns 9% won't be enough: The Australian
Institute of Superannuation Trustees (AIST) today welcomed reported
proposals from the Henry Tax Review for retirees to swap super
payments for a government-provided guaranteed lifetime income
scheme. The concept is believed to be among a number of measures
contained in the Henry Tax Review findings currently before
Treasurer Wayne Swan. |
| 20 Jan 2010 |
10/10 for Not-For-Profit super during the
Noughties: The Australian Institute of Superannuation
Trustees today welcomed the release of new figures confirming the
dominance of not-for-profit funds in superannuation performance
tables over the past decade. |
| 15 Dec 09 |
AIST 2009 Awards recognise fund staff
excellence Facebook advertising as part of an innovative marketing
campaign has seen Hesta Super take out AIST's platinum
Communications Award for 2009. One of ten winners in AIST's 2009
'Awards for Excellence', Hesta used Facebook to target student
nurses aged 18-23 and achieve a sign-up rate of about
800. |
| 14 Dec 09 |
Cooper submission Phase 2: Eight steps forward to a 21st century super system
- AIST's response to Cooper Review (Phase 2) AIST -
the peak representative body for the $450 billion not-for-profit
super sector - has recommended 8 key measures to the Cooper review
that it believes are necessary to increase the operational
efficiencies of Australia's super sector. |
| 8 Dec 09 |
AIST welcomes new Shadow Minister for Super
The Australian Institute of Superannuation Trustees
(AIST) - the peak representative body for the $450 billion
not-for-profit superannuation industry - today congratulates Mr
Luke Hartsuyker on his new appointment as Shadow Minister for
Consumer Affairs, Financial Services, Superannuation and Corporate
Law. |
| 16 Oct 09 |
Cooper Submission: Only not-for-profit funds put members'
interests first
The Australian Institute of Superannuation Trustees
(AIST) - the peak representative body for the $450 billion
not-for-profit superannuation industry - has called on the Cooper
Review not to tamper with the Representative Trustee model which
has delivered superior retirement outcomes for millions of
Australians over many decades. |
| 24 Sep 09 |
Share market rebound halts slide in super
top-ups: AIST
A near doubling of voluntary superannuation contributions over
the past three months suggest member confidence in superannuation
is improving, in line with the recent upswing on Australian and
overseas share markets, the Australian Institute of Superannuation
Trustees (AIST) said today. |
| 18 Sep 09 |
Role of superannuation trustees key to
low-emission future
Today the Investor Group on Climate Change (IGCC) and the
Australian Institute of Superannuation Trustees (AIST) will launch
a guide to help superannuation trustees incorporate climate change
in their investment decisions. |
| 17 Sep 09 |
Member inertia highlights importance of
Super Fund Default Design
New research showing that the vast majority of super fund members
stayed put during the worst
of the global financial crisis raises questions about the role of
member investment choice and puts the emphasis firmly back on the
design of default funds, the Australian Institute of Superannuation
Trustees said today. |
| 17 Sep 09 |
Asset consultants slow to tackle climate
change
Most of Australia's asset consultants acknowledge that their super
fund clients face risks from climate change exposure but few
currently provide comprehensive services to help funds manage and
assess this risk, the results of the first Climate Change Asset
Consultants' Survey show. |
| 31 Aug 09 |
Women need better pay deal on
Super
The Australian Institute of Superannuation Trustees (AIST) - the
peak representative body for the $400 billion not-for-profit
superannuation industry - today called on the Government to take
the opportunity of tomorrow's Equal Pay Day to bridge the
superannuation gender gap through a range of reforms. |
| 20 Aug 09 |
APRA data puts welcome emphasis on long
term super fund performance
The Australian Institute of Superannuation Trustees (AIST)
today welcomed the release of Australian Prudential Regulatory
Authority (APRA) fund performance tables, saying the new tables
would further promote transparency and accountability across the
$1.1 trillion super industry and, importantly, put the emphasis
back on the longer term performance of super funds. |
| 18 Aug 09 |
AIST/Tyndall 2009 scholarship winners
announced
The Australian Institute of Superannuation Trustees
(AIST) and Tyndall Investment Management are pleased to announce
that the recipients of this year's 2009 AIST Educational
Scholarships are: |
| 27 Jul 09 |
Not-for-profit super funds deliver superior
profits to members
Not-for-profit superannuation funds have outperformed retail master
trust funds by more than 2.3 per cent a year for the past 10 years,
according to the latest end-of-financial year figures from
Rainmaker Information. |
| 9 Jul 09 |
New guidelines mean super fund members will
be better informed
The Australian Institute of Superannuation Trustees (AIST) - the
peak representative body for the $400 billion not-for-profit
superannuation industry - welcomes today's release by the
Australian Securities and Investments Commission (ASIC) of
guidelines to better enable super funds to provide their members
with low-cost advice about their existing superannuation
accounts. |
| 7 Jul 09 |
AIST appoints new chair of
policy
The Australian Institute of Superannuation Trustees (AIST) has
appointed Gerard Noonan, to the role of Chair of the AIST Policy
Committee. Mr Noonan - the current chair of Media Super - replaces
Sandy Grant, who was recently appointed to the panel of the Cooper
Review into Superannuation. |
| 2 Jul 09 |
Down but far from out…super still delivers
over the long term
The Australian Institute of Superannuation Trustees (AIST) -
the peak representative body for the $400 billion not-for-profit
superannuation industry - today urged Australians to keep their
faith in superannuation in the wake of another year of negative
returns for super funds. |
| 24 Jun 09 |
Government urged to prioritise restoring
confidence in super
Double-digit negative returns means confidence is the key
issue facing super: AIST
As many Australian superannuation funds prepare to report a second
consecutive year of double-digit negative returns, The Australian
Institute of Superannuation Trustees (AIST) - the peak
representative body for the $450 billion not-for-profit sector -
has urged the new Federal Minister for Superannuation, Mr Chris
Bowen, to prioritise restoring confidence in our superannuation
system. |
| 19 Jun 09 |
Investors call for climate policy
certainty
Peak investor groups whose members represent more than $450
billion of investments and an independent research institute issued
a joint call today for regulatory certainty on climate change
policy. |
| 17 Jun 09 |
Transparent fee structure a step in the
right direction
The Australian
Institute of Superannuation Trustees (AIST) - the peak
representative body for the
$450 billion not-for-profit superannuation sector - welcomes
today's announcement by the
Investment and Financial Services Association (IFSA) of a new, more
transparent, fee charter for
financial planners providing advice on superannuation
investment.
|
| 12 Jun 09 |
Climate Change "Asset Consultants" Survey
launched
The Climate
Institute and the Australian Institute of Superannuation Trustees
(AIST) today launched the first survey into the opinions and
capabilities of asset consultants on climate change risk and
opportunity.
|
| 07 Jun 09 |
AIST welcomes new Minister for Financial
Services & Superannuation
The
Australian Institute of Superannuation Trustees (AIST) welcomes The
Hon. Chris Bowen as the new Minister for Financial Services,
Superannuation & Corporate Law (and Minister for Human
Services) as announced yesterday by the Prime Minister.
|
| 02 Jun 09 |
Review an opportunity for greater
efficiencies in super: peak body
The Australian Institute of Superannuation Trustees (AIST) - the
peak representative body for the $450 billion not-for-profit
superannuation industry and a signatory to the Government's
Communique of Principles - welcomes today's announcement by the
Minister of Superannuation Nick Sherry of the terms of reference
and expert panel for the Government's review of Australia's $1.1
trillion superannuation system. |
| 18 May 09 |
Minister Sherry launches AIST's new ESG
course
The Australian Institute of Superannuation Trustees (AIST) and the
Minister for Superannuation, The Hon. Senator, Nick Sherry, today
launched a new AIST course to provide super funds with guidance on
incorporating ESG issues into their investment
strategies. |
| 18 May 09 |
Baby boomers need a fairer deal from super
reforms
The Australian Institute of Superannuation Trustees (AIST) - the
peak representative body for the $450 billion not-for-profit
superannuation industry - today called on the government to
re-think its super budget reforms for older workers, warning that
the new rules on concessional tax limits could hamper plans for
last-minute super top-ups. |
| 15 May 09 |
Don't shift age pension or preservation
goal posts: AIST
Locking away super will discourage saving - preservation goalposts
should NOT be moved.The Australian Institute of Superannuation
Trustees (AIST) - the peak representative body for the $450 billion
not-for-profit superannuation industry - today warned that lifting
the superannuation preservation age would discourage super as a
savings vehicle and ultimately harm the Australian
economy. |
| 13 May 09 |
Budget begins process of super reform:
AIST
Changes to superannuation tax concessions and an increase in age
pension payments announced in tonight's budget are a step in the
right direction towards a more equitable and sustainable retirement
system, according to the Australian Institute of Superannuation
Trustees (AIST) the peak representative body for the $450 billion
not-for-profit superannuation sector. |
| 5 May 09 |
Good governance but not enough young blood
- super fund survey
Trustee directors of not-for-profit super funds are overwhelmingly
confident that their funds are well-governed but believe
improvements are needed in board succession planning, according to
new research, commissioned by the Australian Institute of
Superannuation Trustees. |
| 29 Apr 09 |
Peak body welcomes super industry
examination
The Australian Institute of Superannuation Trustees (AIST) - the
peak representative body for the $450 billion not-for-profit
superannuation industry - welcomes today's release by the
Government of a superannuation communiqué of principles, of which
AIST is a signatory along with other peak bodies in Australia's $1
trillion super sector. |
| 20 Apr 09 |
Guidelines on unlisted asset valuations
welcomed: AIST
The Australian Institute of Superannuation Trustees (AIST) today
welcomed new APRA guidelines on unlisted asset valuations, saying
they would provide super funds with a comprehensive checklist for
ensuring that such valuations were accurate, independent and
up-to-date. |
| 3 Apr 09 |
Guidance on Conflicts of Interest
Welcomed
The Australian Institute of Superannuation Trustees (AIST) today
welcomed moves by the Australian Prudential Regulation Authority
(APRA) to produce a 'conflict of interest' guide for superannuation
funds. |
| 25 Mar 09 |
Call for Age Pension increase : peak super
body
The Australian Institute of Superannuation Trustees (AIST) today
called on the Government to increase the age pension for singles to
$16,000 a year in the upcoming Budget. |
| 24 Mar 09 |
Not-for-profit super funds could outperform
by as much as 40% at retirement
Conflicts of interest at board level may be a factor in under
performance |
| 23 Mar 09 |
Most super investors expect their returns
to be worse this year: AIST Newspoll
survey
Despite most Australians expecting their super returns to be worse
this year, one in two workers think their super fund provider is
doing a good job with their super in the current economic downturn,
a new consumer survey has found. |
| 23 Mar 09 |
Super Funds at "First Base" on Climate
Change
Australia's largest superannuation funds acknowledge climate change
as a risk to investments but steps to manage it are only in their
infancy, results of the first comprehensive climate change
investments survey released today shows. |
| 4 Mar 09 |
AIST/ISN calls for major reform: Henry
Review Submission
Improve the equity and efficiency of the super system before
increasing contributions levels:
Industry super and not for profit funds
Also find:
AIST/ISN's joint submission to the Henry
Review into Retirement Income Systems
AIST/ISN simulation paper on retirement
incomes |
| 18 Feb 09 |
AIST welcomes pension draw down
relief
AIST welcomes today's announcement by the Government that retirees
will receive relief from minimum account-based pension
draw-down... |
| 9 Feb 09 |
Calls for green economic
stimulus
In December 2008, the Southern Cross Climate Coalition (the
Australian Conservation Foundation... |
| 3 Feb 09 |
Industry bodies band together to urge
Australians to keep the faith with their
super
Ahead of the release of interim superannuation statements to
members, AIST has combined with
nine of Australia's peak industry bodies to release a communiqué
outlining the strengths of the
Australian superannuation industry as well as key issues members
need to understand in this
current global financial crisis. |
| 22 Jan 09 |
AIST CEO Fiona Reynolds Comments on super
system supposed "train wreck"
But far from being the "train wreck" that Mirko Bagaric envisages
(The Australian, January 19), our
compulsory super system is widely recognised as having helped to
keep our economy on track,
in addition to its other key objective of having provided security
and generational equity for
millions of Australians in their retirement. |
| 20 Nov 08 |
Not-for-profit super body welcomes moves to
inform consumers
The Australian Institute of Superannuation Trustees (AIST) has
welcomed today's announcement that APRA is seeking feedback on
super fund performance tables aimed at helping consumers make
informed decisions about their super. |
| 30 Sept 08 |
Super scheme for parents - at home and in
their retirement
The Australian Institute of Superannuation Trustees (AIST) has
applauded the Productivity
Commission's recommendation for 18 weeks of paid paternal leave,
noting that the inclusion of a superannuation component in the
Scheme would provide a much needed, and long overdue,
boost to the retirement outcomes of Australian women. |
| 25 Sept 08 |
Nick Sherry launches AIST/Climate Institute
fund survey
The world's most comprehensive initiative designed to assist super
funds manage the risks and maximise the opportunities associated
with climate change was launched today at Parliament House by
Federal Minister for Superannuation, the Hon. Senator Nick
Sherry. |
| 24 Sept 08 |
Super contributions up…but not up enough:
AIST
The Australian Institute of Superannuation Trustees (AIST) today
welcomed the news that more
Australians were benefiting from the Government's Co-contribution
Scheme but called on the
Scheme to be enhanced for low-income earners. |
| 12 Sept 08 |
Super fund groups support the Carbon
Pollution Reduction Scheme
Australia's $450 billion not-for-profit superannuation sector today
urged the Federal Government to maintain its commitment to commence
the Carbon Pollution Reduction Scheme in 2010, warning that early
and decisive intervention on climate change was necessary to reduce
costs to investors and the community. |
| 9 Sept 08 |
Carbon costs - Opportunities and risks for
Australian super funds
New research released today reveals a wide divergence between the
carbon performance of
some of Australia's largest superannuation funds. However the
research also suggests
superannuation funds that employ carbon-efficient investment
strategies could maintain returns
and portfolio diversification under a carbon-emission trading
scheme. |
| 2 Sept 08 |
AIST scholarship winners to focus on ESG
issues and leadership
The Australian Institute of Superannuation Trustees (AIST) and
Tyndall Investment Management are pleased to announce that this
year's 2008 AIST Educational Scholarships have been awarded to
three AIST members. |
| 1 Sept 08 |
AIST Awards to recognise fund staff
excellence
AIST is pleased to announce the launch of an annual "Awards for
Excellence' program to
recognise the contribution made by fund staff to the superannuation
industry and the retirement incomes of all Australians. |
| 27 Aug 08 |
Less pay now means gender gap is even
greater in retirement
Female pay inequity and lower workforce participation costs the
average Australian woman up to one third of her potential
superannuation payout at retirement, according to the Australian
Institute of Superannuation Trustees. |
| 6 Aug 08 |
Tax review opportunity to plug the gaps in
retirement incomes policy
Female pay inequity and lower workforce participation costs the
average Australian woman up to one third of her potential
superannuation payout at retirement, according to the Australian
Institute of Superannuation Trustees. |
| 29 July 08 |
Sharemarket uncertainty means time is ripe
for personalised super projections
The Australian Institute of Superannuation Trustees (AIST)
today welcomed moves by the Australian Securities and Investments
Commission (ASIC) to make it easier for funds to provide
personalised superannuation forecasts for their
members. |
| 6 June 08 |
Paid maternity leave must include
super
Superannuation must not be ignored in any paid maternity
leave scheme, AIST warned today following the passing of the
deadline for submissions to the Productivity Commission
inquiry. |
| 1 June 08 |
Under-insured and most don't know it: Super
fund survey
According to new research, one in two industry super funds
members are under-insured by $100,000 or more and a disturbingly
high proportion overestimate the amount of personal insurance they
actually have. |
| 28 May 08 |
First Home Saver Accounts too difficult for
many super funds: Survey
Less than one third of the $450 billion not-for-profit super sector
appears likely to offer a First Home Saver Account according to a
survey bythe AIST. |
| 23 May 08 |
New super rules to rob temporary overseas
workers of millions
The Federal Government's proposed superannuation changes for
temporary residents could cost overseas workers nearly $1 billion
in super, the Australian Institute of Superannuation (AIST) said
today. |
| 14 May 08 |
Federal Budget 2008 - safe, sensible but
not so super
AIST today welcomed the first Rudd Budget as a safe and
sensible budget with its focus on helping middle Australia through
measures such as income tax cuts whilst maintaining the right
environment for economic growth, infrastructure investment and
lower inflation. |
| 9 May 08 |
Less well-off need $3 billion super
boost
Today AIST called on the Rudd Government to enhance the
superannuation Co-contribution Scheme to improve retirement
outcomes for low to middle income earners. |
| 8 May 08 |
Not-for-profit super - a winner on all fronts:
AIST
Members of not-for-profit super funds can rest assured that their
money is in the right hands with new research suggesting the
structure of these funds is an important factor behind their
investment out-performance.
|
| 1 May 08 |
Same-sex superannuation reform long
overdue: AIST
AIST today welcomed the Rudd Government's proposal to remove
same-sex discrimination in superannuation law, as well as tax, aged
care and other Commonwealth programs. |
| 12 April 08 |
Super should be a last-resort option for
mortgage stress - AIST
The Australian Institute of Superannuation Trustees (AIST)
today warned home borrowers to be wary of mortgage lenders
promoting products that promised easy-access to superannuation in
the event of a loan default. |
| 18 Mar 08 |
Co-contribution scheme fails to excite
those who need it most
The Australian Institute of Superannuation Trustees today
called for the Government to make its super cocontribution scheme
more attractive to low-to-middle income households and younger
Australians. |
| 18 Mar 08 |
Attitudes to super highlight need for
more certainty
Most Australians are confused about their superannuation and
nearly three quarters of us are not confident we will have enough
super to retire on, according to a landmark study released today on
Australian attitudes to superannuation. |
| 17 Mar 08 |
Call to boost the retirement savings of the
low paid and women
The Australian Institute of Superannuation Trustees (AIST) today
called on the Rudd Government to help boost the retirement savings
of the low paid and women. |
| 14 Mar 08 |
Make super fair for all with bi-partisan
support
The Australian Institute of Superannuation Trustees (AIST) today
called for a more equitable national retirement incomes scheme and
bi-partisan support to back it. |
| 11 Mar 08 |
First home buyer scheme must be first-rate
for those in need
Measures to ensure that the proposed First Home Saver
Accounts help those most in need were released today in a joint
government submission between AIST , ISN, and IFF. |
| 12 Feb 08 |
Home savings plan: Opportunities and
challenges for super funds
The Australian Institute of Superannuation Fund Trustees (AIST) is
seeking feedback from its member funds on the Government's proposed
First Home Saver Accounts (FHSAs) |
| 11 Feb 08 |
AIST Pre-Budget Submission: Super system
needs to be fair to all
Measures to ensure that middle to low-income earners get a better
deal from Australia's retirement income policy were proposed by
AIST in its pre-Budget submission released today. |
| 23 Jan 08 |
Super secure despite market
volatility
The Australian Institute of Superannuation Fund Trustees (AIST)
today urged Australians not to be put off investing in super in the
wake of recent sharemarket volatility. |
| 19 Dec 07 |
Seven steps for a Super New
Year
To help get your super matters up to speed in 2008, AIST has
prepared this list of New Year 'super' Resolutions. |
| 18 Dec 07 |
Early-release of super must be last-resort
measure
Dipping into super savings to meet home mortgage payments
should always be a last resort measure, AIST said
today. |
| 10 Dec 07 |
Not-for-profit funds have excellent record
of compliance
NFP super funds had an exemplary record in meeting their
compliance requirements, AIST said yesterday. |
| 7 Dec 07 |
Not-for-profit sector attracts fewer SCT
complaints
AIST congratulates the industry and public sector super funds
on the continuing low level of member complaints referred to the
SCT. |
| 29 Nov 07 |
AIST welcomes back Senator
Sherry
AIST welcomes today's appointment of Senator Nick Sherry to
the position of Minister responsible for Superannuation and
Corporate Governance. |
| 27 Nov 07 |
AIST staff appointment
AIST
appoints a new Superannuation Trustee Training Consultant
|
| 26 Nov 07 |
Low income earners to be hit by super tax
penalty
As the
ATO steps up its campaign to collect TFNs from super fund members,
AIST has warned that ordinary working Australians stand to miss out
on the full accumulation benefits of their super savings.
|
| 5 Nov 07 |
First home saver accounts a welcome move
AIST
welcomes the first home saver account scheme proposed by the ALP,
saying it will reinforce the positive savings culture broughtabout
by compulsory super.
|
| 10 Oct 07 |
AIST rejects proposal to increase pension
retirement age
AIST
has rejected calls for the pension retirement age to be raised to
67.
|