News & Media

Tuesday, 11 December 2018

AIST welcomes longer transition period for fee and cost disclosure requirements

The Australian Institute of Superannuation Trustees (AIST) has welcomed today’s announcement from the Australian Securities and Investments Commission (ASIC) that the transition periods for key fee...

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Thursday, 6 December 2018

New law to improve compliance with superannuation obligations among small business

The Australian Institute of Superannuation Trustees (AIST) has today welcomed the passage of legislation to help ensure small businesses comply with their legal obligation to pay superannuation fo...

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Wednesday, 5 December 2018

AIST Awards celebrate achievements of $1.3 trillion profit-to-member super sector

A focus on targeted, personalised communication about superannuation was a key theme among winning campaigns at last night’s Australian Institute of Superannuation Trustees (AIST) Awards for Excell...

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Monday, 3 December 2018

New research reveals how consumer protection in superannuation has been watered down

Successive governments have provided dozens of regulatory carve-outs and concessions to products, benefitting banks and other retail super providers over more than a decade, according to a new rese...

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Tuesday, 20 November 2018

Domestic violence measures welcome but Government’s economic package falls short on improving retirement outcomes for women

The Government’s newly announced Women’s Economic Security Statement was a missed opportunity to improve retirement outcomes for women, said the Australian Institute of Superannuation Trustees (AIS...

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Wednesday, 14 November 2018

Welcome move to ensure super funds members who need insurance don’t lose it

The Australian Institute of Superannuation Trustees (AIST) has welcomed today’s announcement from the Opposition that it will move to amend key measures in the insurance in superannuation package n...

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Wednesday, 7 November 2018

12% super needed to deliver a dignified retirement for all working Australians

Moving to 12% superannuation is vital to ensure that all working Australians achieve a dignified standard of living in retirement, the Australian Institute of Superannuation Trustees (AIST) said t...

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Wednesday, 31 October 2018

AIST member funds are AFCA-ready

The Australian Institute of Superannuation Trustees (AIST) has today welcomed the launch of the new financial complaints body, the Australian Financial Complaints Authority (AFCA). Designed to be a...

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Thursday, 25 October 2018

AIST welcomes end to decades of unfairness for WA de facto couples on super splitting

The Australian Institute of Superannuation Trustees (AIST) has welcomed an announcement by the Federal Attorney-General today that separated de facto couples in Western Australia will soon be able ...

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Wednesday, 19 September 2018

Labor’s super proposals an important step to improving retirement outcomes

The Australian Institute of Superannuation Trustees (AIST) welcomes Labor’s pre-election commitment that it will pay superannuation on government paid parental leave and scrap the minimum $450 mont...

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Monday, 17 September 2018

Super’s next decade – where would you rather be?

Australian workers who invest their super in funds outside the high performing MySuper sector could be as much as $52.5 billion worse off in a decade’s time, according to new research from Rice War...

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Thursday, 6 September 2018

Scrapping pension age increase a win for older workers: AIST

The Australian institute of Superannuation Trustees (AIST) has welcomed today’s announcement by Prime Minister, Scott Morrison, that the Government will not proceed with its policy to raise the acc...

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Wednesday, 5 September 2018

AIST CEO Eva Scheerlinck opening address at ASI 2018

Profit-to-member super has been in a defensive position for longer than we all care to remember. We have had to defend against attacks on the compulsory nature of superannuation by those who would ...

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Wednesday, 29 August 2018

AFR opinion piece (Aug 2018): Retail trustees, with their independent directors, were unable to protect members from fee gouging and other misconduct. They should be barred from MySuper

The Government’s fixation with industry super funds and its desire to break up the role of union and employer groups on industry fund boards looks like it has been finally laid to rest. In pursing...

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Monday, 20 August 2018

Government’s rejection of key Senate recommendations a setback for the retirement outcomes of Australian working women

The Turnbull Government’s disregard for key Senate recommendations on reforming super was disappointing and a setback for the retirement outcomes of Australian women, the Australian Institute of Su...

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Monday, 6 August 2018

AIST Statement on the Royal Commission

The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry begins its Round Five hearings today in Melbourne. The focus of Round Five is superannuation, wit...

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Wednesday, 25 July 2018

Industry funding for new dispute body must avoid cross subsidisation

Funding for the newly-established Australian Financial Complaints Authority (AFCA) must avoid cross subsidisation by stakeholders, including super funds, The Australian Institute of Superannuation ...

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Tuesday, 24 July 2018

AIST welcomes report on fee and cost disclosure in superannuation

The Australian Institute of Superannuation Trustees (AIST) has today welcomed the release of a comprehensive report into the fee and cost disclosure regime for superannuation funds. AIST CEO Eva S...

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Tuesday, 29 May 2018

Consumer interests best served by existing industrial-based default super system: AIST responds to Productivity Commission

The Australian Institute of Superannuation Trustees (AIST) today reiterated its support for an industrial-based default fund selection process, noting this model had a strong track record of protec...

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Wednesday, 16 May 2018

FSC and AIST team up to help fund managers tackle new operational due diligence

The Financial Services Council (FSC) and the Australian Institute of Superannuation Trustees (AIST) have today released further guidance tools to help fund managers prepare their operational due di...

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Tuesday, 8 May 2018

Welcome measures to tackle lost super but super gender gap ignored AIST Budget response

The 2018/19 Federal Budget delivered welcome measures for the efficiency of the super system, but disappointedly did little to improve retirement outcomes for women, the Australian Institute of Sup...

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Wednesday, 11 April 2018

AIST announces new president

The Australian Institute of Superannuation Trustees (AIST) has today announced the appointment of Catherine Bolger as its new President. AIST CEO Eva Scheerlinck said the AIST board was delighted ...

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Wednesday, 4 April 2018

AIST calls on the Government to confirm its support for lifting super to 12%

The Australian Institute of Superannuation Trustees (AIST) has called on the Government to confirm its commitment to increasing the compulsory super rate to 12 per cent.

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Tuesday, 27 March 2018

Reforming payslip reporting will help address super ‘theft’

AIST has reiterated its call to reform payslip reporting to help address the problem of unpaid super, which is estimated to cost workers more than $2.8 billion each year.

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Tuesday, 27 March 2018

AIST welcomes focus on consumer outcomes for insurance in super

The Australian Institute of Superannuation Trustees (AIST) today welcomed the release of the Parliamentary Joint Committee report on life insurance which contains key recommendations to improve con...

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Monday, 19 March 2018

Research shows widespread concern about housing affordability and retirement

New research on attitudes to property investment and saving for retirement has revealed widespread concern over affordable housing and support from a majority of non-property investors for changes ...

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Wednesday, 14 March 2018

Opening address - AIST CEO Eva Scheerlinck at the 2018 Conference of Major Super Funds, Brisbane

"We are set for another big year in our industry this year. Assets under management continue to grow, markets are volatile and unpredictable, and there is a spotlight on our industry’s conduct and ...

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Wednesday, 14 March 2018

AIST announces Angela Emslie as Trustee of the Year

AIST has today announced Angela Emslie as the recipient of the AIST Trustee of the Year Award at the Conference of Major Superannuation Funds in Brisbane.

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Friday, 9 February 2018

All Australians will benefit from 12% super

Lifting the compulsory superannuation rate to 12 per cent will benefit all Australians, the Australian Institute of Superannuation Trustees said today. Responding to a recommendation from the Gratt...

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Wednesday, 24 January 2018

AIST welcomes Government measures to tackle non-payment of super

AIST has today welcomed the Government’s announcement of a package of measures to protect workers’ super entitlements and tackle the problem of unpaid super.

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