UniSuper has acknowledged that its defined benefit superannuation fund is no longer prepared to pay all the benefits promised to members when they were forced to join this fund. Its latest...
Read more
Daryl Dixon, 28 September 2013, The Australian (subscription required)
Last month, the Australian National University joined other university and public sector employers in announcing it would shed a large number of jobs. The ANU will seek 230 volunteers to...
Read more
Daryl Dixon, 6 August 2013, The Canberra Times
My most recent article highlighting the inadequate regulatory protection for university employees forced to join the UniSuper Defined Benefit Fund provoked a justified response from a...
Read more
Daryl Dixon, 22 June 2013, The Australian (subscription required)
Where are the superannuation regulators when investors really need them, as the UniSuper defined benefit fund difficulties continue? Recoveries in world equity markets have improved the...
Read more
Daryl Dixon, 8 June 2013, The Australian (subscription required)
The continued operation of the UniSuper fund is a serious threat to the unblemished record of Australia’s public sector defined-benefit funds. This was confirmed by the reaction to...
Read more
Daryl Dixon, 5 March 2013, The Canberra Times
Eight months after its May budget announcement, the federal government and the Australian Taxation Office have given no details of how the new 15 per cent surcharge on super contributions...
Read more
Daryl Dixon, 9 February 2013, The Australian (subscription required)
UniSuper University staff may lose the retirement benefits that their super fund promised them. The fund is relying on the contributions of new younger members to help fund the larger...
Read more
Daryl Dixon, 5 February 2013, The Canberra Times
This month's Public Sector Informant highlighted the uncertainty for UniSuper defined benefit fund members arising from a funding shortfall their employers are not prepared to meet...
Read more
Daryl Dixon, 19 February 2012, Asset Check, The Canberra Times
Secret strategies to boost PSS benefits. Personal contributions It's in the interests of PSS members to contribute more than 5 per cent of their salary. The more money PSS members...
Read more
Daryl Dixon, 6 December 2011, The Canberra Times