Coalition signals super policy changesBY ALEX DUNNIN | FRIDAY, 12 JUL 2013 10:10AMThe coalition has signalled that if it wins the 2013 federal election it will institute major reforms regarding how super funds appoint trustees while expecting funds to speed up how they pass on scale fee benefits. |
Editor's Choice
REI Super chief executive steps down
REI Super is farewelling its chief executive Jarrod Coysh, after more than seven years in the role.
Former Brighter Super investment lead plots return
After a six-month hiatus, former Brighter Super chief investment officer Mark Rider is returning to the superannuation industry, set to join another super fund next month.
CGT, negative gearing changes to become a law
The government's tax agenda announced in the Budget overhauling the capital gains tax (CGT) discount and negative gearing have now passed the Parliament and will become law.
BUSSQ beefs up cyber security oversight
The Queensland industry fund has welcomed a cyber security expert to its board of trustees, bolstering its oversight on heightened cyber security risk.
Products
Expert Feed
When geopolitics becomes a portfolio risk
Geopolitics is back - again - and Australian investors can no longer treat it as distant background noise.
Does association membership still matter?
With all the changes the advice sector has experienced in recent years, such as regulatory reform and increased education and professional standards ...
Digital assets and where they stand in 2026
So far in 2026 digital assets have captured the headlines largely for the wrong reasons, but that doesn't tell the full story.
Rethinking default design in a changing market environment
The evolution underway in the US DC system highlights the value of periodically reassessing default design assumptions.
Featured Profile
Judith Fiander
CHIEF EXECUTIVE OFFICER
AUSTRALIAN PHILANTHROPIC SERVICES
AUSTRALIAN PHILANTHROPIC SERVICES
When Judith Fiander first walked in the doors of Australian Philanthropic Services her intention was to volunteer for a few months. Fast forward 14 years and she is the chief executive. Eliza Bavin writes.
The statements made by the Member for Bradfield are offensive and show yet again how out of touch he and his ilk are. I was a Director/Trustee for a period of twenty plus years along with five others (including three Company Directors) on a voluntary basis. The only reason we gave it away was due to the increased regulation and protections caused by the actions of the professionals and now it is stated that there is no competition because of the compulsory schemes. What the Member would be better at is cleaning up the disasters caused by the paid professionals but levied against the entitlements of the members of funds.
Of course that will happen the same time as a polly will never get more than the average worker receives in annual salary increases or allowances. Rather than trying to get the snouts into the trough by so called independents being appointed a bigger effort in making sure that the exact same transparency applies to retail and corporates alike is required.
I know it maybe hard for you to actually be consistent in the approach but it would be a nice approach if it was honestly attempted by the coalition instead of the continued attack on people doing a job and meeting the requirements laid down by the legislation.