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Top 10 superannuation stories in 2016

STAFF WRITER  |  WEDNESDAY, 21 DEC 2016
1. QSuper public offer move reshapes competitive landscape The decision to make Queensland government superannuation funds QSuper and LGIAsuper public offer could have far-reaching ramifications for Australia's superannuation sector. When QSuper especially ...

Top 10 financial planning stories in 2016

STAFF WRITER  |  TUESDAY, 20 DEC 2016
... qualifiying superannuation funds. First cab off the rank is REST, which has signed a deal giving REST members six months of fee-free use of Acorns' services. Eligible app users can also take advantage of the government's co-contribution payment when ...

ClearView partners for platform overhaul

ALEX BURKE  |  TUESDAY, 20 DEC 2016
... clean, and we will now only need very limited third party vendor support. Most importantly, our finance teams will be able to free themselves from pure transaction-processing activities and devote more time to acting as strategic partners to the ClearView ...

Turnbull putting industry fund governance back on the table

ALEX BURKE  |  WEDNESDAY, 14 DEC 2016
Speaking at a Financial Services Council breakfast in Sydney, Prime Minister Malcolm Turnbull said he would use 2017 to address inconsistencies in super fund governance. He suggested that at present, super fund governance standards are not applied equally ...

Super clarity presents adviser opportunity

KERRIE SYDEE  |  FRIDAY, 9 DEC 2016
... largest of the changes will apply from July 2017 and will see a maximum of $1.6 million that can be transferred into a tax free pension account. After this cap has been met or if a client's combined accumulation account balances exceed it, they will ...

Database unlocks global infrastructure opportunities

KERRIE SYDEE  |  WEDNESDAY, 7 DEC 2016
The Global Infrastructure Hub is launching an online database to give the private sector free information about government infrastructure projects around the globe. Project Pipeline will provide early stage visibility of potential projects and will ...

Part-pensioners short-changed by asset test changes

ALEX BURKE  |  WEDNESDAY, 30 NOV 2016
... and global equities markets, and use investment strategies that prioritise income, as well as tap-into their status as 'tax-free' investors, harnessing the benefits of franking credits to deliver stronger returns." Under the new asset test arrangements ...

WTW senior consultant moves to Vision Super

ALEX BURKE  |  THURSDAY, 24 NOV 2016
Willis Towers Watson Australia has appointed a new senior investment consultant, while another has left to take on a new role at Vision Super. Sue Brake joins Willis Towers Watson from the NZ Super Fund, where she was a senior investment strategist ...

AMG CEO says alpha is all about people

ALEX BURKE  |  FRIDAY, 18 NOV 2016
... clients?' The founders of these boutiques created very substantial value - too much to just hand to the next generation for free. " "But if the founders have done a good job, the next generation should be as good, or better, than the founding one. And ...

The president is a Trump

BENJAMIN ONG  |  THURSDAY, 10 NOV 2016
Donald Trump - the "misogynist", the "sexual predator", the "racist", the "lying cheat", the "clown", the "narcissist", "the most hated man in America" is now President-elect of America. No one, or so it seems, like him. Not the media - mainstream and ...