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Showing 9881 - 9890 of 18128 results for "superannuation"

CSIRO to study super spending habits

MARK SMITH  |  TUESDAY, 11 FEB 2014
... researchers will use big data analytics, social science, risk and economic modelling to answer questions such as how superannuation will affect the economy as it grows ever bigger, and how we provide security in retirement for all Australians. "The super ...

Emulation funds slash performance as well as cost

MARK SMITH  |  TUESDAY, 11 FEB 2014
... the opportunity cost in the form of foregone crystallised gains. The study looked at data from a major Australian superannuation fund from January 2005 to December 2009 and compared this to a simulated emulation fund using transaction data from a large ...

FSC slams 'closed shop' super awards rules

JAMES FERNYHOUGH  |  TUESDAY, 11 FEB 2014
The Financial Services Council (FSC) has urged the government to take superannuation out of modern awards, arguing that the Fair Work Commission (FWC) has no role in determining which funds can be default employer funds. Under the current system, super ...

ASIC extends short PDS relief

LAURA MILLAN  |  TUESDAY, 11 FEB 2014
... extended interim class order relief from the shorter product disclosure statement (PDS) regime for multi-funds, superannuation platforms and hedge funds. A class order has extended the relief which was due to expire on June 22, 2014, for a further 12 ...

Sunsuper acquires holiday park chain

JAMES FERNYHOUGH  |  TUESDAY, 11 FEB 2014
Queensland-based industry fund Sunsuper has acquired a 98% stake in nationwide holiday park chain Discovery Holiday Parks. Under the arrangement, the $26 billion super fund, which already held shares in the company, acquired a "significant majority ...

More Australians opt for advice through super

JAMES FERNYHOUGH  |  MONDAY, 10 FEB 2014
Superannuation funds, and industry funds in particular, are on track to becoming the favoured channel for consumers seeking financial advice, according to a new survey by Investment Trends. The Investment Trends September 2013 Advice Report found that ...

FoFA changes must go before parliament: Collins

JAMES FERNYHOUGH  |  MONDAY, 10 FEB 2014
The government's proposed changes to the Future of Financial Advice (FoFA) reforms must be debated as legislation in Parliament, according to Industry Super Australia (ISA) chair and former NSW Liberal leader Peter Collins. The government is currently ...

SMSFs poised to boost infrastructure investing

LAURA MILLAN  |  MONDAY, 10 FEB 2014
... is currently available to SMSF trustees." SMSFs hold an estimated $531.5 billion of assets of the $1.72 trillion superannuation sector as of 30 September 2013, according to the Australian Taxation Office (ATO). "We believe that this predisposition for ...

Bravura to administer TAL super software

LAURA MILLAN  |  MONDAY, 10 FEB 2014
TAL has selected Bravura Solutions Sonata software to administer its superannuation, pensions and investment business. David Gillespie, Chief Information Officer, TAL said: "We selected Sonata as it provides a single, unified platform built in modern ...

A third of Australians expect major shortfall in retirement

LAURA MILLAN  |  MONDAY, 10 FEB 2014
... with only 8.5% having a well-considered plan for major setbacks. Women are the biggest worriers when it comes to superannuation and having inadequate funds for retirement. As many as 36% of women think they will have far from enough money at retirement. ...