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Superannuation

Boomers surprisingly open to fair super tax changes

MARK SMITH  |  THURSDAY, 28 APR 2016
Contrary to the consensus view that older Australians are tired with super policy tinkering, a new survey of predominantly baby boomers shows that people are open to changes to the rules that promote fairness and contribute to the system's overall sustainability.

KPMG targets super to fix deficit

MARK SMITH  |  THURSDAY, 28 APR 2016
Superannuation tax concessions should be reduced to fix Australia's ballooning structural deficit, according to global audit, tax and advisory services provider KPMG.

Police super a budget beneficiary

DARREN SNYDER  |  THURSDAY, 28 APR 2016
More than 16,000 New South Wales police officers will directly benefit from one of the federal government's superannuation measures to be announced in Tuesday's budget.

FSC sends final budget message

DARREN SNYDER  |  WEDNESDAY, 27 APR 2016
A reduction in concessional contribution caps for middle-income superannuation members would hurt Australia's budget long-term, bear an increased cost to taxpayers, and not align with super's objective.

Australians short-changing themselves with cash bias

ALEX BURKE  |  TUESDAY, 26 APR 2016
Too many Australians are prioritising term deposits and high interest savings accounts over superannuation, according to the BT Australian Financial Health Index.

All super funds should have independent chair: research

DARREN SNYDER  |  THURSDAY, 21 APR 2016
New research shows superannuation executives are still divided over views on board independence yet academics persist all funds be required to appoint an independent chair.

Budget leak proposes super tax crackdown

DARREN SNYDER  |  WEDNESDAY, 20 APR 2016
An alleged federal budget leak has caught the ire of a superannuation representative group that says any hike in super taxes needs to consider each end of the income spectrum.

Another US pension giant exits hedge funds

MARK SMITH  |  TUESDAY, 19 APR 2016
The trustees of giant US pension plan New York City Employees' Retirement System (NYCERS) have voted to liquidate the fund's hedge fund holdings.

NZ Super Fund sells private equity investments

DARREN SNYDER  |  TUESDAY, 19 APR 2016
The New Zealand Superannuation Fund has sold its investments in three offshore private equity funds.

MTAA Super awards multi-asset mandate

DARREN SNYDER  |  TUESDAY, 19 APR 2016
MTAA Super has awarded a multi-asset mandate to PineBridge Investments, entering the PineBridge Global Dynamic Asset Allocation Fund.