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Superannuation

Global market slide hits NZ Super Fund

ALEX BURKE  |  FRIDAY, 19 FEB 2016
The New Zealand Super Fund has released its performance report for January 2016, revealing a negative 3.57% return.

Treasurer hints at super concession adjustments

MARK SMITH  |  FRIDAY, 19 FEB 2016
Treasurer Scott Morrison has given the clearest indication yet that tax incentives in superannuation will be adjusted when it announces the result of its tax and spending review shortly, especially for very high earners.

Regulators coordinating efforts to protect super

MARK SMITH  |  THURSDAY, 18 FEB 2016
Australia's financial services regulators have committed to coordinating their efforts to ensure that professionals working in the country's self-managed superannuation sector are acting as they should do.

Labor eyes super for start-up boost

MARK SMITH  |  THURSDAY, 18 FEB 2016
The Federal Opposition thinks more should be done to boost investment in Australia's start-ups.

PC to lead another inquiry into super

ALEX DUNNIN  |  THURSDAY, 18 FEB 2016
The Turnbull Government is the latest administration to announce a superannuation inquiry to investigate efficiency of the system and review how default funds are selected.

ASFA chief executive Vamos to step down

MARK SMITH  |  WEDNESDAY, 17 FEB 2016
Association of Superannuation Funds of Australia (ASFA) chief executive Pauline Vamos has decided that the time is right to step down after eight and a half years in the role.

Life insurance profits leap 31pct

MARK SMITH  |  TUESDAY, 16 FEB 2016
Life insurance net profits have jumped 30.9% to $3.2 billion in the 12 months to December 2015, according to the latest figures released by the Australian Prudential Regulation Authority (APRA).

Annuity sales growth drive up Challenger 1H16 profit

ALEX BURKE  |  TUESDAY, 16 FEB 2016
Continuing growth in annuity sales has driven Challenger's 1H16 after-tax profit up 18% on 1H15 to $182 million.

Industry bodies clash over pension proposal

MARK SMITH  |  MONDAY, 15 FEB 2016
The Combined Pensioners and Superannuants Association (CPSA) has branded "offensive" an Australian Chamber of Commerce and Industry (ACCI) proposal to turn the Age Pension into a loan recoverable against the family home.

Actuaries Institute asks for FSI to be implemented

MARK SMITH  |  MONDAY, 15 FEB 2016
The Actuaries Institute has called for the government to quickly implement policy proposals that will encourage innovation in retirement income stream products in its pre-Budget submission.