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Superannuation

Minimum withdrawal rates act as default: CSIRO

DARREN SNYDER  |  MONDAY, 18 JAN 2016
Research from CSIRO says minimum account-based pension withdrawal rates are acting as a conservative default that sees retirees exceeding needs to self-insure their financial longevity.

AustralianSuper merges investment options

DARREN SNYDER  |  FRIDAY, 15 JAN 2016
AustralianSuper is closing three investment options and replacing them with two as part of a streamlining process aiming to keep costs low and refocus the fund's investment efforts.

20pct tax rebate is budget neutral: FSC

DARREN SNYDER  |  THURSDAY, 14 JAN 2016
Lifting the superannuation guarantee to 12% and pushing a 20% rebate on marginal tax rates for super contributions would have no effect on the federal budget.

Public sector retirees angry over income exemption cuts

DARREN SNYDER  |  THURSDAY, 14 JAN 2016
Tens of thousands of public sector pensioners are learning the scale of changes to their defined benefit schemes that sees cuts to exemptions for the Centrelink pension income test.

Parametric knows what keeps super trustees sleepless

DARREN SNYDER  |  WEDNESDAY, 13 JAN 2016
Industry consultant and after-tax specialist Parametric says issues that will keep superannuation trustees awake at night during 2016 include regulation, post-retirement solutions, and immunising members against market volatility.

HESTA makes first impact investment in affordable housing

MARK SMITH  |  WEDNESDAY, 13 JAN 2016
HESTA has made a $6.7 million investment in Horizon Housing, a community housing provider operating in Queensland focused on increasing the supply of social and affordable housing and helping low income earners achieve home ownership.

Prime Super awards multi-asset mandate

ALEX BURKE  |  WEDNESDAY, 13 JAN 2016
Prime Super has awarded a multi-asset mandate to a $110.5 billion global investment manager.

Prime Super awards insurance mandate to CommInsure

MARK SMITH  |  TUESDAY, 12 JAN 2016
Prime Super has appointed CommInsure as its new group insurer following a competitive tender process.

Australian expats pension protected

DARREN SNYDER  |  TUESDAY, 12 JAN 2016
A new agreement between Australia and India that protects expatriates' pension rights is expected to save about $10 million annually for Australian businesses operating in the south Asian country.

Challenger partners Financial Standard for 2016 Technical Services Forum

MARK SMITH  |  MONDAY, 11 JAN 2016
Financial Standard has partnered with investment specialist, Challenger, to launch the Challenger Financial Standard Technical Services Forum.