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Superannuation

And then there's gonna be five

BENJAMIN ONG  |  TUESDAY, 1 DEC 2015
China may well let "market forces" dictate the yuan's exchange rate... but only if it's consistent with the Politburo's diktat.

SMSFs hurt more than APRA funds in downturn

MARK SMITH  |  MONDAY, 30 NOV 2015
The SMSF segment of the superannuation system suffered more in the recent market correction, the latest APRA figures for the September quarter show.

ACCI supports closing tax breaks on high balances

MARK SMITH  |  MONDAY, 30 NOV 2015
The Australian Chamber of Commerce and Industry (ACCI) has said there is "sense" in closing tax relief for people with very high superannuation balances.

Super fund governance bill enters final debate

DARREN SNYDER  |  MONDAY, 30 NOV 2015
The Senate is slated to have its final debate on the superannuation trustee governance bill tomorrow, which at a minimum will see one third independent directors on APRA-regulated super fund boards.

Industry funds may set up master trust

DARREN SNYDER  |  MONDAY, 30 NOV 2015
Industry superannuation funds NGS Super and QIEC Super have flagged integrating their investments and insurance under a master trust structure.

Swiss franc surprise

BENJAMIN ONG  |  MONDAY, 30 NOV 2015
Speculations are that the Swiss National Bank (SNB) could follow up its recent verbal interventions with actual ones ahead of the near certainty that the European Central Bank (ECB) would boost its stimulus programme come 3 December.

Treasurer commits to improve after-fee super returns

DARREN SNYDER  |  FRIDAY, 27 NOV 2015
Federal Treasurer Scott Morrison has committed to doing more to reduce superannuation fees and improve after-fee returns for members even though super tax incentives are a cost to the government.

CIPRs not the entire answer for retirement

DARREN SNYDER  |  FRIDAY, 27 NOV 2015
The proposal for superannuation funds to have a comprehensive income product for retirement (CIPR) has experts cautious about defaulting members at a time when individual retirement solutions are most needed.

December moves

BENJAMIN ONG  |  FRIDAY, 27 NOV 2015
The Japanese central bank had been expected to expand its QQE measures as early last month. It hasn't.

Sunsuper hires AustralianSuper portfolio construction manager

MARK SMITH  |  THURSDAY, 26 NOV 2015
Sunsuper has appointed a new senior member to its investment team from AustralianSuper.