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Superannuation

Government using super as "petri dish": Labor

DARREN SNYDER  |  FRIDAY, 16 OCT 2015
Labor's Jim Chalmers said the federal government sees superannuation as "some kind of petri dish for one ideological experiment after another" during a debate in federal parliament yesterday.

Board gender diversity further scrutinised by ACSI

DARREN SNYDER  |  FRIDAY, 16 OCT 2015
The Australian Council of Superannuation Investors (ACSI) has released new governance guidelines which consider recommending against the re-election of directors in companies which perform poorly on board gender diversity.

Towers Watson wins public sector fund mandate

DARREN SNYDER  |  FRIDAY, 16 OCT 2015
Towers Watson has been appointed as the asset consultant to a public sector fund's investment portfolio after a tender process.

Challenger annuity sales grow 12 per cent

DARREN SNYDER  |  FRIDAY, 16 OCT 2015
Challenger Life has recorded a 12% increase in annuity sales during the first quarter of the 2016 financial year when compared to the same period last year.

Lift-off off

BENJAMIN ONG  |  FRIDAY, 16 OCT 2015
For sure and for certain the Fed will have to lift some time, what is uncertain is when.

Governance Institute pulls support for super bill

LAURA MILLAN  |  THURSDAY, 15 OCT 2015
The Governance Institute has pulled its initial support for the government's bill on superannuation fund boards and is now calling for it to be scrapped.

ASFA supports SGC bill with increased ATO resources

DARREN SNYDER  |  THURSDAY, 15 OCT 2015
The Association of Superannuation Funds of Australia (ASFA) believes reducing the harshness of the super guarantee charge (SGC) should only occur if additional resources are provided to the Australian Tax Office (ATO).

National Achievement Awards to recognise top executives

DARREN SNYDER  |  THURSDAY, 15 OCT 2015
Nominations for the 2015 National Achievement Awards close on November 6 and hype is already building around who will collect this year's top prizes.

Voting opens on SelectingSuper Consumer Choice award

MARK SMITH  |  THURSDAY, 15 OCT 2015
Voting has opened for the SelectingSuper 2015 Consumer Choice award division of the SelectingSuper fund and product awards.

WBC rate lift pressures RBA rate cut

BENJAMIN ONG  |  THURSDAY, 15 OCT 2015
Financial markets are now pricing a 57% 25 basis point snip in the official cash rate at the RBA's November meeting, up from less than 40% before WBC's announcement. Citi is 100% sure of a rate cut by February next year.