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Superannuation

Govt pulls Public Sector Super fee subsidy

Members of the Public Sector Superannuation accumulation plan (PSSap) will now have to pay superannuation fees after the government pulled funding for a subsidy.

Super pool reducing Aussie reliance on foreign capital: ASFA

DARREN SNYDER  |  MONDAY, 15 JUN 2015
Australia's compulsory superannuation system and its positive effects for individuals and the economy should not be lost in the Tax Discussion Paper process.

Finology expert to address AFA roadshow

DARREN SNYDER  |  FRIDAY, 12 JUN 2015
On the back of its recent partnership, Sunsuper and the Association of Financial Advisers (AFA) have secured PortfolioConstruction Forum chief finology officer, Dr David Lazenby, to address the AFA National Roadshow in July.

Rice Warner debunks super myths

DARREN SNYDER  |  FRIDAY, 12 JUN 2015
The chief executive of superannuation research and advice firm Rice Warner believes Australians will be set up for poor retirement unless the industry kills off its many myths.

Almost everyone got a bonus this year, report reveals

MARK SMITH  |  THURSDAY, 11 JUN 2015
Asset managers and insurance professionals were most pleased with their bonuses in 2014/15, according to the recently published Morgan McKinley's Bonus Survey.

Cbus chief executive answers Royal Commission

DARREN SNYDER  |  THURSDAY, 11 JUN 2015
Cbus chief executive David Atkin has again flatly denied having any knowledge of the superannuation fund releasing members' personal information to the Construction, Forestry, Mining and Energy Union (CFMEU).

VicSuper and Challenger launch integrated super retirement product

DARREN SNYDER  |  THURSDAY, 11 JUN 2015
VicSuper has answered the Financial System Inquiry's call for superannuation trustees to introduce measures that will potentially protect members' longevity risk and improve efficiency in retirement.

Early release super approvals increasing

DARREN SNYDER  |  THURSDAY, 11 JUN 2015
About 73% of Australians who applied for an early release of their superannuation were given approval in the first 10 months of the 2014-15 financial year, according to data from the Department of Human Services.

Australians retiring young despite rising life expectancy

ALEX BURKE  |  WEDNESDAY, 10 JUN 2015
Most Australians tend to retire younger than the current pension age (65), despite growing concerns over longevity risk during retirement.

Actuaries say super taxes need to be reviewed

DARREN SNYDER  |  WEDNESDAY, 10 JUN 2015
Financial services representative groups are weighing in to a debate about the federal government's uncertain position regarding superannuation tax reform.