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Superannuation

MTAA Super appoints new director

ALEX BURKE  |  MONDAY, 1 JUN 2015
MTAA Super has appointed a new director to its board.

NAS loses VFMC, retains VicSuper

MARK SMITH  |  MONDAY, 1 JUN 2015
Victorian Funds Management Corporation (VFMC) has appointed State Street as its custodian and administrator, ending a 21 year relationship with its previous custodian, NAB Asset Servicing.

Trillion dollar super industry attractive to organised criminals

DARREN SNYDER  |  MONDAY, 1 JUN 2015
The Australian Crime Commission believes Stronger Super reforms implemented from 2013 have reduced illegal early release schemes run through self-managed superannuation funds (SMSFs).

SMSFs need more investment diversity: FinaMetrica

DARREN SNYDER  |  MONDAY, 1 JUN 2015
Risk profiler FinaMetrica believes continued investment in Australian shares and cash could spell disaster for self-managed superannuation funds (SMSFs) when the local market corrects.

Super funds on path to becoming trading pros

LAURA MILLAN  |  MONDAY, 1 JUN 2015
Superannuation funds are becoming better at electronic trading as they increase their in house investment capabilities, Bloomberg Tradebook head of Asia Pacific Tom Kingsley said.

Independence on super boards should be skills based

DARREN SNYDER  |  MONDAY, 1 JUN 2015
Global investment consultant Mercer has re-entered the debate around superannuation board governance by releasing a report showing an increasing international trend towards assigning independent directors.

Infocus looking to expand advice services

DARREN SNYDER  |  FRIDAY, 29 MAY 2015
Infocus Wealth Management says it is in discussion with organisations and employer groups to further its outsourced financial advice services nationally.

Super mums must focus on retirement savings

DARREN SNYDER  |  FRIDAY, 29 MAY 2015
Industry superannuation fund REST has entered the discussion about women being more knowledgeable in managing their finances by commissioning a Super Mum Index.

Members less likely to switch from workplace funds

ALEX DUNNIN  |  THURSDAY, 28 MAY 2015
Members are two thirds more likely to switch their personal super funds than their workplace super fund, explaining why retail wealth groups are ramping up their political campaign to decouple superannuation from industrial awards.

SuperStream deadline nearing for employers

DARREN SNYDER  |  WEDNESDAY, 27 MAY 2015
Medium to large employers are being reminded their June 30 deadline to be SuperStream compliant is nearing.