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Superannuation

HOSTPLUS named super fund of the year

JAMES FERNYHOUGH  |  FRIDAY, 21 NOV 2014
HOSTPLUS has taken the top award at this year's Selecting Super Awards, being named Super Fund of the Year for 2014.

Super sets sights on $2tr

ALEX DUNNIN  |  THURSDAY, 20 NOV 2014
Superannuation assets climbed 10% in the 12 months to end September 2014 to reach $1.871 trillion and are on track to break the $2 trillion barrier by March next year.

Sunsuper taps FPA adviser network

MARK SMITH  |  WEDNESDAY, 19 NOV 2014
Sunsuper and the Financial Planning Association of Australia (FPA) have partnered to form a national advice referral program which connects the fund's members with FPA practices across the country.

ASIC to scrutinise intra-fund advice

JAMES FERNYHOUGH  |  WEDNESDAY, 19 NOV 2014
Superannuation funds can expect a higher level of scrutiny of their intra-fund advice operations over the coming year, according to Australian Securities and Investments Commission (ASIC) deputy chairman Peter Kell.

Cbus executive denies perjury allegation

JAMES FERNYHOUGH  |  TUESDAY, 18 NOV 2014
Cbus' head of workplace distribution Maria Butera has denied she committed perjury at the Royal Commission into Trade Union Governance and Corruption, contradicting claims made by Counsel Assisting the Royal Commission, Jeremy Stoljar SC.

Super funds must justify not merging: APRA

JAMES FERNYHOUGH  |  MONDAY, 17 NOV 2014
Superannuation funds that decide not to consolidate must justify their decision to the Australian Prudential Regulation Authority (APRA) over the next year, according to APRA member Helen Rowell.

IFM has 'concerns' over infra prices

JAMES FERNYHOUGH  |  FRIDAY, 14 NOV 2014
IFM Investors' head of European infrastructure debt David Cooper has stopped short of saying there is an infrastructure bubble, but raised 'concerns' about the prices institutional investors are paying for infrastructure.

Link Group plans to open Melbourne office

JAMES FERNYHOUGH  |  FRIDAY, 14 NOV 2014
Link Group plans to open a Melbourne office modeled on its Sydney operation when it takes over Superpartners, Link Group managing director John McMurtrie has said.

The Future Fund is not a super fund: Costello

JAMES FERNYHOUGH  |  THURSDAY, 13 NOV 2014
The Future Fund is categorically not a superannuation fund, Peter Costello has reminded superannuation professionals at the Association of Superannuation Funds of Australia conference.

Embrace rising retirement age, says futurist

JAMES FERNYHOUGH  |  THURSDAY, 13 NOV 2014
The rising retirement age is nothing to fear because in a service economy we are not going to die of over-physical work, according to IBISWorld chairman and 'futurist' Phil Ruthven AM.