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Superannuation

FSC bids to lead retirement income debate

MARK SMITH  |  THURSDAY, 7 AUG 2014
Financial Services Council (FSC) chief executive John Brogden has called for a national retirement income policy.

Bowen supports lump sum status quo

JAMES FERNYHOUGH  |  THURSDAY, 7 AUG 2014
There is no evidence to suggest Australians abuse their right to withdraw superannuation as a lump sum, Shadow Treasurer Chris Bowen has said.

Portfolio disclosure a 'data dump' on consumers

JAMES FERNYHOUGH  |  THURSDAY, 7 AUG 2014
The proposed portfolio holdings disclosure rules amount to a "data dump" that is useless to consumers, according to Michael Gordon, group executive at Perpetual Investments.

BRUMBIE: Walk quietly but carry a big stick

ALEX DUNNIN  |  WEDNESDAY, 6 AUG 2014
It's now a few weeks since Financial System Inquiry (FSI) chief David Murray handed down his interim report and already sectional advance troops have been spooked into defending their status quo.

Mercer launches its own MDI

JAMES FERNYHOUGH  |  TUESDAY, 5 AUG 2014
Mercer has launched a direct investment option, giving members direct access to shares, exchange traded funds, and term deposits.

AustralianSuper, HOSTPLUS launch own-brand debit cards

JAMES FERNYHOUGH  |  TUESDAY, 5 AUG 2014
Industry superannuation giants AustralianSuper and HOSTPLUS are offering members branded debit cards in association with the bank they collectively own, ME Bank.

NGS launches income-focused retirement product

JAMES FERNYHOUGH  |  TUESDAY, 5 AUG 2014
NGS Super has launched a new retirement income product which balances "a combination of capital growth and income return."

Super posts 12.7 pct for FY2014

STAFF WRITER  |  MONDAY, 4 AUG 2014
SelectingSuper has just released its 2013-14 super fund performance tables revealing that funds have had another strong year delivering an average 12.7% while CFS FirstChoice was the top performing Workplace fund.

AIST slams Xenophon's super home loan proposal

JAMES FERNYHOUGH  |  FRIDAY, 1 AUG 2014
Independent Senator Nick Xenophon's proposal to allow first home buyers to access their super for a deposit would "threaten retirement income security", according to Australian Institute of Superannuation Trustees (AIST) chief executive Tom Garcia.

Super fund trustees say manager fees too high

MARK SMITH  |  FRIDAY, 1 AUG 2014
More than 40% of super fund investment trustees believe fund managers will need to trim their fees to remain competitive. However, just 6% of managers agree.