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Superannuation

Future of LISC in Palmer's hands

JAMES FERNYHOUGH  |  FRIDAY, 27 JUN 2014
Thirty-five prominent figures in the superannuation industry have called on the Palmer United Party to use its influence in the Senate to block the scrapping of the low income superannuation contribution (LISC).

Super funds procrastinate on holdings disclosure

JAMES FERNYHOUGH  |  THURSDAY, 26 JUN 2014
Super funds are not treating the looming reality of portfolio holdings disclosure as a priority, according to BNP Paribas Securities Services' chief administration officer Daryl Crich.

Super contribution caps "limited and inadequate": Deloitte

MARK SMITH  |  THURSDAY, 26 JUN 2014
Deloitte has branded the current superannuation excess contribution caps as "limited and inadequate" in helping people fund their lifestyles in retirement.

Retail funds also guilty of 'Compare the Pair' vagueness

JAMES FERNYHOUGH  |  THURSDAY, 26 JUN 2014
BT and ANZ may need to follow Industry Super Australia (ISA) in clarifying the language of their superannuation advertising campaigns, following a ruling by the Australian Securities and Investments Commission (ASIC) over use of the term 'average' in ...

Bank cross-sell growing but slowly

ALEX DUNNIN  |  THURSDAY, 26 JUN 2014
While industry funds fear banks are targeting them to boost wallet share of their customers, research from Roy Morgan reveals banks lose more of their customers' business to other banks.

Vision Super merges its two funds

JAMES FERNYHOUGH  |  WEDNESDAY, 25 JUN 2014
Victoria-based superannuation funds Vision Super Fund (VSF) and Local Authorities Superannuation Fund (LASF) have announced they will merge.

Women in Super scholarship open for applicants

JAMES FERNYHOUGH  |  WEDNESDAY, 25 JUN 2014
The 2014 NSW Women in Super Scholarship is calling for applications from members wishing to attend one of two workshops.

MySuper flips members out of millions: CSSA

JAMES FERNYHOUGH  |  TUESDAY, 24 JUN 2014
MySuper may be leaving some disengaged members with much lower life insurance cover thanks to a new form of 'flipping', the Corporate Super Specialists' Alliance (CSSA) has warned.

Howes to leave AustralianSuper board

JAMES FERNYHOUGH  |  TUESDAY, 24 JUN 2014
Prominent unionist Paul Howes has signalled his intention to step down as a board member of AustralianSuper, a spokesperson for the fund has confirmed.

Capacity issues drive super funds in-house

JAMES FERNYHOUGH  |  MONDAY, 23 JUN 2014
Superannuation funds are increasingly moving towards developing in-house investment capabilities in order to manage capacity issues, according JANA head of investment outcomes Steven Carew.