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Superannuation

Super for retirement income not wealth warn Treasury, ASFA

ALEX DUNNIN  |  MONDAY, 23 JUN 2014
The superannuation system was designed to facilitate the payment of retirement income, but has been sidetracked by a disproportionate emphasis on wealth accumulation according to a key government official.

Super for retirement income not wealth warn Treasury, ASFA

ALEX DUNNIN  |  MONDAY, 23 JUN 2014
The superannuation system was designed to facilitate the payment of retirement income but has been sidetracked by a disproportionate emphasis on wealth accumulation.

Westfield restructure gets green light, UniSuper to retain holding

AAP  |  FRIDAY, 20 JUN 2014
UniSuper has no plans to ditch its 8.5% holding Westfield Retail Trust (WRT), despite Westfield's controversial $70 billion restructure getting the green light.

Key Telstra Super investment exec resigns

ALICE URIBE  |  THURSDAY, 19 JUN 2014
Telstra Super's head of fixed interest has resigned after more than six years in the role.

State Street hangs on to REST custody contract

JAMES FERNYHOUGH  |  TUESDAY, 17 JUN 2014
REST Industry Super has kept State Street on as its custodian following a "comprehensive review of service providers."

Women to feel pain of scrapped LISC

JAMES FERNYHOUGH  |  MONDAY, 16 JUN 2014
Women and regional Australians will be the worst affected by the government's plan to scrap the Low Income Superannuation Contribution (LISC) scheme, according to Industry Super Australia (ISA).

Equipsuper removes CFO role, adds key staff

LAURA MILLAN  |  THURSDAY, 12 JUN 2014
Equipsuper has removed the role of chief financial officer and brought all risk and compliance staff under the newly-created position of chief risk officer.

Mother's Day Classic raises $4.5m for breast cancer

JAMES FERNYHOUGH  |  THURSDAY, 12 JUN 2014
Women in Super's Mother's Day Classic has raised $4.5 million for the National Breast Cancer Foundation in its 2014 campaign.

FWC halts default super review

JAMES FERNYHOUGH  |  WEDNESDAY, 11 JUN 2014
The Fair Work Commission (FWC) has said it will halt its selection of MySuper funds as default funds under modern awards, after the full Federal Court found the expert panel was incorrectly constituted.

Firms urged to get ready for SuperStream

AAP  |  TUESDAY, 10 JUN 2014
The Australian Taxation Office (ATO) is urging businesses to get ready for a new, simpler system to pay their staff's superannuation contributions.