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Superannuation

Westpac trumpets infrastructure's 'annuity style' potential

JAMES FERNYHOUGH  |  WEDNESDAY, 15 JAN 2014
Increased investment in infrastructure by superannuation funds would provide retirees with a much-needed "annuity-style" income stream, according to Westpac Group.

Retail super members more likely to switch funds

JAMES FERNYHOUGH  |  TUESDAY, 14 JAN 2014
Retail superannuation fund members are more likely to switch funds than their industry and SMSF counterparts, with investment performance being the main concern cited, according to a report by Roy Morgan Research.

SMSF borrowing under control, ATO figures suggest

JAMES FERNYHOUGH  |  TUESDAY, 14 JAN 2014
Fears that low interest rates are encouraging self-managed super funds to over-borrow to invest in real estate appear to be overblown, according to figures released by the Australian Taxation Office.

AustralianSuper takes 50% stake in UK shopping centre

JAMES FERNYHOUGH  |  TUESDAY, 14 JAN 2014
AustralianSuper's in-house property investment team has made its first direct property investment in the shape of a shopping centre in the UK garden city of Milton Keynes.

FSC questions pertinence of APRA super stats

JAMES FERNYHOUGH  |  MONDAY, 13 JAN 2014
The Financial Services Council has questioned the pertinence of figures released by the Australian Prudential Regulation Authority last week that show the investment returns of not-for-profit superannuation consistently outperforming those of their retail ...

QSuper launches income account

JAMES FERNYHOUGH  |  WEDNESDAY, 18 DEC 2013
QSuper has launched an income stream product designed for members in the retirement phase.

FUM, Super, platforms all end year on high note

ALEX DUNNIN  |  MONDAY, 16 DEC 2013
Despite the negative picture about the economy being painted by the new government, the year has ended on a positive note for wealth managers with funds under management and investment returns all in strong above trend double digit territory.

Government scraps Labor's annuities reforms

JAMES FERNYHOUGH  |  MONDAY, 16 DEC 2013
The government will not proceed with Labor's plan to grant tax concessions to retirement income derived from deferred lifetime annuities (DLAs).

Future Fund defiant in face of airport legal proceedings

ALICE URIBE  |  FRIDAY, 13 DEC 2013
The Future Fund has rejected claims that it acted improperly in relation to its acquisition of a stake in Perth airport and "will vigorously defend" itself in the legal battle with the country's biggest superannuation fund, AustralianSuper, over the ...

Industry funds should offer SMSFs: QMV

JAMES FERNYHOUGH  |  WEDNESDAY, 11 DEC 2013
Industry superannuation funds should consider offering self-managed super funds (SMSFs) to their members, according to QMV Super Solutions chief executive Brad Goodall.