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Superannuation

ISA and FSC clash over super in awards debate

JAMES FERNYHOUGH  |  FRIDAY, 29 NOV 2013
The industry superannuation sector has spoken out against the government's plan to change the industrial awards system, following the release of a discussion paper by Assistant Treasurer Arthur Sinodinos yesterday.

Performance, fees still major retention risk

ALEX DUNNIN  |  FRIDAY, 29 NOV 2013
Dissatisfaction with performance and fees is still the biggest risk to member retention for retail funds while for industry funds changing employers is the biggest risk to retention, reveals the latest Roy Morgan Research's superannuation and wealth ...

HESTA and Cbus take AIST top awards

LAURA MILLAN  |  FRIDAY, 29 NOV 2013
HESTA and Cbus have received the Australian Institute of Superannuation Trustees (AIST) top awards for 2013.

SMSF regulation to remain 'light touch': Sinodinos

JAMES FERNYHOUGH  |  THURSDAY, 28 NOV 2013
The regulation of self-managed super funds (SMSFs) is unlikely to change much under the Abbott government, according to Assistant Treasurer Arthur Sinodinos.

Government to discuss alternative funding for LISC

MARK SMITH  |  THURSDAY, 28 NOV 2013
The government has indicated that it may be open to finding other sources of funding to prevent the scrapping of the low income superannuation contribution (LISC).

Government targets super in awards, board independence

JAMES FERNYHOUGH  |  THURSDAY, 28 NOV 2013
The Abbott government looks set to follow through on its plan to introduce a quota of independent directors on super fund boards, and to take superannuation out of modern awards, following the release of a discussion paper by Assistant Treasurer Arthur ...

Former Goldman Sachs exec to head REST in-house equities team

JAMES FERNYHOUGH  |  WEDNESDAY, 27 NOV 2013
Former Goldman Sachs head of equity strategy Chris Pidcock will head up REST Industry Super's new in-house Australian equities investment team, REST chief executive Damian Hill has said.

MySuper authorisations nears 100

ALEX DUNNIN  |  TUESDAY, 26 NOV 2013
There are now 97 MySuper products authorised, with all major employer super brands seemingly well positioned for the 1 January 2014 deadline.

Ripoll rips into Abbott government's 'amateurism'

JAMES FERNYHOUGH  |  TUESDAY, 26 NOV 2013
The Abbott government's attempt to take credit for Labor's SuperTICK initiative is "laughable and outrageous", according to Shadow Minister for Financial Services and Superannuation Bernie Ripoll.

Industry bodies call for Government LISC U-turn

MARK SMITH  |  MONDAY, 25 NOV 2013
Industry bodies have called on the Government to reconsider its repeal of the low income superannuation contribution (LISC) in their submissions on the Minerals Resource Rent Tax (MRRT) Repeal and Other Measures Bill 2013.