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Superannuation

Government takes credit for SuperStream savings

JAMES FERNYHOUGH  |  MONDAY, 25 NOV 2013
Assistant Treasurer Arthur Sinodinos has said the Abbott Government's plan to save $1 billion a year in red tape reduction will save the superannuation sector almost $50 million per annum.

Industry bodies clash over pension age

LAURA MILLAN  |  MONDAY, 25 NOV 2013
The Productivity Commission's suggestion to lift the age pension to 70 years old has received a mixed reaction from financial services industry bodies.

LUCRF to assess climate change investment risks

JAMES FERNYHOUGH  |  FRIDAY, 22 NOV 2013
Industry fund LUCRF Super will investigate the level of its exposure to 'carbon risks' as part of a move to prepare for the potential investment risks of climate change.

Lift aged pension to 70: Productivity Commission

ALEX DUNNIN  |  FRIDAY, 22 NOV 2013
With Australia's population on track to reach 38 million by 2060, the Productivity Commission has released a research paper that warns now is the time to plan the policy responses that will be needed to cope with these demographic and economic changes.

SMEs to pay employees super contributions online

LAURA MILLAN  |  THURSDAY, 21 NOV 2013
Small and medium sized businesses will be able to use the Commonwealth Bank MySuper product online administration to pay employee superannuation contributions.

Combet joins IFM Investors board

JAMES FERNYHOUGH  |  THURSDAY, 21 NOV 2013
Former Labor minister for climate change Greg Combet will take up a position on the board of industry fund-owned investment manager IFM Investors.

HESTA named Super Fund of the Year

ALEX DUNNIN  |  THURSDAY, 21 NOV 2013
HESTA was named 2013 Super Fund of the Year at the SelectingSuper awards in Melbourne this morning, Super IQ was named SMSF Provider of the Year and UniSuper was named the Consumer Choice winner.

ASIC to scrutinise The New Daily

JAMES FERNYHOUGH  |  THURSDAY, 21 NOV 2013
Confusion about the funding model of The New Daily has shown no sign of abating, after Nationals Senator John Williams requested the Australian Securities and Investments Commission (ASIC) scrutinise The New Daily on the grounds that it is a bad investment.

QIC wins AustralianSuper US property mandate

JAMES FERNYHOUGH  |  WEDNESDAY, 20 NOV 2013
AustralianSuper has appointed direct property fund manager QIC to manage its US retail property investments.

AustralianSuper CEO justifies The New Daily

JAMES FERNYHOUGH  |  WEDNESDAY, 20 NOV 2013
AustralianSuper chief executive Ian Silk has categorically denied that The New Daily will be a politically partisan publication, saying if it took a political line it would "wither on the vine in five minutes."