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Superannuation

Parliament to address large financial services agenda

LAURA MILLAN  |  TUESDAY, 12 NOV 2013
The 44th Parliament, which began its first sitting today, is set to address a number of relevant issues affecting the financial services industry.

Banks' super products set to be next industry battlefield

LAURA MILLAN  |  TUESDAY, 12 NOV 2013
As super funds brace to differentiate their MySuper products from competitors, banks are hoping that advanced technology systems and a large pool of already existing clients will give them a head-start.

Industry leaders urge Abbott to keep super rebate

MARK SMITH  |  TUESDAY, 12 NOV 2013
Super fund trustees and senior industry executives have urged the government to go ahead with the low-income superannuation contribution (LISC) in an open letter to the Prime Minister.

Weaven to chair online news publication

JAMES FERNYHOUGH  |  MONDAY, 11 NOV 2013
Industry fund pioneer Garry Weaven will chair a new, free online news publication 100%-owned by industry superannuation funds.

La Trobe launches SMSF loan product

MARK SMITH  |  MONDAY, 11 NOV 2013
Credit Specialist La Trobe Financial has launched a new self-managed super fund (SMSF) loan product, allowing borrowers to buy residential, retail, commercial or rural property.

Electronic reports signify Stronger Super milestone

MARK SMITH  |  MONDAY, 11 NOV 2013
Forty seven superannuation funds representing over 4 million members have for the first time lodged electronic reports to the Australian Prudential Regulation Authority (APRA) as part of the new standards outlined in the Stronger Super reforms, marking ...

Fair Work confirms MySuper awards regime

JAMES FERNYHOUGH  |  FRIDAY, 8 NOV 2013
The Fair Work Commission has released the outline and timetable for the new default superannuation fund awards system.

Niche super funds cooperate to avoid merging

JAMES FERNYHOUGH  |  FRIDAY, 8 NOV 2013
As compliance costs for super funds skyrocket, small super funds are cooperating to find ways of achieving scale without having to merge, according to IFAA trustee services manager Michael Corcoran.

Government scraps Super Charter

JAMES FERNYHOUGH  |  THURSDAY, 7 NOV 2013
The government has announced it will scrap Labor's plan to set up a Council of Superannuation Guardians and a Charter of Superannuation Adequacy and Sustainability, arguing it would create unnecessary bureaucracy.

Nearly 50% of woman to suffer under LISC dumping

JAMES FERNYHOUGH  |  THURSDAY, 7 NOV 2013
Industry Super Australia (ISA) has ramped up its campaign to save the low income superannuation concession (LISC), saying scrapping Labor's plan will hurt almost one in two Australian women.