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Superannuation

AMP buys another SMSF business

MARK SMITH  |  THURSDAY, 7 NOV 2013
AMP SMSF has completed the acquisition of the self-managed super fund (SMSF) administration business of Queensland-based superannuation software developer Supercorp Pty Ltd.

Link Super retains LGS admin contract

LAURA MILLAN  |  WEDNESDAY, 6 NOV 2013
Local Government Super (LGS) has reappointed Link Super as the fund's administration provider after conducting a tender process.

SelectingSuper award nominees announced

ALEX DUNNIN  |  WEDNESDAY, 6 NOV 2013
Rainmaker has released the names of the 30 super fund groups whose products have been shortlisted for the Rainmaker SelectingSuper awards being held in Melbourne on 21 November.

ISA and FSC at odds over super tax changes

JAMES FERNYHOUGH  |  WEDNESDAY, 6 NOV 2013
Industry Super Australia (ISA) has criticised the Government's intention to scrap Labor's plan to cap tax-exempt investment earnings through super, saying it will "sit uncomfortably" with low income earners.

WA Local Government Super rebrands, gets MySuper

JAMES FERNYHOUGH  |  TUESDAY, 5 NOV 2013
WA Local Government Super is looking to corner the MySuper market in Western Australia after becoming the only Western Australian fund so far to be granted a MySuper licence.

NFP funds turning to direct investment options in droves

MARK SMITH  |  TUESDAY, 5 NOV 2013
The large majority of industry superannuation funds are looking to add direct investment options (DIOs) to their service offerings with some even considering opening the service to non-members through separate legal structures.

Super funds 'fair game' for activist scrutiny

JAMES FERNYHOUGH  |  TUESDAY, 5 NOV 2013
Super funds must prepare for a high level of activist scrutiny of their investments as a result of the increasing of portfolio disclosure requirements, according to Peter Lewis, director of Essential Media Communications (EMC).

Fund returns dip to 15pct

STAFF WRITER  |  MONDAY, 4 NOV 2013
The SelectingSuper Workplace rolling 12 month default option index dipped during September, but at 15.1% for the year ended 30 September 2013 they are still at near three year highs.

Mercer gets approval for MySuper product

LAURA MILLAN  |  FRIDAY, 1 NOV 2013
The Mercer MySuper product has received authorisation from the Australian Prudential Regulatory Authority (APRA) starting December 1, 2013.

Super IQ doubles after dual acquisitions

MARK SMITH  |  FRIDAY, 1 NOV 2013
Super IQ's acquisition of Super Concepts means the self-managed super fund (SMSF) provider has doubled in size in the last month.