Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Superannuation

Direct investment option key to retain fund members

LAURA MILLAN  |  WEDNESDAY, 21 AUG 2013
Offering a direct investment option within a superannuation fund could be the key to retaining members and discouraging them from moving to self-managed super funds.

ATO launches superannuation video comp

ALEX DUNNIN  |  WEDNESDAY, 21 AUG 2013
The Australian Taxation Office (ATO) has launched its annual video competition and this year the theme is superannuation engagement for young people.

AMP, Bendigo and MTAA get MySuper licenses

ALEX DUNNIN  |  TUESDAY, 20 AUG 2013
AMP, Bendigo and MTAA Super are the latest superannuation groups to receive MySuper authorisation, taking the number of MySuper products to 62 just four months from the 1 January 2014 deadline.

FIIG targets SMSFs with low-limit corporate bond

JAMES FERNYHOUGH  |  MONDAY, 19 AUG 2013
Fixed income broker FIIG Securities has cut the lower corporate bond investment limit to $10,000 in a move to attract more investment from the self-managed superannuation fund (SMSF) sector.

SMSF contributions down 25%, AMP survey finds

JAMES FERNYHOUGH  |  MONDAY, 19 AUG 2013
Self-managed superannuation fund (SMSF) contributions fell by $12,300 the 2012-13 financial year, according to the Multiport SMSF Investment Patterns Survey June 2013.

Accountants ready to enter SMSF space, despite costs

ALICE URIBE  |  MONDAY, 19 AUG 2013
A quarter of SMSF Professionals' Association of Australia (SPAA)-member accountants are set to apply for a limited licence or become an Authorised Representative (AR) of a licensee despite the fact that the accountant's exemption runs until 30 June 2016.

SYD restructure heats up global pension fund battle

JAMES FERNYHOUGH  |  FRIDAY, 16 AUG 2013
Sydney Airport will raise the foreign investment cap from 40% to 49%, as part of a move to simplify its ownership structure.

Medical charges put pressure on retiree living costs

ALICE URIBE  |  FRIDAY, 16 AUG 2013
Significant price rises for medical and hospital services have led to a modest increase in the cost of living for retirees according to the latest Australian Superannuation Funds of Australia (ASFA) Retirement Standard figures.

Less than 1% of AusSuper members seek advice

JAMES FERNYHOUGH  |  THURSDAY, 15 AUG 2013
Less than 1% of AustralianSuper and REST members are receiving advice, despite the introduction of measures to improve access to advice as part of the Stronger Super reforms.

Health Industry Plan gets MySuper licence

ALICE URIBE  |  THURSDAY, 15 AUG 2013
Health Industry Plan (HIP) is the latest industry superannuation fund to have its application for MySuper authorisation approved by the Australian Prudential Regulation Authority (APRA).