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

Superannuation

NZ Super posts record annual return

LAURA MILLAN  |  WEDNESDAY, 28 AUG 2013
The New Zealand Superannuation Fund has posted a record return of 25.8% in the 12 months to June 20, 2013.

Future Fund accused of withholding docs in airport spat

MARK SMITH  |  TUESDAY, 27 AUG 2013
AustralianSuper has upped the ante in its dispute over the Future Fund's purchase of a stake in Perth airport, accusing the $80 billion sovereign wealth fund of withholding crucial documents.

Future Fund denies wrongdoing in Perth Airport deal

MARK SMITH  |  TUESDAY, 27 AUG 2013
The Future Fund will oppose a preliminary discovery application lodged by AustralianSuper, denying any liability for the damages incurred by Australia's largest super fund during its acquisition of a shareholding in Perth Airport Development group.

Plum, Virgin get MySuper authorisation

ALEX DUNNIN  |  TUESDAY, 27 AUG 2013
Plum and Virgin Super are the latest funds to get their MySuper authorisations, bringing the total number of products available to 65

Xpress Super adds direct property to SMSF platform

JAMES FERNYHOUGH  |  TUESDAY, 27 AUG 2013
Self-managed superannuation fund (SMSF) platform provider Xpress Super has added direct property to its suite of investments.

ISN criticises "irresponsible" CPA super report

JAMES FERNYHOUGH  |  MONDAY, 26 AUG 2013
CPA Australia's latest report on the superannuation system is "irresponsible" and based on "flawed" methodology, according Industry Super Network (ISN) chief executive David Whiteley.

Too much super diverted to pay personal debt: CPA report

ALEX DUNNIN  |  MONDAY, 26 AUG 2013
Australia's superannuation policy is at risk of failing unless laws are introduced to quarantine savings for actual retirement income streams, warns CPA Australia in a major new report released to coincide with the 2013 federal election.

Rudd promises to expand Super Clearing House

JAMES FERNYHOUGH  |  FRIDAY, 23 AUG 2013
Prime Minister Kevin Rudd has said he will extend the Small Business Superannuation Clearing House service to businesses with fewer than 100 employees if he is re-elected.

Product Dashboard could spook risk-averse members

JAMES FERNYHOUGH  |  FRIDAY, 23 AUG 2013
Increased data reporting on the Product Dashboard could see risk-averse members making overly cautious and ultimately self-defeating investment decisions, according to Tom Garcia, chief executive of the Australian Institute of Superannuation Trustees ...

Super assets hit $1.6 trillion, investment returns at 4-year high

ALEX DUNNIN  |  THURSDAY, 22 AUG 2013
Superannuation assets surged 15.5% last financial year to reach $1.6 trillion, reveals the regulator APRA in its just released June report.