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Superannuation

Abbott's PPL scheme to cost retirees $1.6 billion in hidden tax

JAMES FERNYHOUGH  |  THURSDAY, 22 AUG 2013
Superannuants and lower-income shareholders could be coughing up $1.6 billion towards the Coalition's paid parental leave (PPL) scheme, it has emerged.

Wealthtrac steps up SMSF campaign

JAMES FERNYHOUGH  |  THURSDAY, 22 AUG 2013
Platform provider Wealthtrac has appointed a self-managed superannuation fund (SMSF) sales specialist to develop its business in the potentially lucrative, but hard-to-access DIY super market.

J.P. Morgan launches APRA reporting service

JAMES FERNYHOUGH  |  WEDNESDAY, 21 AUG 2013
J.P. Morgan's custody arm has today launched its solution to the increased data reporting requirements associated with the Stronger Super reforms.

Executive pay under spotlight in new ACSI guidelines

JAMES FERNYHOUGH  |  WEDNESDAY, 21 AUG 2013
The Australian Council of Superannuation Investors (ACSI) has published new governance guidelines outlining how it will assess the behaviour and performance of public company directors.

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.