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Superannuation

No more SMSF tax loopholes for excess concessional contributions

JAMES FERNYHOUGH  |  THURSDAY, 25 JUL 2013
SMSF investors will no longer be able to use excess concessional contributions to avoid reaching paying the highest rate of tax on their income, according to Peter Burgess.

MediaSuper makes moves on mental health, joins SuperFriend

ALICE URIBE  |  THURSDAY, 25 JUL 2013
Industry super fund Media Super has become the 18th fund to join SuperFriend, the Industry Funds Forum Mental Health Foundation.

Super fund returns as good as it gets

ALEX DUNNIN  |  THURSDAY, 25 JUL 2013
Super funds on track to deliver average returns for 2012-13 of 15%, the third best in the past 26 years, demonstrate how fund members who kept their nerve after the GFC are now reaping the benefits.

SMSFs lose majority of cases against ATO

JAMES FERNYHOUGH  |  WEDNESDAY, 24 JUL 2013
Self-managed superannuation fund (SMSF) trustees are unlikely to win court cases against the Australian Tax Office, according to David Hughes, a partner at law firm Small Myers Hughes.

BNP Paribas launches Strong Super reporting solution

JAMES FERNYHOUGH  |  WEDNESDAY, 24 JUL 2013
Global custodian BNP Paribas Securities Services has launched a solution to the reporting standards and portfolio holdings look-through requirements associated with the Stronger Super reforms.

Generation Y busts SMSF age myth

JAMES FERNYHOUGH  |  TUESDAY, 23 JUL 2013
Increasing numbers of people under 30 are setting up - or plan to set up - self-managed superannuation funds (SMSFs), according to a new study by Macquarie Bank and the SMSF Professionals' Association of Australia (SPAA).

Super funds unready for trans-Tasman transfer rules

JAMES FERNYHOUGH  |  MONDAY, 22 JUL 2013
New laws allowing trans-Tasman emigrants to take their superannuation with them are finding themselves frustrated by Australian funds struggling to keep up with the requirements.

State Street wins $780m LGS mandate

JAMES FERNYHOUGH  |  MONDAY, 22 JUL 2013
State Street Global Advisors has won a $780 million active Australian equities mandate from Local Government Super.

Super board quality compromised over pay rates

ALICE URIBE  |  FRIDAY, 19 JUL 2013
The level of superannuation fund board members salaries is reducing effectiveness according to law firm Corrs Chambers Westgarth chief executive John Denton.

Super pioneer advances innovative infra funding model

JAMES FERNYHOUGH  |  THURSDAY, 18 JUL 2013
Industry Funds Management (IFM) chair and superannuation pioneer Garry Weaven has laid out an 'alternative model' for investing in infrastructure, focusing on long-term value and transparency.