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Superannuation

Retirees unlikely to recover GFC losses: Cooper

JAMES FERNYHOUGH  |  MONDAY, 29 JUL 2013
Strong growth in superannuation in recent years does not help retirees whose accounts took a beating in the global financial crisis, according to Challenger chairman of retirement income Jeremy Cooper.

Industry funds 'treat us like dirt': COSBOA

JAMES FERNYHOUGH  |  MONDAY, 29 JUL 2013
The Council of Small Business Australia (COSBOA) has welcomed the Government's decision to grant small businesses access to the Superannuation Complaints Tribunal (SCT).

AIST calls for accuracy on product dashboard

JAMES FERNYHOUGH  |  FRIDAY, 26 JUL 2013
The Australian Institute of Superannuation Trustees (AIST) is calling for higher standards of accuracy on investment return estimates for the MySuper online product dashboard.

Women without kids still at super disadvantage

JAMES FERNYHOUGH  |  THURSDAY, 25 JUL 2013
Women amass substantially less super than men, regardless of whether or not they have children, according to a new research paper by the Australian Institute.

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).