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

Superannuation

Coalition signals super policy changes

ALEX DUNNIN  |  FRIDAY, 12 JUL 2013
The coalition has signalled that if it wins the 2013 federal election it will institute major reforms regarding how super funds appoint trustees while expecting funds to speed up how they pass on scale fee benefits.

Super syphons savings from banks

JAMES FERNYHOUGH  |  THURSDAY, 11 JUL 2013
As the guaranteed superannuation contribution level rises from 9% to 12%, people will have less and less money to put away as savings with their bank, according to a new report by the Australian Centre for Financial Studies.

LGS takes stand on Bangladesh, gains MySuper licence

ALEX DUNNIN, JAMES FERNYHOUGH  |  THURSDAY, 11 JUL 2013
Local Government Super NSW (LGS) has become the first fund in Australia to sign on as a supporter of the 'Investor Statement on Bangladesh,' while also being latest fund to be authorised to offer a MySuper product.

Labor and Libs joust over small business super contributions

JAMES FERNYHOUGH  |  THURSDAY, 11 JUL 2013
As part of a policy paper released this week the Coalition has proposed a change to the way small businesses make superannuation contributions on behalf of their employees, in a bid to ease "the red tape burden."

Investors warned off making extra super contributions

MARK SMITH  |  THURSDAY, 11 JUL 2013
Anyone under 50 should invest the absolute minimum amount into their superannuation fund, according to well-known stock-picker Roger Montgomery.

SMSFs urged to consider transparent alternatives to managed funds

JAMES FERNYHOUGH  |  WEDNESDAY, 10 JUL 2013
Self-managed superannuation fund (SMSF) investors wanting to delegate management, but also wanting to keep tabs on their investments, are being urged to consider separately managed accounts (SMAs) and managed discretionary accounts (MDAs).

Terminally ill woman questions superannuation early release laws

JAMES FERNYHOUGH  |  MONDAY, 8 JUL 2013
A Queensland woman diagnosed with terminal cancer has said she will have to sell her home after she found that she could not access her superannuation.

REST thanks overseas equities for high returns

JAMES FERNYHOUGH  |  MONDAY, 8 JUL 2013
Industry superannuation giant REST Super has recorded returns of more than 18% on its most popular investment option for the past financial year.

Banks missing super cross-selling opportunities

ALEX DUNNIN  |  FRIDAY, 5 JUL 2013
Only one in 10 in bank customers have their personal super with their bank, showing that banks are missing a huge cross-selling opportunity.

'Visionary' ACSI President receives posthumous award

JAMES FERNYHOUGH  |  FRIDAY, 5 JUL 2013
Michael O'Sullivan, former President of the Australian Council of Superannuation Investors (ACSI), has been honoured by the International Corporate Governance Council (ICGN) with a special award for achievements in corporate governance