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Superannuation

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

Stronger Super look-through requirements may erode competitive edge

JAMES FERNYHOUGH  |  FRIDAY, 5 JUL 2013
The federal government's comprehensive look-through requirements, due to come in on July 1 2014, may compromise confidentiality agreements and erode members' returns, according to Graeme Miller, Towers Watson's director of investment services Australia.

A desert island without food... better than managing super

LAURA MILLAN  |  FRIDAY, 5 JUL 2013
Being on a desert island without food, a visit to the dentist or a week without watching television are some of the things that Australians would prefer to do before managing their superannuation.

Last-minute Stronger Super reprieve averts "ludicrous situation"

JAMES FERNYHOUGH  |  THURSDAY, 4 JUL 2013
While the majority of the Stronger Super reforms now apply, the government has deferred two of its last-minute measures, after many in the industry said it was impossible to comply.

Fund chief calls for cap on super lump sum payments

JAMES FERNYHOUGH  |  THURSDAY, 4 JUL 2013
As more and more people approach retirement, there is a growing need to reform the way superannuation is paid out. Part of this may mean putting a cap on lump sum payments, according to MTAA Super chief executive Leeanne Turner.

AustralianSuper returns likely to decline in FY14

LAURA MILLAN  |  THURSDAY, 4 JUL 2013
The AustralianSuper's most popular investment has returned 15.63% investment fees and taxes for the year, a result that will be difficult to match next financial year according to the Fund.

Opposition challenges Labor to review Trio fraud

JAMES FERNYHOUGH  |  WEDNESDAY, 3 JUL 2013
Shadow Minister for Financial Services and Superannuation Mathias Cormann has called on new Treasurer Chris Bowen to review the Gillard government's response to the Trio Capital scandal.