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Superannuation

Kinetic Super targets transient members with new brand

JAMES FERNYHOUGH  |  FRIDAY, 7 JUN 2013
At Kinetic Super's official launch last night, the focus was on improved communication with a transient membership.

APRA finalises Stronger Super reporting standards

ALEX DUNNIN  |  FRIDAY, 7 JUN 2013
The Australian Prudential Regulation Authority (APRA) has updated its Stronger Super data requirements from funds following reaction from trustees.

Shell Super to outsource to Plum

JAMES FERNYHOUGH  |  THURSDAY, 6 JUN 2013
Shell Australia Superannuation Fund (Shell) is set outsource its superannuation to Plum Financial Services Ltd (Plum), once it gets trustee sign off.

SBBs to be part of NGS Super's new ethical option

JAMES FERNYHOUGH  |  THURSDAY, 6 JUN 2013
Industry fund NGS Super is currently designing an ethical option that will include environmentally sound investments with other ethical investments such as social benefit bonds (SSBs).

Only half Britons saving enough for retirement

ALEX DUNNIN  |  THURSDAY, 6 JUN 2013
Less than half of people in Britain who could afford to save for their retirement are doing so, according to research from the world's first and oldest insurer, Scottish Widows.

Auscoal, AMIST and CGS get MySuper authorisations

ALEX DUNNIN  |  THURSDAY, 6 JUN 2013
Three more MySuper product authorisations have been announced this week by the Australian Prudential Regulation Authority (APRA) taking the total number to 38, but it's still way down on expectations.

Investment strategy differences derail super merger talks

JAMES FERNYHOUGH  |  WEDNESDAY, 5 JUN 2013
The abandonment of merger talks between industry funds VicSuper and Vision Super came down to a disagreement about investment strategy, both parties told the Financial Standard.

CSC awards Challenger $250 million mandate

JAMES FERNYHOUGH  |  WEDNESDAY, 5 JUN 2013
The Commonwealth Superannuation Corporation has awarded a $250 million mandate to investment management giant Challenger Limited, it has been confirmed.

Next government to reconsider super taxes: Grattan Inst

ALEX DUNNIN  |  WEDNESDAY, 5 JUN 2013
Bringing the commonwealth budget into structural surplus will require the next government to be very different to the Rudd-Gillard and Howard governments, and this will inevitably force a review of superannuation taxes, argued the Grattan Institute yesterday.

Super is working but needs to evolve: ASFA

ALEX DUNNIN, JAMES FERNYHOUGH  |  TUESDAY, 4 JUN 2013
The superannuation system is working but is transitioning, according to a report by Deloitte Access Economics that was commissioned by ASFA.