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Superannuation

Super fund returns recovery rolls on

ALEX DUNNIN  |  TUESDAY, 4 JUN 2013
The recovery in super fund returns has continued apace in April 2013 as the SelectingSuper Workplace rolling 12 month default option index climbed again to 12.7%, its second highest level in three years.

Trans-Tasman super rollovers exclude SMSFs

MARK SMITH  |  MONDAY, 3 JUN 2013
The government's finalised regulations have allowed superannuation rollovers between Australia and New Zealand but exclude self-managed super funds (SMSFs).

Government to hold public forums on Super Charter

JAMES FERNYHOUGH  |  MONDAY, 3 JUN 2013
The Federal Minister for Superannuation Bill Shorten has encouraged interested parties to attend a public forum on the future Charter of Superannuation Adequacy and Sustainability.

AustralianSuper granted MySuper license

MARK SMITH  |  FRIDAY, 31 MAY 2013
AustralianSuper, the nation's largest not-for-profit superannuation fund, has become the latest fund to be granted its MySuper license.

March sees moderate growth in super contributions

LAURA MILLAN  |  FRIDAY, 31 MAY 2013
Contributions to superannuation funds were moderate in March, with discretionary contributions growing strongly, but compulsory flows slightly falling.

Yellow Brick Road launches super fund

MARK SMITH  |  FRIDAY, 31 MAY 2013
Confusion over the superannuation system is at the heart of why so many Australians are detached from their retirement savings, according to Yellow Brick Road executive chairman Mark Bouris.

Government scraps proposed SMSF transfer changes

MARK SMITH  |  FRIDAY, 31 MAY 2013
The federal government has scrapped proposed amendments to the Taxation and Superannuation Laws (2013 Measures No. 1) Bill 2013 banning self-managed super funds (SMSF) from carrying out off-market transfers of listed securities.

NZ Super Fund inks US$275m UK mandate deal

ALICE URIBE  |  FRIDAY, 31 MAY 2013
The New Zealand Superannuation Fund (NZ Super Fund) has made its second investment in natural catastrophe reinsurance, appointing London-based Leadenhall Capital Partners to manage a US$275 million mandate.

Shorten slams opposition's 'freeze-frame' super plans

MARK SMITH  |  THURSDAY, 30 MAY 2013
Financial Services and Superannuation Minister Bill Shorten has used the passing of the Tax and Superannuation Laws Amendment (2013 Measures No 1) Bill 2013 into the House of Representatives to slam the Opposition's plans to delay an increase in compulsory ...

Government to update More Super calculator

JAMES FERNYHOUGH  |  WEDNESDAY, 29 MAY 2013
The federal government plans to update the More Super calculator to take into account increases to the Super Guarantee (SG) which will come into place on 1 July.