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Superannuation

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.

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.