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

Superannuation

Super industry urged to increase transparency: ASFA

JAMES FERNYHOUGH  |  MONDAY, 13 MAY 2013
Pauline Vamos, chief executive of the Association of Superannuation Funds of Australia (ASFA), has urged the superannuation industry to think about its position as a "compulsory business", and how this may affect client perception.

SPAA gives support to Council of Super Custodians

JAMES FERNYHOUGH  |  MONDAY, 13 MAY 2013
The SMSF Professionals' Association of Australia (SPAA) has voiced support for the government's move to set up a Council of Super Custodians.

Rate cuts prompt SMSF cash exodus

MARK SMITH  |  FRIDAY, 10 MAY 2013
A wave self-managed super fund (SMSF) trustees are swaping their cash holdings for fixed interest and direct property investments, according to the latest Multiport SMSF Investment Patterns Survey.

Super sector should influence broader policy: Brogden

LAURA MILLAN  |  FRIDAY, 10 MAY 2013
The superannuation sector should seek to influence public policy as funds become bigger and gain more influence in the economy, Financial Services Council (FSC) chief executive John Brogden said.

No need for more super bureaucracy: Cormann

LAURA MILLAN  |  FRIDAY, 10 MAY 2013
There was no need for more bureaucracy to protect Australian's superannuation savings, shadow minister for Financial Services Mathias Cormann has said in response to the government's announcement of a superannuation charter.

First Super to take action over JPM governance concerns

MARK SMITH  |  FRIDAY, 10 MAY 2013
Australian superannuation fund First Super has expressed strong concerns at 'on-going governance issues' at JP Morgan and has resolved to take action at the annual general meeting.

Govt could handcuff SMSFs

MARK SMITH  |  WEDNESDAY, 8 MAY 2013
The government may have to force self-managed super fund (SMSF) members to undertake mandatory advice or outsource their investment strategy back to professionals to cover off a risk of it facing unexpected pension liabilities.

La Trobe Financial announces CIO and COO of the Year

JAMES FERNYHOUGH  |  WEDNESDAY, 8 MAY 2013
La Trobe Financial has named the winners of its annual CIO/COO awards at a presentation on the 89th floor of Melbourne's Eureka Tower.

Treasury releases draft EM for super changes

ALEX DUNNIN  |  TUESDAY, 7 MAY 2013
Treasury has released a draft explanatory memorandum describing how the increased contribution cap limits will operate, but illustrating their rush to get it passed into legislation as quickly as possible, public comments must be received by Monday 13 ...

Super fund returns fall to 10.8%

ALEX DUNNIN  |  MONDAY, 6 MAY 2013
The recovery in super fund returns had a slight hiccup in March 2013 as the SelectingSuper Workplace rolling 12 month default option index fell slightly to 10.8%.