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Superannuation

One third of SMSF advice is poor: ASIC

ALEX DUNNIN  |  THURSDAY, 18 APR 2013
An ASIC report examining the quality of financial advice received by self managed super fund (SMSF) trustees and potential trustees has found that while most advice quality is adequate, there is a trend towards recommending SMSFs as the default solution.

Deferred annuity tax reforms safeguard retirees

MARK SMITH  |  THURSDAY, 18 APR 2013
Reforms to the tax treatment of deferred lifetime annuity (DLA) products has added greater security for Australian retirees, according to Towers Watson.

First Super gets MySuper green light

LAURA MILLAN  |  WEDNESDAY, 17 APR 2013
Industry fund First Super has received its MySuper authorisation from the Australian Prudential Regulation Authority (APRA).

Use super to help pay health costs: CEDA

ALEX DUNNIN  |  WEDNESDAY, 17 APR 2013
Superannuation contributions should be used to help pay spiralling health care costs, the Committee for the Economic Development of Australia (CEDA) said in a recent report.

REST granted MySuper authorisation

ALICE URIBE  |  TUESDAY, 16 APR 2013
REST Industry Super (REST) has become the latest fund to receive a MySuper authorisation from the Australian Prudential Regulation Authority (APRA).

LUCRF ramps up advice

LAURA MILLAN  |  MONDAY, 15 APR 2013
LUCRF Super has launched a series of seminars throughout Australia to allow its membership direct access to the fund's financial advisers.

QInvest launches mortgage broking service

LAURA MILLAN  |  MONDAY, 15 APR 2013
QInvest has launched mortgage broking service designed exclusively for QSuper Fund members and available only to them.

Professional Associations Super rebrands to Kinetic Super

ALICE URIBE  |  MONDAY, 15 APR 2013
The divisions of Professional Associations Super (PASL) will consolidate to form the new brand, Kinetic Super.

IFM consortium wins Port Botany lease

ALICE URIBE  |  MONDAY, 15 APR 2013
A consortium led by Industry Funds Management (IFM) has won a bid for the long-term leases of Port Botany and Port Kembla.

Sherry joins calls to watch SMSF property spruikers

MARK SMITH  |  FRIDAY, 12 APR 2013
Former Australian Minister for Superannuation Nick Sherry has become the latest high profile figure to raise concerns about property "sharks" preying on Australian's superannuation savings.