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Superannuation

Wills are not enough for SMSF legacy

LAURA MILLAN  |  FRIDAY, 12 APR 2013
Self-managed superannuation fund (SMSF) holders should plan their legacy as carefully as they do their investments, as a will may not be sufficient to ensure their money goes to the people its intended for.

Coalition vow to leave SMSFs alone

MARK SMITH  |  FRIDAY, 12 APR 2013
Shadow Assistant Treasurer Mathias Cormann has confirmed that the Coalition would aim to leave self-managed super fund (SMSF) legislation alone if they won the next election.

All APRA funds to offer SMSF-style choice

MARK SMITH  |  FRIDAY, 12 APR 2013
All Australian Prudential Regulation Authority (APRA) regulated superannuation funds will offer direct investment options for members within five years, according to former Minister for Superannuation Nick Sherry.

Legalsuper appoints Towers Watson

LAURA MILLAN  |  TUESDAY, 9 APR 2013
Legalsuper has appointed Towers Watson as the asset consultant for its members' $1.9 billion investment portfolio.

FEAL launches super mentoring initiative

MARK SMITH  |  TUESDAY, 9 APR 2013
The Fund Executive Association Limited (FEAL) has launched a new mentoring initiative for superannuation executives.

Superannuation reforms will affect few: ASFA

LAURA MILLAN  |  TUESDAY, 9 APR 2013
The Association of Superannuation Funds of Australia (ASFA) said the government reforms on superannuation announced last week will affect few individuals with less than $2 million in super.

Bribery and corruption concerns for super

LAURA MILLAN  |  MONDAY, 8 APR 2013
Superannuation funds must take into account the company's bribery and corruption policy when investing, as at least half of ASX-listed companies don't have a clear statement on these issues, according to recent Citi research.

Brogden reaffirms campaign warning to politicians

MARK SMITH  |  MONDAY, 8 APR 2013
Financial Services Council (FSC) chief executive John Brogden has put his super campaign on hold in light of the government's proposed changes to the retirement tax regime, but warns future governments that it may return.

Super council won't prevent Labor tax raids

MARK SMITH  |  MONDAY, 8 APR 2013
Shadow Treasurer Joe Hockey has slammed the government's new superannuation proposals saying the new Council of Superannuation Custodians would not bring an end to future tinkering.

Low balance members hit with fees under super changes

ALICE URIBE  |  MONDAY, 8 APR 2013
Extra administration costs borne out of the federal government's proposed superannuation changes could be passed onto all superannuation fund members, even those with small balances according to Deloitte.