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Superannuation

Government announces key super reforms

LAURA MILLAN  |  FRIDAY, 5 APR 2013
Australians with superannuation balances over $2 million dollars face losing key tax concessions, Treasurer Wayne Swan and Financial Services and Superannuation Minister Bill Shorten announced this morning.

Super changes ease political and financial uncertainty

MARK SMITH  |  FRIDAY, 5 APR 2013
The announcement of changes to the superannuation taxation system this morning has ended speculation, allowing savers and voters to focus on the future, the Association of Superannuation Funds of Australia (ASFA) said.

CSC launches retirement income pension

MARK SMITH  |  FRIDAY, 5 APR 2013
The Commonwealth Superannuation Corporation (CSC) has launched an account-based retirement income product.

Qantas Super appoints Mercer as administrator

MARK SMITH  |  FRIDAY, 5 APR 2013
The Qantas Superannuation Plan has appointed Mercer as its new administrator, replacing Russell Investments (Russell).

Super will improve under Labor: Shorten

LAURA MILLAN  |  THURSDAY, 4 APR 2013
The Minister for Financial Services and Superannuation Bill Shorten indicated that Labor plans to "improve" super at the sixth Super Roundtable held yesterday as part of the Gillard Government's reform agenda.

ASMA dismayed by proposed super hikes

MARK SMITH  |  THURSDAY, 4 APR 2013
DIY super investors could pull their entire savings portfolio if the government follows through on proposed super tax hikes, according to the Australian Self Managed Super Fund Members Association (ASMA).

AIST CEO asks for long term changes in super

LAURA MILLAN  |  WEDNESDAY, 3 APR 2013
Modifying superannuation six months before an election is not helpful, but super does need to change on the long term, according to the Australian Institute of Superannuation Trustees (AIST) chief executive Tom Garcia.

Super funds at a 34-month high

STAFF WRITER  |  WEDNESDAY, 3 APR 2013
The recovery in super fund returns is continuing with the SelectingSuper Workplace default option index climbing again to a 34-month high of 12.6% by end February 2013.

Super election infighting intensifies

MARK SMITH  |  TUESDAY, 2 APR 2013
Superannuation is hotting up as one of the most emotive battlegrounds on which the Federal election will be fought.

APRA to require funds to lodge 35 data forms

ALEX DUNNIN  |  THURSDAY, 28 MAR 2013
From 1 July this year, Registrable Superannuation Entities (RSEs) will have to submit up to 35 regular data forms, more than double the number they submit today.