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Superannuation

SMSFs warned over incapacity planning

BEN COLLINS  |  MONDAY, 18 FEB 2013
Often the risks of a self-managed super fund director becoming incapacitated are ignored, a leading lawyer has warned.

No fuss transition to 'no frills' super: Sunsuper

LAURA MILLAN  |  FRIDAY, 15 FEB 2013
Sunsuper's transition to MySuper was simple and easy, Sunsuper general manager of Product Andrew Nicholson said after the Australian Prudential Regulation Authority (APRA) granted the Queensland-based fund the first MySuper authorisation.

Anxiety over 'all-things super' takes toll on MySuper uptake

MARK SMITH  |  FRIDAY, 15 FEB 2013
The number of superannuation funds applying for a license to run a MySuper product is likely to fall well short of expectations, according to estimates from the Australian Prudential Regulation Authority.

Don't meddle with super industry bodies warn Govt

LAURA MILLAN  |  FRIDAY, 15 FEB 2013
Several industry bodies have joined the ever growing chorus of sentiment against a federal government making any changes to superannuation likely to negatively impact investors either saving for or currently in retirement.

Retail investors need new defensive investments

BEN COLLINS  |  FRIDAY, 15 FEB 2013
Australian retail investors should consider managed credit funds, as term deposit rates are set to drop, said head of credit markets at AMP Capital Jeff Brunton.

Some auditors won't be counted

BEN COLLINS  |  FRIDAY, 15 FEB 2013
Some accountants who apply for the new self managed super fund auditor regime will be rejected, warned the boss of Australia's corporate regulator.

Stop using super as political pawn: Narev

MARK SMITH  |  THURSDAY, 14 FEB 2013
Commonwealth Bank boss Ian Narev has urged politicians from both sides of the aisle not to use superannuation as a political pawn in the run up to the Federal election.

VOFF slams MP response Trio Capital fraud

MARK SMITH  |  THURSDAY, 14 FEB 2013
Victims of Financial Fraud (VOFF) has criticised member for Thornsby Stephen Jones over his response to the Trio Capital fraud.

Ex-drug dealers now hitting-up SMSFs: ACC

BEN COLLINS  |  THURSDAY, 14 FEB 2013
Australia's criminal intelligence agency, the ACC is witnessing an increasing number of the illegal operations, with many organised crime rings - formerly involved in drug trafficking - now targeting investors, as the profits were better and there was ...

Broken 'contribs law' needs fixing: SPAA

BEN COLLINS  |  THURSDAY, 14 FEB 2013
The rules that limit how much money people can put into their superannuation fund are not working and need to be changed, an industry expert said yesterday.