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Superannuation

Back-off super: FSC missive to Canberra

BEN COLLINS  |  THURSDAY, 7 FEB 2013
All Australian political parties have been told to leave superannuation laws alone by the Financial Services Council, which said that the industry has 'had enough'.

Dignity Super's main aim, ASFA reminds politicians

BEN COLLINS  |  THURSDAY, 7 FEB 2013
Dignity is the primary goal of the country's retirement system, the Association of Superannuation Funds of Australia reminded the Federal Government yesterday.

Four new SMSFs every hour

ALEX DUNNIN  |  WEDNESDAY, 6 FEB 2013
The ATO has just released its latest self managed super fund bulletin and it confirms the stellar growth for the sector is continuing unabated.

Retirement costs on the rise again

MARK SMITH  |  WEDNESDAY, 6 FEB 2013
The cost of living a modest retirement has risen faster than the overall rate of inflation, according to new research from the Association of Superannuation Funds of Australia (ASFA) released today.

William Blair ramps up bid to win super fund mandates

MARK SMITH  |  WEDNESDAY, 6 FEB 2013
Chicago-based investment manager William Blair has stepped up its bid to penetrate the Australian superannuation fund market by bringing senior investment and distribution executives to Sydney to present to asset consultants and ratings houses.

CheckRisk opens in Australia

ALEX DUNNIN  |  TUESDAY, 5 FEB 2013
As funds increasingly develop internal investment expertise, trustee boards will need to expand their own expertise to stay in control of their funds, and one way to do this is through an independant risk assessment of their portfolio.

Coalition wants fund governance changes: Fletcher

BEN COLLINS  |  TUESDAY, 5 FEB 2013
Paul Fletcher, the Liberal Party member for Bradfiled who sits on the Parliamentary Joint Committee on corporations and financial services, has voiced the Federal Opposition's concerns about superannuation fund governance.

Australia becomes fourth largest pension pool

BEN COLLINS  |  MONDAY, 4 FEB 2013
Australia now has the world's fourth largest pension pool after superannuation assets relative to GDP rose to 101% in 2012, according to a Towers Watson report.

LUCRF's new growth option targets lower volatility

MARK SMITH  |  MONDAY, 4 FEB 2013
LUCRF Super has launched a new member investment choice designed to offer growth with lower risk profile than the typical 'Balanced' option.

SPAA urges SMSF auditors to register with regulator

MARK SMITH  |  FRIDAY, 1 FEB 2013
The SMSF Professionals' Association of Australia (SPAA) is urging SMSF auditors to register as soon as possible so they are cleared to audit funds when the new licensing regime comes in to effect on 1 July.