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Superannuation

Super Springboard scholarships for women announced

STAFF JOURNALIST  |  WEDNESDAY, 13 FEB 2013
The Australian Institute of Superannuation Trustees (AIST) and Women in Super (WIS) have announced the recipients of the Super Springboard scholarships.

SMSF trustees confident backing their limited advice

BEN COLLINS  |  WEDNESDAY, 13 FEB 2013
New research reveals enormous opportunities for Australia's financial advisers to help their clients, with self managed super funds, diversify their portfolios better.

Most DIY funds won't change allocations in retirement

BEN COLLINS  |  WEDNESDAY, 13 FEB 2013
Less than half of the retired self managed super fund trustees contacted for a survey released yesterday said that they either plan to change their asset allocations or had already done so.

Suggestions we don't support 12% CSG lies: Hockey

MARK SMITH  |  WEDNESDAY, 13 FEB 2013
Opposition Treasury spokesman Joe Hockey has been forced to clarify the Coalition's stance on the increase in compulsory superannuation contributions from 9% to 12% for the second time in a week.

Aust custody and admin sector hits $2 trillion

MARK STORY  |  WEDNESDAY, 13 FEB 2013
Due largely to a reenergised equity markets, total assets under custody for Australian investors grew by 8.7% to $2.03 trillion for the second half of the year to 31 December 2012, according to data released by peak industry body ACSA today.

Interest rate cuts drive SMSFs to FI, property

LAURA MILLAN  |  TUESDAY, 12 FEB 2013
Interest rate cuts in December 2012 drove Self Managed Super Funds (SMSF) trustees from cash holdings to fixed interest and direct property investments, Multiport SMSF Investment Patterns Survey found.

Politicians move 'super' goal posts at their peril

MARK SMITH  |  TUESDAY, 12 FEB 2013
Recent political and Treasury debate about changes to superannuation should not put doubts into people's minds about its attractiveness as an tax structure within which to invest for their retirement, according to Michael Hutton, head of wealth management ...

Link to take control of Russell administration

MARK SMITH  |  TUESDAY, 12 FEB 2013
Pressure on costs and the government's Stronger Super reforms have prompted Russell Investments to 'lift and shift' its superannuation administration operations to Link Group, it was announced yesterday.

QROP advise must improve: AMP

ALEX DUNNIN  |  MONDAY, 11 FEB 2013
While financial planners are regularly asked to advise on overseas pension transfers, considerable care must be taken to ensure a misunderstanding of international rules doesn't result in huge tax penalties.

Super tax concessions not overly generous: Mercer

BEN COLLINS  |  MONDAY, 11 FEB 2013
Against the backdrop of intense political debate, Mercer has released research which it states proves Australians do not receive unfair tax advantages through superannuation.