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Superannuation

SPAA joins UN group

BEN COLLINS  |  FRIDAY, 25 JAN 2013
The SMSF Professionals Association of Australia has become the first Australian financial services group to join a United Nations independent financial advice convention.

Super funds argue against unfair fee rules

BEN COLLINS  |  FRIDAY, 25 JAN 2013
Representatives for the superannuation industry have argued against a Federal Government decision that would stop funds capping administration fees under draft reform laws.

HOSTPLUS to become a PST

MARK STORY  |  THURSDAY, 24 JAN 2013
Once its plans to become a pooled superannuation trust (PST) are complete later this year, HOSTPLUS will be the first Industry fund to allow SMSFs to invest in its underlying investment platform.

VicSuper and Aust Ethical adopt after-tax benchmark

MARK STORY  |  THURSDAY, 24 JAN 2013
VicSuper and Australian Ethical Superannuation - which collectively have over $2.4 billion Australian equity assets under management - have adopted an after-tax benchmark from the industry standard FTSE ASFA Australia Index Series.

New Zealand Super on track after strong 2012

MARK SMITH  |  WEDNESDAY, 23 JAN 2013
The New Zealand Superannuation fund is ahead of its long-term target after notching up strong returns in 2012, the latest data show.

First State Super tracking well after merger

BEN COLLINS  |  WEDNESDAY, 23 JAN 2013
Nearly two years after a significant merger, the boss of the $33 billion First State Super fund has confirmed the tie-up was a success.

Energy Super tops extra benefits table

MARK SMITH  |  WEDNESDAY, 23 JAN 2013
Energy Super, CareSuper and MLC MasterKey Business Super are clear standouts in a study of extra benefits offered by Personal and Workplace superannuation products, according to Rainmaker research.

VicSuper adds new investment options

MARK SMITH  |  TUESDAY, 22 JAN 2013
Victorian superannuation fund VicSuper will add two new investment options - Australian shares and term deposits, it announced today.

Baby boomers stagger blindfold into retirement: REST

MARK STORY  |  TUESDAY, 22 JAN 2013
A whopping 86% of Australia's 5.5 million baby boomers are, in varying degrees, financially under-prepared for retirement, according to research release by industry super heavyweight REST Industry Super today.

Don't forget to remind DB members: ASIC

MARK SMITH  |  MONDAY, 21 JAN 2013
Australia's corporate watchdog has reminded the trustees of defined benefit superannuation schemes to keep their members up-to-date after a review of the sector.