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Superannuation

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.

Super concessions cost $32bn in 2011-12

ALEX DUNNIN  |  FRIDAY, 1 FEB 2013
The total cost of superannuation tax concessions climbed 10.5% in 2011-12 to reach a record $32.4 billion, according to the just released Tax Expenditures Statements.

Super funds post stellar returns - AREITs on top

MARK SMITH  |  FRIDAY, 1 FEB 2013
Super fund returns continued their astounding recovery during December as the SelectingSuper Workplace default option index climbed to a 32-month high of 12.1%, the latest Rainmaker analysis shows.

AIST lashes out at Coalition

BEN COLLINS  |  FRIDAY, 1 FEB 2013
The Australian Institute of Superannuation Trustees has hit out at a Federal Opposition decision not to support the Gillard Government's low income super rebate.

NSW State Super appoints investment head

MARK SMITH  |  THURSDAY, 31 JAN 2013
NSW State Super has appointed Mark O'Brien as general manager of investments.

Funds unlikely to follow HOSTPLUS to PST

BEN COLLINS  |  THURSDAY, 31 JAN 2013
After HOSTPLUS announced last week that it would potentially let self managed super funds access its investments, fellow industry superannuation funds have denied they have similar plans.

Online tool for evaluating super

STAFF JOURNALIST  |  WEDNESDAY, 30 JAN 2013
Investment research provider Lonsec, in partnership with a superannuation research company, today released the Lonsec super comparator, an online tool that allows advisers to easily compare all types of superannuation offerings.