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Superannuation

Industry funds to concentrate on direct distribution

BEN COLLINS  |  THURSDAY, 29 NOV 2012
After enjoying a stranglehold on Awards, one of the biggest challenges facing Industry super funds now will be direct distribution, said Sunsuper boss Tony Lally.

Bogus super fund a wake-up call for investors: ASIC

MARK STORY  |  THURSDAY, 29 NOV 2012
ASIC has received complaints regarding the activities of Swiss Private Capital Ltd (Swiss Private) and their offers of interests in 'Aussie Super -Superannuation Fund'.

Superannuation needs change: Keating

BEN COLLINS  |  WEDNESDAY, 28 NOV 2012
Australia could use a government-run longevity insurance fund to help provide an adequate retirement to people who are living longer, said former Prime Minister Paul Keating.

End voluntary contribution age limits: Suncorp

MARK SMITH  |  WEDNESDAY, 28 NOV 2012
The Australian superannuation industry must remove age restrictions on voluntary contributions, said Suncorp Life CEO Geoff Summerhays.

CareSuper to shed mandates

BEN COLLINS  |  WEDNESDAY, 28 NOV 2012
At least $3.4 billion worth of investment mandates will be evaluated by CareSuper when it decides which ones it no longer needs after a recent merger.

AustralianSuper wins ASFA campaign of the year award

MARK SMITH  |  WEDNESDAY, 28 NOV 2012
AustralianSuper has come out on top at this year's Association of Superannuation Funds of Australia (ASFA) Communications Awards, collecting the campaign of the year trophy as well as a number of other accolades.

Flexibility not returns, drive SMSFs

ALEX DUNNIN  |  TUESDAY, 27 NOV 2012
Major research into the self managed super funds sector affirms that while flexibility and tax management is their primary motivation, their ability to stick with their chosen investment strategy gives them a self perceived performance advantage as well.

Super reforms should not kill off smaller funds: Quadrant

MARK SMITH  |  FRIDAY, 23 NOV 2012
Super and financial advice reforms don't necessarily have to put small super funds under the pump, according to Quadrant Super CEO Wayne Davy.

CBUS investments in CMFEU sights

ALEX DUNNIN  |  FRIDAY, 23 NOV 2012
Protests by the Victorian branch of the CMFEU against an alleged indirect business relationship CBUS has with the Grocon building group has highlighted how - as super becomes more wired to the broader economy - funds will have to confront more intense ...

CGT relief passes Senate

BEN COLLINS  |  FRIDAY, 23 NOV 2012
Capital gains tax relief legislation for superannuation funds passed through the Senate yesterday alongside two other key pieces of reform.