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Superannuation

APRA releases final MySuper package

BEN COLLINS  |  THURSDAY, 4 OCT 2012
APRA has released its proposed final application form and instructions for the authorisation of MySuper products and a prudential standard on the transition to MySuper.

Aust super system failing retirees

LINDA HAUSKEN  |  WEDNESDAY, 3 OCT 2012
Australia is headed for a retirement savings disaster, with increasing numbers of baby boomers resorting to the aged pension after spending their entire superannuation to pay off debt, a CPA Australia study has shown.

Two execs depart Telstra Super

MELANIE TIMBRELL  |  TUESDAY, 2 OCT 2012
Two executives are to depart the marketing and HR functions of Australia's largest corporate superannuation fund.

Find super savings in public sector: Sherry

MELANIE TIMBRELL  |  TUESDAY, 2 OCT 2012
Former Rudd-government minister for superannuation Nick Sherry has advocated scrapping remaining defined benefit schemes for public servants and finding necessary savings by reducing public sector contributions instead of making cuts to broader super ...

Super funds line up for Sevior

BEN COLLINS  |  TUESDAY, 2 OCT 2012
Veteran stock picker John Sevior's new fund is being reviewed by CBUS Super for an Australian Equities mandate.

Most funds to offer default IP for MySuper

BEN COLLINS  |  TUESDAY, 2 OCT 2012
More than half of Australian superannuation funds will offer default income protection in their MySuper offers, according to a survey released at the recent AIA Australia Group Insurance Summit held in Sydney.

SMSF industry hits back on 'rort' claims

MELANIE TIMBRELL  |  FRIDAY, 28 SEP 2012
Specialist SMSF group Dixon Advisory has rejected claims that self-managed super funds should be subject to new tax treatment, arguing that recent papers ignore tax concessions available to all superannuation members.

Super debate flawed: ASFA

BEN COLLINS  |  FRIDAY, 28 SEP 2012
Several flaws exist in the current debate over superannuation adequacy in Australia, said the Association of Superannuation Funds of Australia (ASFA).

Bendigo Wealth launches SMSF admin offer

MELANIE TIMBRELL  |  THURSDAY, 27 SEP 2012
Bendigo Wealth has launched an end-to-end SMSF administration service in partnership with SuperIQ.

State Street appointed custodian for ING's Living Super

LINDA HAUSKEN  |  THURSDAY, 27 SEP 2012
ING DIRECT has appointed State Street Corporation as custodian and investment manager for its new controversial personal superannuation product, Living Super.