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Superannuation

Retirement adequacy hits post-GFC low: AMP

BEN COLLINS  |  THURSDAY, 27 SEP 2012
Declining contributions to superannuation have helped push AMP's retirement index to its lowest levels since the global financial crisis.

Australian super funds, world's third best

ALEX DUNNIN  |  THURSDAY, 27 SEP 2012
Australia's super funds recorded the third best returns net of inflation in the OECD despite having the highest weighting to equities, reveals new research from the OECD.

NZ Superannuation Fund excludes four firms from portfolio

LINDA HAUSKEN  |  WEDNESDAY, 26 SEP 2012
New Zealand Superannuation Fund has excluded four companies from its $19 billion investment portfolio, following severe breaches of its responsible investment standards.

Abbott government to index military pensions

ALEX DUNNIN  |  TUESDAY, 25 SEP 2012
In a major speech on military policy to the Returned Services League national conference this morning, opposition leader Tony Abbott vowed to index military retirement pensions if elected next year.

AMP Capital chases Asian growth

BEN COLLINS  |  TUESDAY, 25 SEP 2012
Retail and institutional investors will be targeted in China and Japan, as AMP Capital chases growth in the Asian region.

Discretion strictly case-by-case in new SMSF audit scheme

BEN COLLINS  |  MONDAY, 24 SEP 2012
Discretion will be applied on a strictly case-by-case basis, for accountants registering with the Australian Securities & Investments Commission's self managed super fund auditor program.

Enduring baby boomers redefine retirement

ALEX DUNNIN  |  MONDAY, 24 SEP 2012
Demographic and societal forces at work among retirees over the next decade will transform the concept of retirement, and have huge implications for industries servicing them.

ATO stands up for compliant SMSFs on levy use

MELANIE TIMBRELL  |  FRIDAY, 21 SEP 2012
ATO assistant commissioner Stuart Forsyth has told an industry event it is unfair compliant SMSFs have to see a portion of their levy go towards catching out those funds which do not operate properly.

Financial Simplicity boosts managed accounts offering

LINDA HAUSKEN  |  FRIDAY, 21 SEP 2012
Financial Simplicity has upgraded its managed accounts offering to include a personalised multi-tax wrapper rebalancing to model portfolios for its wealth management clients.

APRA requirements welcomed by sector

BEN COLLINS  |  THURSDAY, 20 SEP 2012
Both sides of the superannuation sector have welcomed revised reporting standards proposed by APRA.