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Superannuation

Macquarie launches SMSF tool

LINDA HAUSKEN  |  WEDNESDAY, 10 OCT 2012
Macquarie has released an online Share market Tax Facts for accountants, making it the latest addition to its range of tools for SMSF experts.

AustSuper adds hedge IEq option

ALEX DUNNIN  |  WEDNESDAY, 10 OCT 2012
AustralianSuper has added a new investment option, hedged international shares, taking their number of investment choices to 18, including their direct share low-cost platform.

SMSF contributions up 15%

BEN COLLINS  |  TUESDAY, 9 OCT 2012
Contributions to self managed super funds were up 15% on the previous year, according to the most recent data from the Australian Tax Office (ATO), which releases contributions figures annually, with a one year lag.

Super fund backs News Corp independence push

BEN COLLINS  |  FRIDAY, 5 OCT 2012
Rupert Murdoch's dual role as chairman and chief executive of News Corporation will be challenged by at least one Australian superannuation fund at the company's annual general meeting in Los Angeles on 16 October.

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.