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Superannuation

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.

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.