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Superannuation

More innovation needed on 'demand side' infra opps: ASFA

MELANIE TIMBRELL  |  FRIDAY, 14 SEP 2012
In the debate about alternatives to investment in transport infrastructure, the temptation is often to simply look at another road or rail project to address supply-side demand related to the congestion in Australia's capital cities.

AustSafe appoints head of investments

LINDA HAUSKEN  |  FRIDAY, 14 SEP 2012
Industry super fund, AustSafe Super has bolstered its investment capability with the appointment of Simon Mather as head of investments.

Medcraft calls for international super benchmarking

MELANIE TIMBRELL  |  THURSDAY, 13 SEP 2012
Super funds should give members detailed information on where funds are being invested, and benchmark allocations against an international standard, ASIC chairman Greg Medcraft has said.

Greens propose scaled super contribs tax

ALEX DUNNIN  |  WEDNESDAY, 12 SEP 2012
The Australian Greens have proposed that rather than tax superannuation at a flat rate of 15%, it should be taxed on a sliding discounted scale based on a fund members' marginal tax rates.

No mandates lost over hybrid model: AustSuper

BEN COLLINS  |  TUESDAY, 11 SEP 2012
AustralianSuper today said that no mandates would be lost, as it moves to bring the management of 30% of its investments in house over the next five years.

Super concession cuts ignite SMSF debate

MELANIE TIMBRELL  |  MONDAY, 10 SEP 2012
Reports that tax concessions to super will be cut by the Government to fund upcoming health and education initiatives have sparked debate in the industry over whether high balance super members and SMSFs in particular are paying their share.

Aus Sup to manage 30% of own funds in 5 years

BEN COLLINS  |  MONDAY, 10 SEP 2012
AustralianSuper has unveiled plans to manage up to 30% of its funds internally by 2017.

Fund returns recover to 3.1%

ALEX DUNNIN  |  MONDAY, 10 SEP 2012
The SelectingSuper workplace default option index surged in July, with the rise sufficient to push rolling 12 month returns up to 3.1% - their highest level in 11 months.

Mercer Super Trust focuses on mobile

MELANIE TIMBRELL  |  FRIDAY, 7 SEP 2012
Mercer Super Trust plans to launch a mobile site by the end of the year, and move to an app environment for members in 2013.

ING's new super product to shake up the industry

LINDA HAUSKEN  |  WEDNESDAY, 5 SEP 2012
ING Direct has launched a superannuation product that it claims will shake up the super industry because of its no administration, contribution or management fees features in its Balanced option.