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Superannuation

APRAs' best intentions misleading: Super industry

BEN COLLINS  |  TUESDAY, 28 AUG 2012
Superannuation members could be scared off growth assets by APRA's communication of investment risk, said three industry organisations.

FSC super governance policy forces independence

BEN COLLINS  |  MONDAY, 27 AUG 2012
A majority of directors on superannuation trustee boards must be independent, under draft superannuation governance policy released by the Financial Services Council (FSC) this morning.

Super contributions highest since GFC

BEN COLLINS  |  FRIDAY, 24 AUG 2012
Contributions to APRA regulated superannuation funds during the last financial year were at the highest level since the global financial crisis, said the Financial Services Council.

Separate wealth from income strategy: Merton

MELANIE TIMBRELL  |  FRIDAY, 24 AUG 2012
Thinking about a wealth goal for members isn't remotely the same as a member-specific income goal and strategy - which should be the next generation solution for securing retirement income.

Super FUM hits $1.4 trillion

ALEX DUNNIN  |  THURSDAY, 23 AUG 2012
Superannuation assets jumped 4% during 2011-12, defying lack lustre returns of 0.5%, to reach $1.4 trillion, according figures just released by the superannuation prudential regulator APRA.

MySuper flipping ban passes lower house

BEN COLLINS  |  THURSDAY, 23 AUG 2012
Tranche one of the Federal Government's MySuper legislation has passed through the House of Representatives, with some last-minute amendments.

SMSF's need life cover education

BEN COLLINS  |  THURSDAY, 23 AUG 2012
Knowledge of life insurance offers is the biggest barrier to self managed super fund members taking it up within their fund, said AIA Australia.

Shorten reins in employer involvement in default super

MELANIE TIMBRELL  |  THURSDAY, 23 AUG 2012
Minister for Financial Services Bill Shorten has been accused of 'gazumping' the Productivity Commission inquiry into default super by moving to head off options that would give employers more choice in fund selection.

Sunsuper expands nationally

MELANIE TIMBRELL  |  WEDNESDAY, 22 AUG 2012
Sunsuper has appointed four new business development managers as part of a push to expand the fund's national footprint.

BNP Paribas IP appoints head of super

LINDA HAUSKEN  |  WEDNESDAY, 22 AUG 2012
BNP Paribas Investment Partners has appointed Angus Carson as head of superannuation and government institutions.