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Superannuation

Think big on scale, ORFR: APRA

MELANIE TIMBRELL  |  TUESDAY, 21 AUG 2012
Focus on the underlying objective, and not the minutiae of methodology. That's the message from APRA to super funds on incoming reforms.

APRA tweaks insurance in super

MELANIE TIMBRELL  |  TUESDAY, 21 AUG 2012
APRA will change its stance on insurance in super, allowing registered superannuation entities to seek income protection through general rather than life insurance providers alone.

Lifecycle discussion needs context: Milliman

MELANIE TIMBRELL  |  MONDAY, 20 AUG 2012
The increased discussion of lifecycle products in a MySuper context needs to take into account lessons from overseas failures, including target date funds in the US, according to one consultant.

Untargeted tax subsidies inept

ALEX DUNNIN  |  MONDAY, 20 AUG 2012
New research suggests that the untargeted nature of tax concessions - the mainstay of Australia's universal superannuation system - make them highly inefficient.

Untargeted tax subsidies inefficient

ALEX DUNNIN  |  THURSDAY, 16 AUG 2012
Tax concessions are the mainstay of Australia's universal superannuation system, but their untargeted nature makes them highly inefficient, according to new research.

ACSI lends weight to ASX plan for rights issues

MELANIE TIMBRELL  |  THURSDAY, 16 AUG 2012
The Australian Council of Superannuation Investors (ACSI) supports an ASX proposal to reduce the timetable for rights issues to 16 days.

Super governance Bill passes amid cries of favouritism

BEN COLLINS, MELANIE TIMBRELL  |  THURSDAY, 16 AUG 2012
The Federal opposition argues that a scale test on superannuation fund trustees inappropriately favours industry super funds.

Vision Super issues shortfall liability notices

MELANIE TIMBRELL  |  WEDNESDAY, 15 AUG 2012
Local Victorian councils have received notification of the individual liabilities they face to cover the $400 million shortfall on a Vision Super defined benefit scheme.

CSSA calls on Treasury for MySuper clarity

LINDA HAUSKEN  |  TUESDAY, 14 AUG 2012
The Corporate Super Specialists Alliance calls on Treasury to provide greater clarity and details on grandfathering provisions that will apply to the MySuper legislation, or move the implementation date to 2014.

Super loyalty defies low return expectations

BEN COLLINS  |  TUESDAY, 14 AUG 2012
CoreData research reveals robust investor attachment to non-performing funds.