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Superannuation

Scope for super participation in TPD education

MELANIE TIMBRELL  |  FRIDAY, 29 JUN 2012
Super funds have a role to play in public education on the implications of TPD member cover, according to Slater & Gordon Lawyers.

Wins and losses in PC default super report

ALEX DUNNIN  |  FRIDAY, 29 JUN 2012
The Productivity Commission has handed down its draft report on default superannuation funds, and while its recommendations were predictable, they represent big wins and yet severe threats for both sides of the industry.

AGEST merger put on hold

BEN COLLINS  |  FRIDAY, 29 JUN 2012
AGEST Super has put its merger with AustralianSuper on hold until after December when a deferral of capital gains tax becomes legislation.

SPAA brands SuperStream costs illogical

LINDA HAUSKEN  |  WEDNESDAY, 27 JUN 2012
The Self Managed Super Funds Professional Association of Australia has dismissed calls by the Australian Institute of Superannuation Trustees for self managed super fund members to make significant contributions towards the SuperStream levy.

AMP to acquire Cavendish

MELANIE TIMBRELL  |  WEDNESDAY, 27 JUN 2012
AMP Limited is to acquire Australia's largest SMSF administrator Cavendish Group as part of plans to establish an SMSF dedicated business unit under Paul Sainsbury.

Super funds drive M5 infra investment deal

BEN COLLINS  |  TUESDAY, 26 JUN 2012
Several superannuation funds will help finance the widening of Sydney's M5 motorway through investment in the road's operator Interlink Roads Pty Ltd.

SMSFs should pay SuperStream levy: AIST

ALEX DUNNIN  |  FRIDAY, 22 JUN 2012
Self-managed super funds are the biggest superannuation sector by dollars and will be major beneficiaries of the SuperStream reforms and so should contribute to the levy being imposed on other fund members, argues the AIST.

Vic to issue bonds to plug VisionSuper DB deficit

BEN COLLINS  |  THURSDAY, 21 JUN 2012
Victorian councils will fund a deficit uncovered in a Vision Super defined benefit fund through a special purpose bond issue backed by the state government.

SMSF Trustees want compensation: SPAA

BEN COLLINS  |  THURSDAY, 21 JUN 2012
The Self Managed Super Fund professionals' Association of Australia has rejected calls for a levy to be imposed on SMSF trustees to fund a compensation scheme.

Women in Super scholarships available now

LINDA HAUSKEN  |  WEDNESDAY, 20 JUN 2012
The NSW division of Women in Super has scholarship funding available for up to five members who want to participate in either a senior management or board development program.