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Superannuation

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.

Older Australians delaying retirement

BEN COLLINS  |  WEDNESDAY, 20 JUN 2012
A report unveiled yesterday by financial services and superannuation minister, Bill Shorten, revealed that 50% of older Australian intend to delay retirement.

Coalition releases super manifesto

ALEX DUNNIN  |  WEDNESDAY, 20 JUN 2012
Shadow spokesperson for superannuation, Senator Mathias Cormann, has released a wishlist for what he believes is needed to fix falling confidence in superannuation and the list looks very much like a superannuation policy manifesto for the 2013 federal ...

Pool local govt infra projects to attract investors: E&Y

BEN COLLINS  |  TUESDAY, 19 JUN 2012
A study commissioned by the Commonwealth government into infrastructure financing has recommended the pooling of local council infrastructure project structures to make them more attractive to superannuation funds.

SMSF establishments continue down trend

MELANIE TIMBRELL  |  MONDAY, 18 JUN 2012
Establishments of self-managed super funds numbered 7,152 in the March quarter, according to the latest Australian Taxation Office statistics, continuing the decline in numbers from the quarterly peak of 10,434 in September 2011.

CBA renames corporate super fund

BEN COLLINS  |  MONDAY, 18 JUN 2012
The Commonwealth Bank has re-branded its in-house corporate not-for-profit superannuation fund from the 'Officers' Superannuation Fund' to 'Commonwealth Bank Group Super'.

AIST working to improve board gender imbalance

LINDA HAUSKEN  |  FRIDAY, 15 JUN 2012
The Australian Institute of Superannuation Trustees, in partnership with Women in Super, has kicked off its one day 'Women on super boards program' workshop in Melbourne today.