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Superannuation

Report assesses super allocation issues

ELISE BURGESS  |  MONDAY, 16 APR 2012
New Rice Warner research has assessed the current super industry's allocation position, including the issues around equity allocation, concluding that the traditional asset allocation is flawed.

Default super in modern awards justified: Cbus

MELANIE TIMBRELL  |  MONDAY, 16 APR 2012
Knowledge of the industry in which members work, results in better-tailored products and justifies the continued support of default super funds in modern awards, according to Cbus.

ACT super account takes $450m GFC hit

ALEX DUNNIN  |  FRIDAY, 13 APR 2012
Poor returns due to the GFC has resulted in the ACT government's superannuation provision fund suffering a $450 million investment income shortfall over the past five years.

Calls for CGT merger relief

ELISE BURGESS  |  FRIDAY, 13 APR 2012
Lack of clarity around the Government's intention for providing capital gains taxation relief for superannuation mergers is damaging members and limiting MySuper outcomes, according to AustralianSuper and ASFA.

AusSuper public sector division results from merger

MELANIE TIMBRELL  |  FRIDAY, 13 APR 2012
A Public Sector Division of AustralianSuper will cater to AGEST member needs following the merger of the two funds.

Retirement funding needs aged care inclusion

MELANIE TIMBRELL  |  THURSDAY, 12 APR 2012
As budget cuts to public spending loom, wealth providers are warning the cost of aged care needs to be factored into retirement planning.

Member interests and employer choice paramount

ELISE BURGESS  |  TUESDAY, 10 APR 2012
Member interests and not the interests of competing funds is paramount for default super, said FSC and the AIST in their parliamentary submissions.

Super potential underrated by Aussies

ELISE BURGESS  |  TUESDAY, 10 APR 2012
Baby Boomers rate financial independence as costing $750,000 and wish to retire early but do not see their superannuation as the answer, reflecting a change in sentiment.

AGEST signs GBST

MELANIE TIMBRELL  |  WEDNESDAY, 4 APR 2012
Industry super fund AGEST has signed technology provider GBST amid the fund's move to focus on after-tax performance of Australian Equities mandates.

Alphington wins corporate super mandate

ELISE BURGESS  |  WEDNESDAY, 4 APR 2012
Alphington Private Wealth is the corporate super adviser for SMEC Super Fund, after being awarded a $45 million mandate.