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Superannuation

HIP Super members get access to Best Doctors

ALEX DUNNIN  |  THURSDAY, 29 MAR 2012
Boutique industry fund HIP Super has pulled off a major coup and formed a partnership with the MLC Best Doctors service, claiming the deal was only possible because of its small size.

MySuper should engage with lifecycling: Cooper

MELANIE TIMBRELL  |  WEDNESDAY, 28 MAR 2012
Super funds will need to engage with lifecycling, rather than simply relying on rebranded default options, according to super heavyweight Jeremy Cooper.

SPAA reassures members on opt-in

MELANIE TIMBRELL  |  WEDNESDAY, 28 MAR 2012
The Self-Managed Super Fund Professionals' Association of Australia has told members it will work with ASIC to ensure they remain exempt from opt-in requirements.

Large funds outperform: APRA

ALEX DUNNIN  |  TUESDAY, 27 MAR 2012
APRA has entered the argument over fund scale, releasing research that finds larger funds outperform smaller ones.

Shorten demands clarity of stance on SG rise

MELANIE TIMBRELL  |  MONDAY, 26 MAR 2012
Minister for Financial Services Bill Shorten has hit back at the opposition leader's comments on the superannuation guarantee increase, asking for a clarification of position.

Funds remain unconvinced on lifecycle MySuper product

MELANIE TIMBRELL  |  THURSDAY, 22 MAR 2012
Chief executive officers in the not-for-profit super sector remain unconvinced a lifecycle product will offer the best outcome for members, according to a recent poll by the Australian Institute of Superannuation Trustees.

PJC releases MySuper report

CLAIRE MCGREAL  |  WEDNESDAY, 21 MAR 2012
The PJC is recommending the government redraft the MySuper Bill to clarify the clause relating to large employers and the provision of tailored MySuper products.

Benchmarks allow funds to abdicate responsibility: Future Fund

MELANIE TIMBRELL  |  WEDNESDAY, 21 MAR 2012
Peer group measures are liable to lead funds to perverse decisions on asset allocation rather than an appropriate assessment of risk, the Future Fund's chief investment officer has warned a superannuation gathering.

ASFA, FSC applaud passing of SG rise

CLAIRE MCGREAL  |  TUESDAY, 20 MAR 2012
Super industry bodies have heralded last night's passing of the mining tax legislation, which paves the way for the gradual SG rise to 12 %, as an "historic" day for Australians.

FIRST Super invites Tony Abbott to board meeting

CLAIRE MCGREAL  |  TUESDAY, 20 MAR 2012
Industry fund FIRST Super has extended an olive branch to Tony Abbott, inviting the Opposition leader to their next board meeting.