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Superannuation

Local Government Super adopts ESG risk tools

ELISE BURGESS  |  FRIDAY, 24 FEB 2012
Local Government Super has signed with MSCI Inc to introduce ESG risk and impact tools to its portfolios.

SMSFs the new retail

CLAIRE MCGREAL  |  FRIDAY, 24 FEB 2012
The SMSF market is an untapped resource for many advisers who should capitalise on the growing popularity of self managed super funds.

Super accounts on path for consolidation: Shorten

CLAIRE MCGREAL  |  WEDNESDAY, 22 FEB 2012
Up to 6.9 million inactive super accounts will be rolled over into active accounts once the Stronger Super reforms kick in on January 1, 2014 according to Financial Services Minister Bill Shorten.

New cost estimates see MySuper equal SuperStream

MELANIE TIMBRELL  |  FRIDAY, 17 FEB 2012
The costs of implementing MySuper will equal the costs of SuperStream, according to estimates delivered in a joint Ernst & Young and Association of Superannuation Funds of Australia (ASFA) executive survey.

Managed funds have a place in SMSFs: Select

MELANIE TIMBRELL  |  FRIDAY, 17 FEB 2012
Managed funds have been losing ground to low-cost options, said one asset manager, leaving the sector with the difficult task of convincing investors looking for absolute return, that funds are a good idea.

AustralianSuper talks scale, further growth

ELISE BURGESS  |  FRIDAY, 17 FEB 2012
AustralianSuper and BUSS(Q) super fund heads spoke yesterday about the difference scale makes to their operation and how big is too big in the world of superannuation.

Stonger Super second tranche amendments released

CLAIRE MCGREAL  |  THURSDAY, 16 FEB 2012
The government has released amendments to the second tranche of the Stronger Super legislation.

Pricing competition risks net returns from MySuper: FSC

MELANIE TIMBRELL  |  THURSDAY, 16 FEB 2012
Industry fund dominance of simple, low-cost superannuation will be aggressively challenged by 'white hot' pricing competition that risks an inadequate focus on returns, according to Financial Services Council chief executive, John Brogden.

GM shuts down DB fund

ALEX DUNNIN  |  THURSDAY, 16 FEB 2012
General Motors has bowed to the inevitable and announced it will shut its defined benefit pension fund and move salaried employees into the company's accumulation 401(k) scheme, citing balance sheet risk.

SPAA SMSF award winners announced

MELANIE TIMBRELL  |  THURSDAY, 16 FEB 2012
The Self-Managed Super Fund Professionals' Association of Australia has announced the winners of its 2011 awards series at its national conference held in Sydney.