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Superannuation

Legacy systems cause super funds to rethink op models

MELANIE TIMBRELL  |  FRIDAY, 9 MAR 2012
Mergers as a result of regulatory changes including SuperStream and MySuper are forcing a rethink in how funds are managed, operated and administered, according to software provider SimCorp.

Forum: Women Driving Change

MELANIE TIMBRELL  |  THURSDAY, 8 MAR 2012
Gender quotas may be an uncomfortable prospect for the current generation, but they offer potential to fast track the remedy of gender imbalance in senior corporate positions for subsequent generations.

Total super industry assets grow to $1.31 trillion: APRA

CLAIRE MCGREAL  |  THURSDAY, 8 MAR 2012
Total assets in the super industry, including SMSFs and balance of life office statutory funds, increased by $15.8 bn to $1.31 trillion in the year ending December 31, 2011.

Super funds still shunning women trustees

RACHEL DAVIS  |  THURSDAY, 8 MAR 2012
Women make up 46% of super fund members in Australia but they are still massively under-represented on fund trustee boards, reveals new research from SelectingSuper's research partner Rainmaker Information.

FSC makes move on fund governance

ELISE BURGESS  |  WEDNESDAY, 7 MAR 2012
Some of the super industry's biggest players will have new transparency and governance policies to work under after the FSC released its new mandatory policy requirements.

Social infrastructure not suited to pension funds: study

ALEX DUNNIN  |  WEDNESDAY, 7 MAR 2012
Pension funds should avoid investing in social infrastructure because of its inherent political risk and its small illiquid asset pool, according to a just released study by the UK EDHEC Risk Institute.

Online historic cash reporting drives SMSF efficiency

MELANIE TIMBRELL  |  TUESDAY, 6 MAR 2012
Macquarie Bank has introduced online access to 10 years worth of historic cash management account statements to support the growing SMSF market.

ATO warns SMSFs on property transfers

ALEX DUNNIN  |  TUESDAY, 6 MAR 2012
The Australian Taxation Office has warned self managed super fund trustees about inappropriate property transfers into super funds, signalling a crackdown into the practice.

Tax and Super bill doesn't go far enough: SPAA

CLAIRE MCGREAL  |  MONDAY, 5 MAR 2012
The Self Managed Super Fund Professionals Association of Australia claims the government's excess contribution tax threshold of $10,000 is not high enough.

H3 Global wins LG Super mandate

CLAIRE MCGREAL  |  THURSDAY, 1 MAR 2012
Westpac- linked H3 Global Advisers has been awarded a $55 million mandate by Local Government Super in New South Wales, pushing its total assets under management to over $600 million.