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Superannuation

SMSFs focus on risk reduction: report

RACHEL DAVIS  |  WEDNESDAY, 15 FEB 2012
Launched today at the Self-Managed Super Fund Professionals Association of Australia (SPAA) conference was the second annual SMSF report, which revealed a focus among trustees on risk reduction and increased interest in SMSFs among a younger demographic.

Disclosure regulations unnecessary: FIRSTSUPER

ELISE BURGESS  |  WEDNESDAY, 15 FEB 2012
The superannuation disclosure debate and industry transparency was raised again yesterday after ASIC promised future guidance for super funds, meanwhile one super fund that already uses disclosure practices has called the actions "unnecessary".

Contrib caps improve super social equity

ALEX DUNNIN  |  WEDNESDAY, 15 FEB 2012
Tightening superannuation contribution caps over the past five years have significantly improved superannuation's social equity, claims a new research report from peak superannuation interest group ASFA.

New data questions SMSF inflows

ELISE BURGESS  |  MONDAY, 13 FEB 2012
New data indicates SMSF net inflows may be decelerating, both in terms of dollars and as a percentage of average assets, raising questions about whether the market has reached its peak.

SuperStream exposure draft a positive step

ELISE BURGESS  |  MONDAY, 13 FEB 2012
The industry has welcomed the Government's exposure draft legislation and a draft explanatory memorandum, detailing new proposed legislation to improve the administration and management of super accounts through the SuperStream reforms.

UniSuper confirms working group

MELANIE TIMBRELL  |  MONDAY, 13 FEB 2012
UniSuper has confirmed it will establish a working group to review the defined benefit funding issues raised last year.

Stronger Super makes trustee role unappealing: Mercer

ELISE BURGESS  |  THURSDAY, 9 FEB 2012
Additional requirements placed on super fund trustees in the proposed Stronger Super legislation will make the role less appealing and raise costs, according to Mercer's submission to the Federal Treasury.

OneVue adds retail super to platform

MELANIE TIMBRELL  |  THURSDAY, 9 FEB 2012
OneVue has added a retail superannuation offering to its unified managed account platform for advisers.

Trio super victims receive compensation

CLAIRE MCGREAL  |  WEDNESDAY, 8 FEB 2012
More than $54 million in compensation is set to be pumped into the super accounts of over 5,000 people whose retirement savings were defrauded in the collapse of Trio Capital from today.

New tax proposals aim to consolidate lost super

CLAIRE MCGREAL  |  WEDNESDAY, 8 FEB 2012
New tax laws being recommended to Parliament look set to benefit people who have rediscovered lost super balances in various funds.