Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

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.

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.