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Superannuation

REST and AAS sign five year deal

CLAIRE MCGREAL  |  WEDNESDAY, 1 FEB 2012
REST Industry Super has described the renewal of its contract with fund administration service provider AAS as "one of the largest deals in the superannuation industry".

Property-reliant SMSFs face potential risks

MELANIE TIMBRELL  |  TUESDAY, 31 JAN 2012
Despite the increase in popularity of holding property investments among SMSF trustees, the practice comes with an element of danger, according to HLB Mann Judd.

Super assets soar with 17% annual growth rate

ELISE BURGESS  |  TUESDAY, 31 JAN 2012
Australian super assets have rocketed up 17% in annual growth rate in ten years to US$1.3 trillion, or the equivalent of 96% of Australia's GDP, according to the Towers Watson Global Pension Assets Study.

Super tax concessions in spotlight

MELANIE TIMBRELL  |  MONDAY, 30 JAN 2012
A new government roundtable will see industry groups argue tax concessions are the only way Australians will fully fund their own retirement.

Macquarie partners with Class Super for SMSF offering

ELISE BURGESS  |  MONDAY, 30 JAN 2012
SMSF trustees and advisers will now have access to a new low cost investment offering of selected ASX-listed securities after a joint initiative by Macquarie Specialist Investments and Class Super.

Age Discrimination Commissioner to address WIS

RACHEL DAVIS  |  FRIDAY, 27 JAN 2012
Women in Super are hosting a networking lunch on Monday February 6 in Sydney which will be presented by Susan Ryan AO, Australia's new Age Discrimination Commissioner.

SuperStream compliance poses threat to funds

ELISE BURGESS  |  WEDNESDAY, 25 JAN 2012
Superannuation funds need to start dealing with the impending issues coming their way as SuperStream comes into effect, the head of Towers Watson has warned, with default member definitions under MySuper also posing concerns.

Target setting works for super funds

ELISE BURGESS  |  TUESDAY, 24 JAN 2012
Target setting can offer rewards for super funds according to new research from bond fund manager PIMCO, which assessed strategies used by not for profit defined benefit and defined contribution default fund options.

SMSFs shift focus to property

ELISE BURGESS  |  TUESDAY, 24 JAN 2012
SMSF trustees are slowly embracing property investments for fund investment strategies after the passing of limited recourse borrowing rules, although cash still holds allocation majority.

Default super inquiry receives positive response

CLAIRE MCGREAL  |  MONDAY, 23 JAN 2012
The government inquiry into the selection and ongoing assessment of default super funds has been broadly welcomed within the industry.