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Superannuation

SelectingSuper celebrates super powers

RACHEL DAVIS  |  FRIDAY, 4 NOV 2011
Telstra Super, AustralianSuper and Rest were among the winners at this year's SelectingSuper Awards which recognises Australia's top superannuation funds.

MySuper legislation introduced

ELISE BURGESS  |  FRIDAY, 4 NOV 2011
The superannuation system revamp continues with the introduction of legislation that will pave the way for MySuper.

SG Bill enters parliament with strong support

ELISE BURGESS  |  WEDNESDAY, 2 NOV 2011
The Superannuation Guarantee (Administration) Amendment Bill has entered the House of Representatives today with the support of associations and government, with Minister Shorten introducing the abolishment of the age limit.

Prime Super to provide mezzanine finance facility

CLAIRE MCGREAL  |  MONDAY, 31 OCT 2011
Prime Super has expanded its asset portfolio after acquiring a $25.5 million mezzanine finance facility in a deal negotiated by Access Capital Advisers.

ASFA gets behind phoenix reforms

RACHEL DAVIS  |  MONDAY, 31 OCT 2011
The Association of Superannuation Funds of Australia has welcomed proposed legislation to hold directors of phoenix companies liable for any unpaid superannuation entitlements.

Govt infra paper opens investment doors

ELISE BURGESS  |  THURSDAY, 27 OCT 2011
The Government has announced plans to remove tax disincentives and encourage more private investment in infrastructure projects in a bid to entice investments into the local market.

Equipsuper and Vision Super merger appoint CEO

CLAIRE MCGREAL  |  THURSDAY, 27 OCT 2011
Preparations for the merger between Equipsuper and Vision Super appear to be moving at full speed with the announcement that Danielle Press will head the merged fund.

Funds should target retirement income not returns

ALEX DUNNIN  |  THURSDAY, 27 OCT 2011
Poor super fund returns due the worldwide share slump continue to highlight how traditional super fund design is all about accumulation while neglecting the main objective of retirement income.

ACSI helps push News Corp negative vote to 35%

ALEX DUNNIN, CLAIRE MCGREAL  |  TUESDAY, 25 OCT 2011
Pension funds around the world, including the Australian Council of Superannuation Investors (ACSI), last week sent a message to News Corp that contributed up to one-third of votes cast against the current board.

Superannuation alliance speeds up rollover times

CLAIRE MCGREAL  |  MONDAY, 24 OCT 2011
The Affiliation of Superannuation Practitioners is to fully implement its electronic rollover program for member organisations over the next 12 months following its success on a pilot basis since September.