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Superannuation

Boost for corporate sector as Stronger Super details emerge

MATT WOODINGTON  |  WEDNESDAY, 21 SEP 2011
The Government has released the final details of its Stronger Super reforms policy, which could reduce the fees paid by super fund members by up to 40% with the vast majority of balances being commission free by 2017.

SMSFs feeling the age gap

ELISE BURGESS  |  WEDNESDAY, 21 SEP 2011
The ageing demographics of SMSF trustees may prove to be the real issue for the sector, but that isn't holding it back with rising growth rates and surging fund numbers, heard delegates at a Women in Super event yesterday.

Super survey reveals need for intrafund advice

RACHEL DAVIS  |  TUESDAY, 20 SEP 2011
Research by $3.8 billion industry fund, Energy Super, has revealed a lack of understanding about superannuation investments among its members, with more than 57.8% of those surveyed indicating they were interested in over-the-phone single-issue advice.

AvSuper awards double alternatives mandate

MATT WOODINGTON  |  MONDAY, 19 SEP 2011
AvSuper is poised to deliver two $20 million investment mandates to managers for its growth alternatives portfolio and has appointed a new investment officer.

SMSFs given leeway on property assets

MATT WOODINGTON  |  WEDNESDAY, 14 SEP 2011
Self managed super fund trustees will be allowed to make improvements to property assets under a proposed new ruling from the Australian Taxation Office, which has also relaxed its interpretation of single acquirable assets.

APRA drafts new super guidelines

ELISE BURGESS  |  TUESDAY, 13 SEP 2011
APRA's guidance on contribution, benefit accrual and payment standards are facing changes after the regulator released two new draft guidelines on the legislative requirements.

Super growth static, public sector grows on Health Super merger

MATT WOODINGTON  |  FRIDAY, 9 SEP 2011
The superannuation industry was unable to grow during the June 2011 quarter, as benefit payments and market losses caused almost $24 billion of contributions to go unrewarded.

Retail super fund commissions revealed

MATT WOODINGTON  |  TUESDAY, 6 SEP 2011
Retail super fund members paid almost $3 billion in commissions during 2010, according to new Rainmaker research.

Super funds need to guide members: Investment Trends

ELISE BURGESS  |  TUESDAY, 6 SEP 2011
Superannuation funds need to offer guidance for their members with Investment Trends latest survey finding people want information from their funds to understand market volatility and how they should act.

Australian funds lead global asset growth

MATT WOODINGTON  |  TUESDAY, 6 SEP 2011
Australia now has four representatives in the top 100 global institutional funds ranked by Towers Watson, as the super system drives superior growth to the rest of the world.