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Superannuation

Prime Super buys hospital carparks for stable revenue, growth

ALISON BEVEGE  |  THURSDAY, 18 AUG 2011
Superannuation fund Prime Super has made a large infrastructure investment, buying a stake in nine Australian hospital carparks.

Submissions open on excess super contribution cap refund rules

ALISON BEVEGE  |  THURSDAY, 18 AUG 2011
Financial advisers and self-managed super fund trustees can have their say on the excess contributions cap reprieve after Assistant Treasurer Bill Shorten released a consultation paper yesterday.

Help for advisers with super death tax impact on SMSFs

ALISON BEVEGE  |  WEDNESDAY, 17 AUG 2011
Self-managed super fund trustees and financial advisors can participate in a webinar tomorrow on how to minimise the impact of the new "super death tax" draft ruling with anti-detriment law.

Super now the fourth pillar

ALEX DUNNIN  |  WEDNESDAY, 17 AUG 2011
Superannuation is now the fourth pillar of Australia's social and economic life and the national disability insurance scheme will develop to become the fifth, said minister Bill Shorten at a major superannuation function at Parliament House last night.

Super keeping economy strong: ASFA

RACHEL DAVIS  |  WEDNESDAY, 17 AUG 2011
Australia's superannuation funds are a key factor in helping Australia through times of global market volatility, according to new research commisioned by ASFA.

SMSFs exposed in related party transactions

ALISON BEVEGE  |  TUESDAY, 16 AUG 2011
Self-managed super funds can buy property from related parties but they are better off paying market rates and behaving as if at arm's length, a superannuation legal expert has said.

Super funds want a cost-benefit analysis on disclosure

ALISON BEVEGE  |  MONDAY, 15 AUG 2011
Superannuation funds want a cost-benefit analysis done on the merits of disclosing their investments in response to a new push by the corporate regulator for greater transparency in the industry.

Pensioner inflation hits 4.5%

ALEX DUNNIN  |  MONDAY, 15 AUG 2011
Pensioner living costs are up 4.5% for the past 12 months, compared to regular inflation for the general population which is up only 3.6% over the same period.

In defence of superannuation

ALEX DUNNIN  |  MONDAY, 15 AUG 2011
Superannuation funds earning nearly 7% per annum over the past 20 years has forced minister Bill Shorten to defend the system itself while arguing why lifting SG from 9 to 12% is still a good idea.

Delaney retires amid MTAA board restructure

MATT WOODINGTON  |  FRIDAY, 12 AUG 2011
Michael Delaney is to step down as chief executive officer of MTAA Super in November as part of a major board restructure at the fund.