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Superannuation

Super funds need modern platforms to disclose holdings

ALISON BEVEGE  |  FRIDAY, 19 AUG 2011
Superannuation funds worried about the cost of disclosing their portfolio holdings need to ditch their old legacy platforms, one of the world's biggest platform providers said yesterday.

Super beats term deposits: AMP

ELISE BURGESS  |  FRIDAY, 19 AUG 2011
Superannuation proves to be top investment performer when compared to term deposits, according to AMP chief executive, Craig Dunn, urging for greater support for the industry.

Retail funds narrow satisfaction gap

ALEX DUNNIN  |  THURSDAY, 18 AUG 2011
The satisfaction gap between retail and industry super funds is narrowing, despite the widening investment performance gap, reveals the latest research from Roy Morgan.

Super fund to give financial advice with technology

ALISON BEVEGE  |  THURSDAY, 18 AUG 2011
Industry superannuation fund VicSuper will next week begin using a "rapid advice engine" from Provisio Technologies to deliver single-issue financial advice to members.

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.