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Superannuation

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.

Large super funds 'obstruct' withdrawals

ALISON BEVEGE  |  THURSDAY, 11 AUG 2011
Large superannuation funds have been obstructing the release of members' money to self-managed funds by throwing paperwork hurdles in their way, a seminar heard this morning.

SMSFs could use email for SuperStream

ALISON BEVEGE  |  THURSDAY, 11 AUG 2011
Self-managed superannuation funds are likely to have to comply with SuperStream requirements, but they could use email for data transfer, an industry expert has said.

UniSuper chief wins exec of the year award

MATT WOODINGTON  |  THURSDAY, 11 AUG 2011
UniSuper's Terry McCredden won the Fund Executives Association's superannuation executive of the year award in Melbourne last night.

Super funds complacent on sustainability

ELISE BURGESS  |  THURSDAY, 11 AUG 2011
Super funds are slow on the uptake of sustainability reporting, often relying on analysts and fund managers to do the work, but an economic adviser predicts pressure is building for funds to become accountable.

SMSFs can use tax rule to save thousands conference told

ALISON BEVEGE  |  WEDNESDAY, 10 AUG 2011
A proposed law that would impose taxes on super fund assets following the death of the member could save beneficiaries money if they made full use of anti-detriment tax rules, an industry conference heard yesterday.

Super tribunal needs members to solve disputes

ALISON BEVEGE  |  TUESDAY, 9 AUG 2011
The Superannuation Complaints Tribunal is looking for members to resolve disputes as 13 of the 18 member appointments are set to expire in November.