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Superannuation

SMSF trustees hit pension payment woe

ALISON BEVEGE  |  FRIDAY, 29 APR 2011
Self-managed super fund trustees risk being hit by tax and forced liquidations in the pensions phase if they don't plan ahead, financial services firm HLB Mann Judd has warned.

AustralianSuper new player in advice industry

ELISE BURGESS  |  FRIDAY, 29 APR 2011
In news that has shaken the financial advice and super industries, AustralianSuper will partner with six financial planning groups to create a complete advice and super service for clients.

Super funds praise reforms

ALISON BEVEGE  |  THURSDAY, 28 APR 2011
The superannuation funds industry responded to the Government's financial reforms today with praise for the expansion of scaled advice.

Dealer groups miss commissions

ALISON BEVEGE  |  THURSDAY, 28 APR 2011
Dealer groups today welcomed the future of financial advice reforms - but unanimously disapproved of the banning of life insurance commissions within superannuation funds.

SPAA positive but fears bad practice post FOFA

ELISE BURGESS  |  THURSDAY, 28 APR 2011
The Self Managed Super Fund Professionals' Association (SPAA) has responded positively to the FOFA reforms but expressed fears that the banning of risk commissions may shift market.

Super trustees new cloud solution

ELISE BURGESS  |  THURSDAY, 28 APR 2011
Superannuation trustees have been given a new office solution in a bid to create more cost-effective processes, with the product given the stamp of approval by Australian Institute of Superannuation Trustees (AIST).

Fund managers struggle to beat index

ALISON BEVEGE  |  WEDNESDAY, 27 APR 2011
Active fund managers found it very difficult to beat benchmark performance indexes after fees in the first quarter, research house Morningstar has revealed.

Super funds turn to dark pools

ALISON BEVEGE  |  WEDNESDAY, 20 APR 2011
Large superannuation funds are talking to bulk share-trading venue provider Liquidnet Australia to quietly deal in large blocks of equities, the broker said yesterday.

Fund reaps reward in shopping centre debt

ALISON BEVEGE  |  WEDNESDAY, 20 APR 2011
Industry fund UniSuper has dipped into the debt markets, earmarking $250 million for Australian commercial mortgage backed securities.

Ansett trustees make a move

ELISE BURGESS  |  TUESDAY, 19 APR 2011
Super trustees for failed airline Ansett will finally issue an interim distribution statement to members of the Ansett Residual Superannuation Fund, some ten years after the collapse of the company.