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Superannuation

Energy Super first feature rollout

ELISE BURGESS  |  TUESDAY, 3 MAY 2011
Energy Super, the newly merged offspring of ESI Super and SPEC Super, has taken its first actions in the market with the creation of a discount program targeting existing and new members.

Super funds win merger tax relief

ALISON BEVEGE  |  TUESDAY, 3 MAY 2011
Merging superannuation funds have been granted a three-month tax relief extension by Financial Services and Superannuation Minister Bill Shorten.

Ministers backed to raise super contribution

MATT WOODINGTON  |  MONDAY, 2 MAY 2011
Christian Super is supporting the decision by the Baptist Union of NSW and ACT to raise the superannuation levy for Ministers of Religion from 9 per cent to 11 per cent.

High level super talks on now

ALISON BEVEGE  |  MONDAY, 2 MAY 2011
Top superannuation fund chiefs are today locked in high-level talks with Financial Services Minister Bill Shorten on a range of issues including raising the superannuation guarantee.

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).