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Superannuation

SG war far from over

ALEX DUNNIN  |  FRIDAY, 25 FEB 2011
The super fund campaign to increase inflows through a forced rise in compulsory contribution levels seems to be waivering with the AIST again maneuvered into coming out to defend the rise from another business lobby attack.

Untapped potential in salary sacrifice

ALISON BEVEGE  |  THURSDAY, 24 FEB 2011
Untapped potential exists for super funds to increase inflows through salary sacrifice according to an online poll conducted by REST Industry Super.

SMSFs to hedge more against longevity risk

MATT WOODINGTON  |  THURSDAY, 24 FEB 2011
Longevity is the largest risk faced by self-managed super fund trustees before they retire due to highly unpredictable markets, a longevity risk expert said.

SPAA to lift professional standards

MICHELLE BALTAZAR  |  WEDNESDAY, 23 FEB 2011
More than 1,100 delegates are in Brisbane this week to attend the annual Self Managed Super Fund Professional's Association (SPAA) conference, a record turnout that highlights the growing importance of SMSFs in financial services.

Legalsuper employer contribs jump 15 pc

ALEX DUNNIN  |  WEDNESDAY, 23 FEB 2011
Boutique legal industry super fund legalsuper reported a 15 per cent jump in employer contributions for the six months to 31 December 2010, reinforcing the rising inflows they attracted in 2009.

J.P. Morgan wins $1.5bn custody mandate

MEDIA RELEASE  |  TUESDAY, 22 FEB 2011
J.P. Morgan Treasury & Securities Services (TSS) is the new custodian and administration provider of corporate super fund City Super.

Low contrib caps slam brakes on SMSFs

MICHELLE BALTAZAR  |  MONDAY, 21 FEB 2011
Existing rules around contribution caps have prevented self-managed super fund trustees from saving more for their retirement, with new research showing that at least $15.1 billion of assets could have been added to the superannuation pool last year ...

Super stoush over opt-in scheme

ALISON BEVEGE  |  MONDAY, 21 FEB 2011
A super industry stoush is brewing over annual opt-in fees proposed under the Future of Financial Advice (FoFA) reforms.

Bank blocks pension gold

MATT WOODINGTON  |  MONDAY, 21 FEB 2011
Central bank De Nederlandsche Bank (DNB) ordered Dutch pension fund SPVG to reduce its investment in gold from 13 per cent of its portfolio to three per cent or less.

Rise of 'climate sensitive' asset allocation: Mercer

MATT WOODINGTON  |  MONDAY, 21 FEB 2011
Superannuation funds are being encouraged to embrace the investment opportunities brought on by climate change by investing in so called 'climate sensitive assets'.