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Superannuation

The SMSF debt binge

JOHN MCDULING  |  TUESDAY, 9 NOV 2010
Gearing used by self-managed super funds has doubled over the past two years, largely to fund purchases of property, a new study has found. And the debt binge looks set to continue with another 40 per cent of SMSFs ready to embrace gearing over the next ...

Calls to fast track higher SG: survey

ELISE BURGESS  |  TUESDAY, 9 NOV 2010
Three in five Australians want the government to introduce the law on raising compulsory superannuation payments (SG) sooner rather than later, according the latest ASFA survey.

MLC and HIP partner in insurance

ELISE BURGESS  |  MONDAY, 8 NOV 2010
MLC Group Insurance has partnered with Health Industry Plan (HIP) to develop group insurance enhancements for the fund's members, including a 20 per cent rise in death cover benefits.

SelectingSuper celebrates top 2010 funds

RUTH LIEW  |  FRIDAY, 5 NOV 2010
Asgard, CareSuper and Telstra Super were among the winners at this year's SelectingSuper Awards, which recognises Australia's top superannuation funds.

Maritime restructures asset classes, doubles insurance

RUTH LIEW  |  FRIDAY, 5 NOV 2010
The $3 billion Maritime Super combined its listed and direct property investments under one asset class, merged its absolute return and alternatives portfolios and doubled its insurance cover for members as part of a fund review this year.

UK edges closer to universal pension scheme

JOHN MCDULING  |  FRIDAY, 5 NOV 2010
The ruling Conservative-Liberal Democrat coalition will push ahead with plans to introduce a universal pension scheme in the UK.

EQT completes OAMPS buy

RUTH LIEW  |  THURSDAY, 4 NOV 2010
Equity Trustees has finalised its acquisition of the $265 million OAMPS Super Fund.

APRA puts spotlight on super

JOHN MCDULING  |  THURSDAY, 4 NOV 2010
APRA's latest annual report sheds light on some of the challenges facing the superannuation industry, including liquidity management and the valuation of unlisted assets.

Workers to wear SG rise: Shorten

JOHN MCDULING  |  THURSDAY, 4 NOV 2010
Superannuation minister Bill Shorten has put himself and the government on a collision course with the union movement following repeated statements that the SG increase will not be funded by employers but by employees.

Super education on offer

ELISE BURGESS  |  TUESDAY, 2 NOV 2010
Superannuation management university qualification courses are now available for those keen to forge a career in the $1.2 trillion superannuation industry.