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Superannuation

AustSafe Super licensed for advice

RUTH LIEW  |  MONDAY, 27 APR 2009
The $1 billion AustSafe Super is ramping up its presence in the planning community following the licensing of its regional managers to provide financial advice.

Budget deficit squeezes pension promises

ALEX DUNNIN  |  FRIDAY, 24 APR 2009
The looming federal budget deficit tipped to exceed $50 billion accompanied by a blow-out in the government's borrowing requirement is threatening the Prime Minister's promise to boost age pensions in next month's budget.

Mutual funds outperform instos

RUTH LIEW  |  FRIDAY, 24 APR 2009
Mutual funds are beating their institutional counterparts with the former reporting almost 30 per cent less outflows during last year.

...and targets SMSF market

MICHAEL HOBBS  |  THURSDAY, 23 APR 2009
AMP is moving into the burgeoning self managed super fund (SMSF) market by launching the firm's Ascend SMSF product.

AMP moves into direct super

MICHAEL HOBBS  |  THURSDAY, 23 APR 2009
AMP Financial Services is launching a simple, low cost, no commission online superannuation fund, Flexible Lifetime Super Easy, designed to appeal to Gen X and Y.

Keep co-contributions: HESTA

RUTH LIEW  |  THURSDAY, 23 APR 2009
The $12 billion HESTA Super Fund puts the spotlight on women's super with its call for the Government to retain the super co-contribution scheme in the upcoming Federal Budget.

West Pymble adviser charged

ASIC RELEASE  |  WEDNESDAY, 22 APR 2009
The Supreme Court of New South Wales today sentenced Stephen Lewis Matthews of West Pymble, Sydney, to six months imprisonment for contempt of court.

Praemium and Heffron join forces

MEDIA RELEASE  |  WEDNESDAY, 22 APR 2009
ASX-listed Australian portfolio administration provider, Praemium Limited has joined self-managed superannuation administration firm Heffron to market services to the SMSF market.

AvSuper revamps death insurance

RUTH LIEW  |  WEDNESDAY, 22 APR 2009
The $1 billion aviation industry super fund AvSuper has introduced anti-detriment provisions to members' death benefits.

NCSF and Catholic Super to merge

MICHELLE BALTAZAR  |  TUESDAY, 21 APR 2009
National Catholic Superannuation Fund (NCSF) and Catholic Super have joined forces to form a $3 billion super fund giant with more than 70,000 members.