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Superannuation

SPAA awards industry's best

MICHAEL HOBBS  |  FRIDAY, 13 MAR 2009
The Self Managed Super Fund Professionals' Association of Australia (SPAA) recognised the best and brightest professionals in the sector with Jenny Power and Joanne Heighway winning the Chairman's Award and CEO Scholarship respectively.

SPAA reloads for 2009

MICHAEL HOBBS  |  THURSDAY, 12 MAR 2009
This year the Self Managed Super Fund Professionals' Association of Australia (SPAA) will get more involved in parliamentary inquiries, add more staff to provide a better service to members and change its advertising campaign.

ATO targets early access and in-house rules

MICHAEL HOBBS  |  THURSDAY, 12 MAR 2009
The Australian Tax Office (ATO) is targeting illegal early access to retirement savings and stepping up its compliance activities to ensure self managed super fund (SMSF) trustees don't break the law.

Super assets lose $25bn

RUTH LIEW  |  WEDNESDAY, 11 MAR 2009
Superannuation assets suffered a $25.1 billion loss for the financial year to 30 June 2008 - but smaller funds have bucked the trend to increase assets by 6.7 per cent to $361 billion, according to data released by APRA.

SPAA membership rises 50 pc

MICHAEL HOBBS  |  WEDNESDAY, 11 MAR 2009
The Self Managed Super Fund Professionals' Association of Australia (SPAA) saw membership jump 50 per cent in a year as service providers seek greater professional recognition.

ASSET Super launches TTR calculator

COMPANY RELEASE  |  WEDNESDAY, 11 MAR 2009
A new interactive web-based calculator has been released by Asset Super to help people considering a transition to retirement strategy in the lead up to full retirement.

ASIC cracks down on Hafoka

MEDIA RELEASE  |  WEDNESDAY, 11 MAR 2009
Sonatane Haitoni Hafoka of Shalvey, New South Wales, has faced the Downing Centre Local Court on charges of aiding and abetting the trustee of a dishonest self-managed super fund.

GESB seeks more unlisted exposure

RUTH LIEW  |  TUESDAY, 10 MAR 2009
West Australian-based Government Employees Superannuation Fund (GESB) is considering increasing its current asset allocation of 5 per cent into unlisted assets after it was hard hit by the downfall of equities markets.

Maritime Super sets sail

MICHAEL HOBBS  |  TUESDAY, 10 MAR 2009
The Stevedoring Employees' Retirement Fund (SERF) and the Seafarers Retirement Fund (SRF) officially merged to create a $2.6 billion Maritime Super this month.

Three firms wound up by ASIC

COMPANY RELEASE  |  MONDAY, 9 MAR 2009
The Supreme Court of New South Wales has wound up three companies promoted by Online Super Pty Ltd (Online Super) following an application by ASIC.