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Superannuation

US pensions fight for trust

RUTH LIEW  |  MONDAY, 16 MAR 2009
Ten US pension funds which invest $1.4 trillion in global markets have combined their muscle to create a set of five financial regulation principles aimed at restoring investor trust.

SMSFs get "kick up the pants"

MICHAEL HOBBS  |  MONDAY, 16 MAR 2009
The self managed super fund (SMSF) industry needs to act fast to allay government concerns on governance and education or face more crippling regulation, according to industry experts.

Contributions surge to 25pc of wages

ALEX DUNNIN  |  FRIDAY, 13 MAR 2009
Revised statistics on superannuation contributions released by APRA and the ATO reveal an explosion in the amount of money Australians are contributing into their super funds, now running at a quarter of total wages and salaries.

SMSFs beat the market

MICHAEL HOBBS  |  FRIDAY, 13 MAR 2009
The average self managed super fund (SMSF) posted a gross loss of more than 11 per cent in the twelve months to June last year, beating the S&P/ASX 100 over the same period, according to new research.

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.