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Superannuation

Evolution of super

MICHELLE BALTAZAR  |  THURSDAY, 7 AUG 2008
Ne'er the twain shall meet but retail fund chief Brian Bissaker from Colonial First State and industry fund chief Ian Silk from Australian Super, shared centre stage to talk about how the industry can best serve financial planners, its members and the ...

SMSF trustee faces criminal charges

RUTH LIEW  |  WEDNESDAY, 6 AUG 2008
Castle Hill resident Atan Ona Kassongo has become the first SMSF trustee to be charged by ASIC for failing to maintain the fund in accordance with the sole purpose test.

Fix contributions, then worry about fees: Keating

ALEX DUNNIN  |  WEDNESDAY, 6 AUG 2008
Getting super contributions up to 15 per cent and pushing retirees to income streams is more important than fixing fees and administrative efficiencies, said superannuation's political architect and former Prime Minister, Paul Keating.

New super book for indigenous mob

MICHAEL HOBBS  |  TUESDAY, 5 AUG 2008
The federal government welcomed the new edition of the Australian Securities and Investments Commission (ASIC) indigenous superannuation booklet, Super and Us Mob.

AUSfund rolls out $4.3m

RUTH LIEW  |  TUESDAY, 5 AUG 2008
The $660 million Eligible Rollover Fund AUSfund recently returned $4.3 million to its members in seven weeks.

Future Fund still on hiring spree

RUTH LIEW  |  MONDAY, 4 AUG 2008
The $61.5 billion government Future Fund is looking to appoint three new team members to boost its operations and investment teams.

Till losses do us part

MICHELLE BALTAZAR  |  MONDAY, 4 AUG 2008
The ability of super funds to retain members and attract new ones will be put to the test after a new poll revealed one in five will switch funds if they see red in their next member statement.

Remarried war vet widows get pension

RUTH LIEW  |  FRIDAY, 1 AUG 2008
Widows and widowers of war veterans who might have had their pensions stopped after they remarried are now able to access their funds again under new government rules.

ASFA supports same sex super bill

MICHAEL HOBBS  |  FRIDAY, 1 AUG 2008
The Association of Superannuation Funds (ASFA) is backing the government's proposal to change the law and allow same sex couples to access a partner's superannuation death benefit easier and more tax effectively.

Wage bill to drive pension growth: WW

MICHAEL HOBBS  |  THURSDAY, 31 JUL 2008
The UK government's proposal to increase the adult national minimum wage for 21 year olds could raise employer pension contributions by 50 per cent, according to Watson Wyatt.