Publication: Super Review

First reported Aug 19 2014 - Updated 17 hours ago - 1 reports

White collars beating average life expectancy

David AndersonAverage life expectancy is not the only factor to consider when designing policy around superannuation, as many are likely to live beyond the average, Mercer research said.Mercer studied the mortality rates of public sector pensioners, which ... [Published Super Review - Aug 19 2014]
First reported Aug 19 2014 - Updated Aug 19 2014 - 2 reports

Median growth fund gains slightly: Morningstar

Australian superannuation funds showed small growth over July, with the median growth fund returning 1.4 per cent, according to the Morningstar Australian Superannuation Survey.Individual results varied from a high of 2.6 per cent to a low of 0.4 per ... [Published Super Review - Aug 19 2014]
First reported Aug 19 2014 - Updated Aug 19 2014 - 1 reports

APRA issues conglomerates guidance

Australia's largest financial services conglomerates have been placed on notice by the Australian Prudential Regulation Authority (APRA) that they have to take consistent responsibility for all elements of their businesses, even those which fall outside ... [Published Super Review - Aug 19 2014]
First reported Aug 19 2014 - Updated Aug 19 2014 - 1 reports

Retail funds dominate on investment and insurance options

A mix of both retail, industry and corporate superannuation products have been assessed as worthy of the top Five Quality Star rating by independent superannuation and actuarial firm, the Heron Partnership, but retail funds have dominated those as offering ... [Published Super Review - Aug 19 2014]
First reported Aug 19 2014 - Updated Aug 19 2014 - 1 reports

Cost issue not central to super system

Michael VrisakisCalls by the Financial System Inquiry (FSI) to address the inefficiencies in the cost structure of the superannuation system are misplaced, according to a law firm.Herbert Smith Freehills (HSF) said that while it does not dispute the need ... [Published Super Review - Aug 19 2014]
First reported Aug 14 2014 - Updated Aug 14 2014 - 1 reports

Portfolio disclosure adds nothing for fund members

Disclosing portfolio holdings within superannuation funds will make little difference to fund members who lack control over super fund investment decisions and are unable to act on the information according to a leading legal firm.King & Wood Mallesons, ... [Published Super Review - Aug 14 2014]
First reported Aug 14 2014 - Updated Aug 14 2014 - 1 reports

Super funds hamstrung within tax treaties

The tax treaties entered into by Australia are not always providing an adequate benefit to the nation's superannuation funds, according to the Association of Superannuation Funds of Australia (ASFA).In a submission to the Treasury on Australia's tax treaty ... [Published Super Review - Aug 14 2014]
First reported Aug 14 2014 - Updated Aug 14 2014 - 1 reports

Super funds urged to move away from growth assets

A new study into the ‘retirement risk zone' showed the investment choices people in pre- and post-retirement are making within super are putting them at risk.Released by the Centre for International Finance and Regulation (CIFR), the study showed Australian ... [Published Super Review - Aug 14 2014]
First reported Aug 14 2014 - Updated Aug 14 2014 - 1 reports

GBST delivers live contributions

SuperStream gateway provider GBST announced it has delivered its first live SuperStream electronic choice contributions messages.It started live contributions on 4 August, and made the first delivery of SuperStream-compliant contributions from employers ... [Published Super Review - Aug 14 2014]
First reported Aug 14 2014 - Updated Aug 14 2014 - 1 reports

Reforms hinder super after-tax strategies

Raewyn WilliamsRegulatory reform fatigue has prevented superannuation funds from focusing on after-tax investing, according to Parametric.Director, research and after-tax solutions Raewyn Williams said the scale of MySuper and Stronger Super regulatory ... [Published Super Review - Aug 14 2014]
First reported Aug 12 2014 - Updated Aug 12 2014 - 1 reports

ASIC warning on miscategorising SMSF advice

The Australian Securities and Investments Commission (ASIC) has warned it will take action against financial advisers who miscategorise Self Managed Superannuation Funds (SMSFs) as wholesale clients.In a move to clarify its approach to the treatment of ... [Published Super Review - Aug 12 2014]
First reported Aug 12 2014 - Updated Aug 12 2014 - 1 reports

Northern Trust makes Asia-Pacific appointment

Northern Trust has appointed Peter Jordan as head of Global Fund Services (GFS) in the Asia-Pacific region.He will be based in Melbourne.Jordan was made head of GFS in Australia and New Zealand earlier this year. In his new role he will report to head ... [Published Super Review - Aug 12 2014]

Quotes

"The importance of strong group-wide governance, risk management and capital adequacy is therefore critical not just to these groups, but to the stability of the financial system more broadly" he said
"We know half of all public workers — which can fairly be extrapolated to apply to Australia's nearly eight million white collar workers — will live well beyond the average and we need to begin planning more accurately for financial security at a personal and macro level" Mercer managing director and Pacific market leader David Anderson said
"Rent is the concept used by economists to describe the quantum of profit above that required to compensate for the risk undertaken" the law firm said
"They felt that they had a lot of time to get to the capitalcapital gains tax management issues because of the GFC losses, but it's just now starting to gain some momentum again in the industry."

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All (72) | News (72) | Reports (0) | Blogs (0) | Audio/Video (0) | Fact Sheets (0) | Press Releases (0)
sort by: Date | Relevance
APRA issues conglomerates guidance [Published Super Review - Aug 19 2014]
White collars beating average life expectancy [Published Super Review - Aug 19 2014]
Cost issue not central to super system [Published Super Review - Aug 19 2014]
Retail funds dominate on investment and insuran... [Published Super Review - Aug 19 2014]
Median growth fund gains slightly: Morningstar [Published Super Review - Aug 19 2014]
Aussie fund managers on par in July [Published Super Review - Aug 19 2014]
Reforms hinder super after-tax strategies [Published Super Review - Aug 14 2014]
GBST delivers live contributions [Published Super Review - Aug 14 2014]
Super funds urged to move away from growth assets [Published Super Review - Aug 14 2014]
Portfolio disclosure adds nothing for fund members [Published Super Review - Aug 14 2014]
Super funds hamstrung within tax treaties [Published Super Review - Aug 14 2014]
Northern Trust makes Asia-Pacific appointment [Published Super Review - Aug 12 2014]
T. Rowe Price and FEAL launch leadership program [Published Super Review - Aug 12 2014]
Post-retirement plans going unfulfilled [Published Super Review - Aug 12 2014]
Independent directors not warranted for super f... [Published Super Review - Aug 12 2014]
Holistic view needed on super tax concessions [Published Super Review - Aug 12 2014]
ASIC warning on miscategorising SMSF advice [Published Super Review - Aug 12 2014]
Minimum deferral periods a shackle for DLAs [Published Super Review - Aug 07 2014]
ALP wants super mandate [Published Super Review - Aug 07 2014]
Life/risk sector slammed [Published Super Review - Aug 07 2014]
NGS retirement product aims for capital growth [Published Super Review - Aug 07 2014]
Super tax management needs consolidation [Published Super Review - Aug 07 2014]
Next Storm could brew in SMSF [Published Super Review - Aug 07 2014]
Retirees’ needs not being met [Published Super Review - Aug 05 2014]
Mercer unveils tax and super plan [Published Super Review - Aug 05 2014]
ASFA wary of using super for home deposits [Published Super Review - Aug 05 2014]
Energy Super creates GM Investments position [Published Super Review - Aug 05 2014]
AVCAL calls for enhanced innovation [Published Super Review - Aug 05 2014]
Solid growth points to Class IPO [Published Super Review - Aug 05 2014]
Pay-out requirements for SIS-related products t... [Published Super Review - Aug 05 2014]
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