Picking superannuation winners is a ‘political’ solution that disregards best interest of Australians and economy

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The recently released Productivity Commission review of the Australian superannuation industry was written to address political issues with a total disregard for the best interest of members in superannuation funds.... Read more continue reading

Fund members to take centre stage in 2019

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2019 is set to be a year of significant technical, strategic, and regulatory change for the Australian superannuation and insurance sectors, with long-term implications for all stakeholders in these industries,... Read more continue reading

Second straight monthly loss for super members as volatility becomes the new normal

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Super members have suffered their second straight month of negative returns and are now firmly in the red for the financial year as market volatility and political uncertainty weighs on... Read more continue reading

Work test exempt contributions (aka ‘last drinks contributions’) details now released

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In the 2018 May Budget, the Government announced the proposal to allow individuals who are recent retirees and who have attained age 65, to make last chance voluntary contributions by... Read more continue reading

Voluntary super contributions ease

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Voluntary superannuation contributions have eased slightly after approaching record highs as super members appeared to take a breather after riding the bull market of recent years. The latest data from... Read more continue reading

Local Government Super adds to responsible investment credentials with highest GRESB score to date

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Local Government Super (LGS) has further cemented its position as a leader in responsible investment, receiving a 5-star rating and an overall score of 85/100 from the Global Real Estate... Read more continue reading

State Street Global Advisors defines the formula for retirement happiness

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State Street Global Advisors, the asset management arm of State Street Corporation (NYSE: STT), has announced that it has defined a ‘formula for retirement happiness.’ In a new research paper,... Read more continue reading

Don’t panic! What superannuation is teaching the post-GFC world

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Ten years since the collapse of US investment bank Lehman Brothers, Australia’s superannuation funds have accumulated over $1 trillion in retirement savings, providing a windfall for members prepared to take... Read more continue reading

Excess transfer balance determinations now being issued by ATO

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The ATO determines whether a taxpayer has exceeded the transfer balance limit of $1.6m and if a taxpayer has exceeded the $1.6m limit, the ATO must issue an excess transfer... Read more continue reading

Australia ranked 6th globally for retirement outcomes in 2018 Natixis Global Retirement Index

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Australian retirees’ wellbeing is again ranked 6th in the world for the third year running, according to new research from Natixis Investment Managers. Australia’s ranking is largely attributed to an... Read more continue reading