AMP Capital acquires Sacramento office tower

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AMP Capital Global Direct Property Fund has purchased a CBD office tower in Sacramento, California for US$29.4 million. The Fund has been an active buyer and seller of US real... Read more continue reading

BT Financial Group receives MySuper approvals for actively-managed lifestage funds

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BT Financial Group has received approval from the Australian Prudential Regulatory Authority for its MySuper licences and will launch actively-managed lifestage funds as its MySuper solution. A lifestage fund means... Read more continue reading

Coalition’s financial services policies will deliver certainty and stability to the financial services industry

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The Coalition’s financial services policies will deliver certainty and stability to Australian retirees that their superannuation will not be tinkered with, Greg Cooper, chairman of the Financial Services council and... Read more continue reading

Rice Warner implements retirement savings equity

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Consulting firm Rice Warner has adopted an innovative approach to bridging the retirement savings gap for its female employees. The initiative addresses a fundamental gender imbalance that affects the retirement... Read more continue reading

Morningstar Australian Superannuation Survey – July 2013

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Morningstar today published results of the Morningstar® Australian Superannuation Survey, providing comprehensive coverage of the performance of Australian-offered retirement savings vehicles to 30 June 2013. The Survey includes both commercial for-profit... Read more continue reading

Local Government Super signs Investor Statement on Bangladesh

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First Australian super fund to join call to improve international garment industry standards Local Government Super (LGS) has become the first Australian super fund to support the ‘Investor Statement on Bangladesh’.... Read more continue reading

Stronger Super is here

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On 1 July 2013, ASIC welcomed key Stronger Super reforms intended to make the Australian superannuation system stronger and more efficient, and to help maximise superannuant retirement income. ASIC has... Read more continue reading

Contribution timing errors ‘dire’, says lawyer

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Contribution timing errors have dire implications, a leading financial services lawyer has warned. ‘Now is the time to check and double check those contribution caps,’ says Peter Townsend, principal of... Read more continue reading

Constant super tinkering highlights benefits of alternative strategies

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Constant Federal Government tinkering with the Australian superannuation system has created distrust in the eyes of most investors, but advisers can treat this as an opportunity to show the value... Read more continue reading

One-minute update: sensible superannuation reforms

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The changes to superannuation arrangements will generate $900 million over the forward estimates to 2015/16 (0.2 per cent of annual receipts) and Federal Treasury estimates that the main measure affecting... Read more continue reading