super

SMSF

The Government may have upset APRA-regulated funds via its Your Future, Your Super legislation but it is backing the growth in self-managed funds....

Superannuation

ABC terminates commercial contract with The New Daily

The national broadcaster’s agreement with the industry superannuation fund backed publication has been a “reputational nightmare”, according to Liberal Senator Andrew Bra...

Superannuation

Home buyer inequity to grow if super used for deposit

Lower income purchases would be either less able or unable to take advantage of superannuation tax benefits, according to a report....

Superannuation

Future Super refuses to reveal size of key BetaShares rebate

The scale of a rebate provided by BetaShares to Future Super has given it a competitive edge over a comparable Vanguard product but the super fund is refusing to tell a p...

Superannuation

Liberal and National MPs look to halt SG rise

Governments need to think carefully about embracing ideas that would be popular for the polls but would make lives worse, according to AustralianSuper chair, Don Russell....

Policy & Regulation

The hefty cost of not complying with an ASIC EU

A Gold Coast accountant and former authorised representative who gave self-managed superannuation funds advice has discovered what it costs when you fail to adhere to a c...

Funds management

Federated Hermes’ plan for Australia

The asset manager is looking to focus on the superannuation sector and the top end of private wealth as it targets the Australian market....

Superannuation

Frydenberg throws further doubt on SG increases

The Federal Government has again placed doubt on future rises in the superannuation guarantee with the Treasurer, Josh Frydenberg saying he and the Prime Minister are con...

Superannuation

SMSF advice largely scaled

While the industry is working towards scaled SMSF advice, the Royal Commission and code of ethics has created a confidence issue in the industry, according to BT....

Superannuation

Relief for SMSFs with LRBAs

Self-managed superannuation funds with limited recourse borrowing arrangements will not be penalised for capitalising interest as a result of COVID-19....

Financial planning

More than just super should be portable between jobs

A new report from the McKell Institute has suggested that the portability of superannuation between employers should extend to long service leave and sick leave....

Superannuation

Govt’s ‘attack’ on super is deliberate and calculated: Opposition

The country is dealing with a Liberal Party that is going down a spiral of dangerous ideology and extreme partisan envy, taking workers’ wages and super with it, accordin...

Superannuation

Hume’s ‘positive’ relationship with super funds not translated to industry bodies

Senator Jane Hume says her greatest frustration is the disconnect between what she is being told by superannuation funds and what she is being told by industry bodies....

Policy & Regulation

ASIC asserts its reach into superannuation

On the eve of a major superannuation conference, the Australian Securities and Investments Commission has reminded superannuation fund trustees the degree to which they w...

Superannuation

Did 5% of super early release applicants empty their accounts?

New data has emerged suggesting as many as 5% of early release superannuation applicants entirely emptied their accounts while just 10 superannuation funds paid around 68...