Members wear the cost of risk-profile errors


Superannuation fund members are missing out on hundreds of thousands of dollars in retirement savings by having their account set to the wrong investment option for their circumstances and stage of life, according to.. Read More

SMSF planning required for life after death


Principal members of self-managed superannuation funds (SMSF) must have strategic discussions with their family to decide the intentions for the fund after the principal member’s death, according to a super str.. Read More

ACC clamps down on SMSF investment fraud


The Australian Crime Commission (ACC) is cracking down on investment fraud in an attempt to protect the savings of Australians in self-managed superannuation funds (SMSF), as the swelling number of crimes becomes a g.. Read More

SMSF advisers warned about new rules


New rules around related-party transactions are among a raft of legislative updates that self-managed superannuation fund (SMSF) advisers will need to be mindful of in the coming year. Related-party transactions.. Read More

Coalition plan a body blow for super: Shorten


The coalition’s plan to scrap the mining tax should it win the next election would be a major blow to Australians’ retirement savings due to its links to the increase in the superannuation guarantee .. Read More

Not giving up on Trio: ASIC


ASIC chairman Greg Medcraft has used a parliamentary hearing to reaffirm the corporate regulator’s commitment to its investigations into the collapse of Trio Capital and its related entities. In response t.. Read More

Labor eyes further tax cuts


Australia’s superannuation sector could face further budgetary cuts, with Prime Minister Julia Gillard signalling tough decisions need to be made if the government’s medium-term fiscal strategy is to be d.. Read More

Coalition promises superannuation stability


The coalition has earmarked Australia’s superannuation and retirement sectors as key priorities in its plan to win office at the next federal election. Earlier this month, opposition leader Tony Abbo.. Read More

Treasury to recoup Trio funding, imposes levy


Treasury plans to impose a new levy on superannuation funds to recoup close to $20 million in financial assistance granted to victims of Trio Capital in the 2013 financial year. The levy, which was first announc.. Read More

ASIC calls for greater DBF disclosure


ASIC has urged trustees of defined benefit superannuation funds to be more transparent about the financial situation of their funds when communicating with members. The corporate regulator called on trustees to .. Read More

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