10 May 2007 | At the same time the major political parties debate the future of Australia’s new workplace relations laws, the ATO is telling state-based employers that their employees may have access to choice of superannuation fund, effective from July 1.
10 May 2007 | The Promina Group’s financial services arm, Asteron, has accepted a transfer of around $94 million from the Challenger Superannuation Fund into the Asteron Superannuation Fund.
10 May 2007 | Melbourne-based actuarial firm ButtlerWalker has predicted that Australia’s choice of superannuation fund regime will continue to generate only moderate levels of churn, with the key change-point for most people being when they change jobs.
9 May 2007 | Members of the South Australian-based Statewide superannuation fund can now make a deliberate choice to invest in non-traditional asset classes.
9 May 2007 | Having given retail master trusts some heartburn with their ‘compare the pair’ choice of superannuation fund advertising campaign, industry superannuation funds are now trying the same concept in the banking arena.
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20 April 2006 | The advent of choice of fund has not resulted in a major improvement in the number of Australians holding two or more superannuation accounts, according to data released this week by the Institute of Chartered Accountants in Australia.
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11 April 2006 | Superannuation funds should act within 10 days of receiving requests relating to transfers, according to new superannuation switching guidelines issued this week by the Association of Superannuation Funds of Australia.