SMSFA highlights potential consequences of franking credit changes

The SMSF Association has raised concerns about a proposed legislative change that would exclude certain distributions funded by capital raisings being eligible for franking credits.

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QSuper to close Self Invest option to new investors

QSuper, part of Australian Retirement Trust, will be closing its Self Invest option to new investors from July.

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Grattan recommends major changes to super ahead of budget

There could be major changes ahead to superannuation taxation and access if budget recommendations by the Grattan Institute are enacted.

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MLC Life Insurance expands focus on insurance in super

MLC Life Insurance has hired Peter Smith as head of business development as the firm focuses on super funds’ insurance offering.

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Extend compulsory super to all self-employed workers: ASFA

An Association of Superannuation Funds of Australia survey has found members overwhelmingly support compulsory superannuation for all self-employed workers, beyond those working in the gig economy.

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Underperforming funds warned to improve member communication

ASIC has issued a warning to trustees of MySuper funds which twice failed the performance test that they need to be more member-centric in their communications.

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Digital check-up offered for SMSF clients

| By Laura Dew |

SMSF software provider BGL Corporate Solutions has announced its software is now integrated with accountantsGPS to offer clients a digital check-up.

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FSC’s roadmap to boost retirement income by $397bn

Policy reforms on how Australians spend their superannuation could boost retirement incomes by $397 billion by 2050, according to research by the Financial Services Council.

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Gig workers miss out on $400m a year in super

Research by Industry Super Australia has found around 275,000 workers could receive, on average, $1,450 in super contributions per annum if the government extended the super guarantee to the gig economy.

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Govt acknowledges stapling impact on insurance

Cbus Super has welcomed the Your Future, Your Super review that acknowledges the importance of access to insurance for workers in hazardous industries.

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Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

1 year 10 months ago
Kevin Gorman

Super director remuneration ...

1 year 10 months ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

1 year 10 months ago

The central bank has announced the official cash rate decision for its November monetary policy meeting. ...

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Australia’s maturing superannuation system delivers higher balances, fewer duplicate accounts and growing female asset share, but gaps and adequacy challenges remain....

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