The federal government needed to develop comprehensive guidelines for an equitable and flexible system that allowed Australians to live a comfortable retirement, the Actuaries Institute said in its submission to Treasury on the objective of superannuation.

The SMSF Association has called on the federal government to enshrine the objective of superannuation in stand-alone legislation and not as part of existing super or tax laws.

Small Australian Prudential Regulation Authority (APRA) funds (SAF) had gone relatively unnoticed as a considered recommendation or an alternative strategy for many SMSF trustees who would require advice regarding their options not only post 1 July, but right now, according to industry consultant John Wiseman.

The SMSF Owners’ Alliance (SMSFOA) has voiced its dissatisfaction with the Financial System Inquiry’s (FSI) proposed objective of superannuation and believes an aspirational approach should be used in defining its purpose.

Financial planning software provider Midwinter today announced a partnership with Licensing for Accountants to provide tailored compliance and advice technology for its limited licence holders, with strong interest already emerging.

The SMSF Association has announced this morning its director of technical and professional standards Graeme Colley has resigned from the professional body.

Shares from organisations outside of the top 10 Australian Securities Exchange-listed companies proved to be some of the best performers as revealed by the latest reporting season, according to investment manager Van Eck Global. The finding came as a result of an analysis performed by the fund manager that showed recent reported earnings were better […]

Deputy Prime Minister Barnaby Joyce believes superannuation funds should engage in buying Australian property to halt the loss of local land assets to foreign residents. “It frustrates me somewhat when we hear that the largest dairy farm in Australia, Van Diemen’s Land Company, sold the other day [to Moon Lake Investments, owned by a Chinese […]

Superannuation must be detached from the short-term budget cycle and instead linked to a review and assessment process, such as the government’s Intergenerational Report, in order to minimise frequent changes to the system.