Cooper announces SuperStream to enhance efficiency of superannuation

Verdnik, Adrian
May 2010
Keeping Good Companies (14447614);May2010, Vol. 62 Issue 4, p241
The article discusses the Issues Paper titled "Phase Two: Operations and Efficiency," released by the Super System Review Panel. The SuperStream concept incorporated the panel's recommendation to address the problems of the Australian administration in 2010 such as the lack of industry data standards, manual and disparate processes and lack of a robust member identifier. It indicates SuperStream's approach to streamline the administration of superannuation and allow funds and administrators to cut through red tape and improve efficiency.


Related Articles

  • It's not the weapon - it's how you use it.  // Super Review;Nov2011, Vol. 25 Issue 10, p11 

    The author reflects on the impact of the Stronger Super legislation on the Australian Prudential Regulation Authority (APRA). He argues on the announcement by the Australian government that the authority will be provided a general prudential-standards-making power associated with superannuation....

  • Coalition furthers its commitments on super. Taylor, Mike // Money Management;2/21/2013, Vol. 27 Issue 6, p5 

    The article focuses on the commitments from Federal Opposition of Australia to the superannuation sector such support on the increase of compulsory super, not support measures in failed mining tax, and encourage savings among Australians.

  • Follow the leader.  // Super Review;Jul2010, Vol. 24 Issue 6, p24 

    The article offers an explanation for some people on the superannuation industry who ar clearly cynics when it comes to politics in Australia.

  • Govt must address concessional caps. Taylor, Mike // Money Management;11/17/2011, Vol. 25 Issue 44, p12 

    The article discusses a roundtable on the Stronger Super package of the Australian government, organized by the periodical "Super Review."

  • Never too young for Simpler Super. Ashenden, Bryan // Money Management;3/15/2007, Vol. 21 Issue 9, p28 

    The author looks into the tax treatment of income streams for under 60s as part of the "Simpler Superannuation" proposals in Australia. It is stated that under the proposed changes, the client must notify the superannuation fund trustee of his or her intention of claiming deduction before...

  • Proposed super borrowing rule changes. Day, Craig // Money Management;6/17/2010, Vol. 24 Issue 21, p26 

    The article examines the introduction of the Superannuation Industry Amendment Bill 2010 in Australia and its proposed changes. It notes that the bill is designed to repeal the instalment warrant borrowing exemption in section 67 of the Superannuation Industry Act 1993 and replace it with a...

  • Accountants question Govt's excess contributions remedy. Taylor, Mike // Super Review;Feb2012, Vol. 26 Issue 1, p3 

    The article reports on the move of the Institute of Chartered Accountants in Australia which raised questions about the government's approach to excess superannuation contributions and the role of the Commissioner for Taxation.

  • Lifting the levy: Raising the default level of super life insurance. Taylor, Mike // Super Review;Jun2006, Vol. 20 Issue 5, p16 

    The article focuses on the issue related to the significance of the removal of Reasonable Benefits Limit (RBL) in the proposed budget to lift the level of superannuation funds offered to consumers in Australia. Carly O'Keefe of Tower Australia Ltd. refers to the role of the budget in changing...

  • Forward forecasts better on super.  // Money Management;2/23/2012, Vol. 26 Issue 6, p10 

    The article reports on the white paper released by Provisio Inc. in February 2012, which argues that superannuation fund reporting in Australia has altered since the introduction of the superannuation guarantee by the Hawke Labor Government.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics