Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 13781 - 13790 of 18178 results for "superannuation"

NAB Super ups employer contribution

RUTH LIEW  |  WEDNESDAY, 24 SEP 2008
... promised benefit, said NAB Super. "The increase is in line with NAB's objective to move beyond compliance with the Superannuation Guarantee legislation," said the fund.

Nestle shuffles asset allocations

RUTH LIEW  |  WEDNESDAY, 24 SEP 2008
Corporate fund Nestle Australia Group Superannuation Fund has revised the asset allocations of its conservative and high growth options following a review of its investment structure. Among the changes were a 2 per cent increase in Aussie equity to ...

Less claims, more benefits: ANZ Super

RUTH LIEW  |  MONDAY, 22 SEP 2008
ANZ Super has reported a lower than expected number of TPD and death insurance claims, an actuarial investigation found - prompting the fund to lower its premium rates as a reward to its members. The fund's actuary recently completed actuarial investigation ...

CalPERS halts lending to big four

RUTH LIEW  |  FRIDAY, 19 SEP 2008
The $274 billion California Public Employees' Retirement System (CalPERS) has temporarily stopped the lending of troubled Wachovia, Goldman Sachs, Morgan Stanley, and State Street shares. Anne Stausboll, interim chief investment officer of CalPERS ...

Qantas Super to exit Constellation

MICHELLE BALTAZAR  |  THURSDAY, 18 SEP 2008
Value manager Constellation turns a new leaf after Qantas Superannuation Limited (QSL) moves to offload its private equity stake and just under $250 million in investments from the group. Constellation's managing director Doug Little said the timing ...

Sunsuper rewrites industry fund model

MICHAEL HOBBS  |  THURSDAY, 18 SEP 2008
... towards providing high-tech and more customised low-cost advice services to members. Speaking at the Association Superannuation Funds of Australia (ASFA) event yesterday, Lally said the challenge for industry super funds is to provide a more comprehensive ...

AusSuper saves members $15m

MICHAEL HOBBS  |  THURSDAY, 18 SEP 2008
AustralianSuper's tax file number campaign has saved members an estimated $15 million in tax. The direct mail campaign was launched in June. The campaign resulted in more than 44 per cent of members responding, saving $15.2 million in tax. "Members ...

DC pension risk reviews flawed

MICHAEL HOBBS  |  THURSDAY, 18 SEP 2008
Watson Wyatt research revealed less than one fifth of defined contribution (DC) pension schemes carried out a risk assessment in the last 12 months despite continued bad markets. Gary Smith, Watson Wyatt senior DC consultant, said this number of risk ...

ASFA proposes asset classification standards

ALEX DUNNIN  |  TUESDAY, 16 SEP 2008
... reflective of their portfolio structure. Ambiguity around these issues, according to ASFA, is why "there are a number of superannuation funds that have ceased to use the words growth and defensive in the Product Disclosure Statements. Rather, the funds ...

Vanguard saves $5m in trading costs

MICHELLE BALTAZAR  |  FRIDAY, 12 SEP 2008
True to the adage 'timing is everything', index manager Vanguard saved investors over $5 million in reduced transactions costs this year through 'crossing savings'. A 'crossing' or a 'special spread' saving occurs when Vanguard fund uses the cash invested ...