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Equip to pay super contributions during parental leave

DARREN SNYDER  |  THURSDAY, 21 JAN 2016
Equipsuper is prepared to walk the talk when it comes to helping close Australia's gender savings gap, announcing it will pay superannuation guarantee contributions in to its employees' super accounts during paid and unpaid parental leave. The decision ...

Minimum withdrawal rates act as default: CSIRO

DARREN SNYDER  |  MONDAY, 18 JAN 2016
... initially, is that withdrawals tend to be quite conservative. Most people but by no means all are actually sticking at or staying close to the minimum withdrawal rates, which are quite low," Reeson said. "It does suggest for many people the minimum withdrawal ...

AustralianSuper merges investment options

DARREN SNYDER  |  FRIDAY, 15 JAN 2016
... a streamlining process aiming to keep costs low and refocus the fund's investment efforts. The industry super fund will close its Australian Fixed Interest, International Fixed Interest and International Shares (Hedged) investment options on 28 January ...

Silk joins PRI advisory committee

DARREN SNYDER  |  FRIDAY, 15 JAN 2016
AustralianSuper chief executive Ian Silk has been named as part of the newly created Principles for Responsible Investment (PRI) Asset Owner Advisory Committee. Silk was the only Australian named as one of 15 inaugural committee members from around ...

China's green shoots

BENJAMIN ONG  |  THURSDAY, 14 JAN 2016
The Australian equity market's reaction to better-than-expected Chinese trade data shows just how dependent Ozland is on Beijing. The All Ordinaries index closed 1.2% in the green - the first rise after seven straight days of declines this year - after ...

Fidante makes key sales appointments

ALEX BURKE  |  TUESDAY, 12 JAN 2016
Challenger's boutique fund manager, Fidante Partners, has appointed three new senior sales professionals. Nick Hamilton joins Fidante as head of product and marketing, reporting to Fidante general manager Cathy Hales. Previously he held roles at Invesco ...

Financial services among top taxpayers

DARREN SNYDER  |  FRIDAY, 18 DEC 2015
... group of companies. I am confident of the ATO's oversight of these large players in our economy, and of our ability to keep close watch on the revenue we receive," Jordan said. Jordan said as for the role of foreign owned entities operating in Australia ...

Spire Copper Rock small cap fund added to two platforms

MARK SMITH  |  THURSDAY, 17 DEC 2015
The Spire Copper Rock Capital Global Smaller Companies Fund is now available on key platforms including BT and Macquarie Wrap. The Copper Rock Capital investment team, headed by Stephen Dexter, has a strong 13 year record managing global small caps. ...

IFM Investors launches new equities team

DARREN SNYDER  |  THURSDAY, 17 DEC 2015
... recently launched a global enhanced passive and smart beta equity offering. Its active small caps strategy also reached soft close last year. The company manages about $64.5 billion and is owned by 30 superannuation funds. It has investment teams in ...

Paying women more super not the answer

DARREN SNYDER  |  TUESDAY, 15 DEC 2015
... compound interest. If we can get people to understand a little bit earlier about the idea of compound interest, then it does close that gap. Because the more people can get in to super before they have a break from the workforce the better they are," ...