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| | | Australia's growing current account deficit will inevitably lead to further policy action to increase national savings and the super industry will play a key role, said David Morgan, former chief executive of Westpac. Morgan told the ASFA conference ... |
| | | | The $1.3 billion industry fund First Super takes a pre-emptive move against losses in down markets by restructuring its investment options, including raising its allocation towards defensive assets. The $1.3 billion industry fund First Super has renamed ... |
| | | | The $2 billion-plus LUCRF Super has improved its income protection insurance and introduced a range of options that allow members to insure their income for a dollar amount. Greg Sword, chief executive of LUCRF Super said the fund had implemented a ... |
| | | | The $4 billion Equipsuper has chosen Mercer to provide member administration services to the fund. Equipsuper, which had 48,000 members and around $4 billion in assets under management at 11 August, has appointed Mercer to take over the fund's administration ... |
| | | | SelectingSuper has recognised the industry's finest, with more than 20 of the country's 400-plus super funds making it to this year's awards shortlist. This morning's SelectingSuper Awards recognised REST Super as the Fund of the Year, and paid tribute ... |
| | | | The $2.2 billion LUCRF Super has appointed JF Capital Partners, Northcape Capital and Perpetual as its new Australian equities managers. The mandates were appointed as part of an overall review of the various asset classes within the fund. LUCRF Super ... |
| | | | The former head of a Swiss teachers' pension fund has been sentenced to four years imprisonment after being convicted of a string of offences including fraud and embezzlement. UK-based publication online publication IPE.com reported Ignace Rey, the ... |
| | | | Retail fund Australian Child Care Super Fund is introducing a new tiered fee structure to lower costs for members, and upgraded its insurance cover last month. ACCSF introduced the tiered fee structure on 1 October - a move that will see members pay ... |
| | | | The $2 billion plus NSW-based Energy Industries Superannuation Scheme has appointed Mercer as its new asset consultant. According to an October newsletter of EISS, which caters to employees working in the energy industry in New South Wales, Mercer was ... |
| | | | Plum Financial Services' assets under administration are set to reach $11.2 billion after the $2.9 billion NAB Group Superannuation Fund subcontracted its administration services to Plum. According to a fund statement, National Australia Bank had elected ... |
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