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

Search Results

Showing 761 - 770 of 919 results for "Super SA"

Ministers backed to raise super contribution

MATT WOODINGTON  |  MONDAY, 2 MAY 2011
Christian Super is supporting the decision by the Baptist Union of NSW and ACT to raise the superannuation levy for Ministers of Religion from 9 per cent to 11 per cent. There have been concerns that due to unique taxation arrangements to help churches ...

Fund reaps reward in shopping centre debt

ALISON BEVEGE  |  WEDNESDAY, 20 APR 2011
Industry fund UniSuper has dipped into the debt markets, earmarking $250 million for Australian commercial mortgage backed securities. The deal is subject to ratings agency confirmation of the AAA rating on the note. The universities-based superannuation ...

CareSuper offers online advice

MATT WOODINGTON  |  MONDAY, 21 MAR 2011
The $4.4 billion CareSuper has launched 'Money Mentor', a 12-stage online advice platform for members. The fund said that Money Mentor would show members how to take control of their finances with information on a range of topics, from budgeting, insurance ...

CareSuper adds infrastructure debt

ALISON BEVEGE  |  WEDNESDAY, 9 MAR 2011
Industry fund CareSuper has added infrastructure debt to its portfolio by adding a new mandate with the industry fund-backed Industry Funds Management (IFM). The IFM Infrastructure Debt mandate has yet to be seeded but CareSuper will use IFM as a vehicle ...

StatewideSuper upgrades insurance

ELISE BURGESS  |  FRIDAY, 4 MAR 2011
StatewideSuper has upgraded its income protection and death and total permanent disability (TPD) insurance cover for all existing members. The new upgrades will provide members with higher default cover and the option to take advantage of occupation ...

Sunsuper adds another property mandate

ELISE BURGESS  |  THURSDAY, 3 FEB 2011
Sunsuper has expanded its direct property portfolio after purchasing a $107 million property to compliment its national growth strategy. The super fund said the property purchase would add diversification to its investment portfolio. "This addition ...

Asset Super mulls merger

RUTH LIEW  |  MONDAY, 24 JAN 2011
The chief executive of Asset Super said the fund is open to merger talks and has already been approached by several super funds, ahead of a new three-year strategy that starts this year. "We announced last year that we had five funds approach us directly ...

AvSuper appoints Russell for admin

RUTH LIEW  |  MONDAY, 13 DEC 2010
The $1 billion-plus AvSuper has appointed Russell as its fund administrator - marking Russell's first mandate win for its new in-house administration model. Russell will replace Towers Watson, which outsourced its underlying administration to IBM SuperLife. ...

MTAA halts new money to 'illiquid' option

RUTH LIEW  |  WEDNESDAY, 1 DEC 2010
The $5.7 billion MTAA Super Fund is closing its Target Return Option to new money, as part of the fund's plan to align its liquidity policy with best practice guidelines and proposed APRA reforms. MTAA Super said that it will no longer accept members' ...

VicSuper restructures asset allocation

RUTH LIEW  |  MONDAY, 29 NOV 2010
The $7.7 billion VicSuper has reallocated 5 per cent of its property portfolio to fixed interest, reduced its private equity holdings, and aimed to hedge 65 per cent of its international equities portfolio as part of its investments update in the last ...