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Superannuation

Industry fund eyes KiwiSaver accounts

KANIKA SOOD  |  THURSDAY, 2 JUL 2020
A $3.4 billion industry superannuation fund has struck an exclusive partnership which it hopes will help it attract 3000 new members each year.

Mandates from superannuation funds slow

KANIKA SOOD  |  THURSDAY, 2 JUL 2020
Superannuation fund awarded only 30 mandates in the three months to March totaling $2.5 billion, down significantly from the December quarter's 63 totaling $8.6 billion, new data from Rainmaker Information shows.

Super for women under scrutiny

ELIZABETH MCARTHUR  |  THURSDAY, 2 JUL 2020
A financial adviser has questioned whether superannuation needs to be tailored to women specifically, as female focussed funds - such as Verve and Fairvine - grow in popularity.

Super reform should happen, but not now: Grattan

ELIZA BAVIN  |  THURSDAY, 2 JUL 2020
The Grattan Institute has warned that now is not the time to enact sweeping reforms as the nation battles the economic effects of the COVID-19 pandemic.

Cbus brings digital assets in-house

ELIZA BAVIN  |  THURSDAY, 2 JUL 2020
Cbus is working to bring all of its third party digital assets in-house, with the aim of increasing member engagement.

ATO crashes amid tax return, ERS rush

ELIZA BAVIN  |  THURSDAY, 2 JUL 2020
The Australian Taxation Office's website crashed on the first day of the new financial year as Australians rushed to lodge tax returns and apply for the new round of ERS.

Equipsuper, corporate fund merge

JAMIE WILLIAMSON  |  WEDNESDAY, 1 JUL 2020
As it gears up for its own merger, Equipsuper has completed another successor fund transfer, transitioning the corporate super plan of a national wealth management group.

Eaton Vance wins super fund mandate

KANIKA SOOD  |  WEDNESDAY, 1 JUL 2020
A $9 billion superannuation fund has mandated Eaton Vance for a slice of equity allocations for its retired members, with the goal of providing downside protection while meeting specific yield targets.

Chant West, Zenith agree on acquisition

KANIKA SOOD  |  WEDNESDAY, 1 JUL 2020
Chant West is shelving its legal proceedings against Zenith, as the latter comes back to the table on its planned acquisition, which will see Chant West chief executive Brendan Burwood exit the business.

Super funds merge, board revealed

ELIZA BAVIN  |  WEDNESDAY, 1 JUL 2020
First State Super and VicSuper have completed their merger, revealing fee reductions and board changes.