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Superannuation

$1m does not make you rich, Australians say

MARK SMITH  |  MONDAY, 15 FEB 2016
A fifth of those with a household income of $200,000 are living pay-cheque to pay-cheque and having $1 million does not make you rich.

Parametric announces LGIAsuper mandate

DARREN SNYDER  |  FRIDAY, 12 FEB 2016
Global investment manager Parametric has announced a second industry superannuation fund will use the firm's centralised portfolio management (CPM) strategy for Australian and international equities.

Survey reveals super fund strategic priorities

MARK SMITH  |  FRIDAY, 12 FEB 2016
Post retirement products, member engagement and digital strategy remain top of superannuation funds' three-year strategic plans but new concerns are also being brought to the boardroom, according to a joint survey of fund chief executives by ASFA and ...

Impact investor calls on super fund VC

DARREN SNYDER  |  THURSDAY, 11 FEB 2016
Impact investor Trimantium Capital expects to deploy about $700 million in venture capital by the end of 2016, working with several Australian superannuation funds in the process.

New super data adds more disclosure

DARREN SNYDER  |  THURSDAY, 11 FEB 2016
The first wave of new superannuation data collected and distributed by the Australian Prudential Regulation Authority (APRA) can only add to debate around disclosure rules for super funds.

Rice Warner puts its case for budget changes

DARREN SNYDER  |  THURSDAY, 11 FEB 2016
Industry consultant Rice Warner has called on Treasury to reconsider three superannuation initiatives it put forward for the 2015 federal budget, alongside a raft of other proposed changes in 2016.

Death tax would save budget billions: Costello

DARREN SNYDER  |  THURSDAY, 11 FEB 2016
The pre-budget cloud of ideas continues to thicken with Community Council for Australia chair Tim Costello advocating the federal government create an estate duty or death tax.

Super funds losing billions to fossil fuels

DARREN SNYDER  |  WEDNESDAY, 10 FEB 2016
Activist group Market Forces has published a report estimating 15 Australian superannuation funds have lost about $5.6 billion on fossil fuel investments since 2014.

Parametric exploring super smart beta

DARREN SNYDER  |  WEDNESDAY, 10 FEB 2016
A global asset manager linked to Australian superannuation funds has been toiling with passive and smart beta strategies over the past year on the back of renewed interest.

Industry fund flags DB issues in Fraser review

DARREN SNYDER  |  WEDNESDAY, 10 FEB 2016
An industry superannuation fund has used the Fraser Review on governance to flag its concerns about the administration of defined benefit schemes.