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Superannuation

AustralianSuper backs CFA Code

DARREN SNYDER  |  THURSDAY, 4 JUN 2015
AustralianSuper believes the Chartered Financial Analyst (CFA) Asset Manager Code of Professional Conduct underpins the minimum standards within the super fund's investment agreements.

Energy Super awards $400m equities mandate

DARREN SNYDER  |  THURSDAY, 4 JUN 2015
A boutique equity investment manager was awarded a $400 million Australian equities mandate by Energy Super.

Super delivers 12.2% for year end April

ALEX DUNNIN  |  WEDNESDAY, 3 JUN 2015
Returns from super fund default MySuper options dipped to 12.2% for the 12 months to end April but funds are still on track for another solid financial year, according to SelectingSuper's latest performance survey.

Super reforms to hurt retirees

ALEX BURKE  |  TUESDAY, 2 JUN 2015
The Treasury's proposed changes to the Age Pension in the 2015 Budget were targeted at "liquid millionaires" claiming government assistance, but some industry figures say the new rules will hit the most vulnerable retirees over the long-term.

Tax reform cannot be deferred any longer: AVCAL

DARREN SNYDER  |  TUESDAY, 2 JUN 2015
Improving Australia's tax system will allow greater access for equity capital investment in to local businesses and boost the entrepreneurial potential of the economy according to Australian Private Equity & Venture Capital Association Limited (AVCAL).

Legalsuper names new CIO

MARK SMITH  |  MONDAY, 1 JUN 2015
Legalsuper has bolstered its internal investment capability with the appointment of a new chief investment officer from Australian Unity.

MTAA Super appoints new director

ALEX BURKE  |  MONDAY, 1 JUN 2015
MTAA Super has appointed a new director to its board.

Trillion dollar super industry attractive to organised criminals

DARREN SNYDER  |  MONDAY, 1 JUN 2015
The Australian Crime Commission believes Stronger Super reforms implemented from 2013 have reduced illegal early release schemes run through self-managed superannuation funds (SMSFs).

NAS loses VFMC, retains VicSuper

MARK SMITH  |  MONDAY, 1 JUN 2015
Victorian Funds Management Corporation (VFMC) has appointed State Street as its custodian and administrator, ending a 21 year relationship with its previous custodian, NAB Asset Servicing.

SMSFs need more investment diversity: FinaMetrica

DARREN SNYDER  |  MONDAY, 1 JUN 2015
Risk profiler FinaMetrica believes continued investment in Australian shares and cash could spell disaster for self-managed superannuation funds (SMSFs) when the local market corrects.