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Superannuation

Super funds on path to becoming trading pros

LAURA MILLAN  |  MONDAY, 1 JUN 2015
Superannuation funds are becoming better at electronic trading as they increase their in house investment capabilities, Bloomberg Tradebook head of Asia Pacific Tom Kingsley said.

Independence on super boards should be skills based

DARREN SNYDER  |  MONDAY, 1 JUN 2015
Global investment consultant Mercer has re-entered the debate around superannuation board governance by releasing a report showing an increasing international trend towards assigning independent directors.

Infocus looking to expand advice services

DARREN SNYDER  |  FRIDAY, 29 MAY 2015
Infocus Wealth Management says it is in discussion with organisations and employer groups to further its outsourced financial advice services nationally.

Super mums must focus on retirement savings

DARREN SNYDER  |  FRIDAY, 29 MAY 2015
Industry superannuation fund REST has entered the discussion about women being more knowledgeable in managing their finances by commissioning a Super Mum Index.

Members less likely to switch from workplace funds

ALEX DUNNIN  |  THURSDAY, 28 MAY 2015
Members are two thirds more likely to switch their personal super funds than their workplace super fund, explaining why retail wealth groups are ramping up their political campaign to decouple superannuation from industrial awards.

SuperStream deadline nearing for employers

DARREN SNYDER  |  WEDNESDAY, 27 MAY 2015
Medium to large employers are being reminded their June 30 deadline to be SuperStream compliant is nearing.

Mercer and Bravura combine for super admin

DARREN SNYDER  |  WEDNESDAY, 27 MAY 2015
Acting as a third party administrator, Mercer recently announced it will use Bravura's unified wealth management platform Sonata to administer multiple books of superannuation and KiwiSaver business for clients across Australia and New Zealand.

First State Super restructures top brass

MARK SMITH  |  WEDNESDAY, 27 MAY 2015
First State Super has restructured its leadership team with the creation of two new senior executive positions

Widen access to PLS, say cross-bench senators

ALEX DUNNIN  |  WEDNESDAY, 27 MAY 2015
Senators Jacqui Lambie, Glenn Lazarus, Ricky Muir and Nick Xenophon have called on the government and opposition to back legislation to broaden access to the Pension Loan Scheme (PLS).

Fight profit shifting, ACTU tells industry funds

ALEX DUNNIN  |  WEDNESDAY, 27 MAY 2015
Union appointed industry super fund trustees should use their board influence to treat profit shifting by multi-national companies as a corporate governance issue and also promote infrastructure investment, delegates at the 2015 ACTU Congress were told ...