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Superannuation

AustralianSuper narrows income protection definition

STAFF WRITER  |  THURSDAY, 7 MAY 2015
AustralanSuper has made changes to its insurance, including cutting the cost of death cover and some income protection cover and changing definitions that apply to income protection.

AustralianSuper buys $370m stake in Boston building

LAURA MILLAN  |  WEDNESDAY, 6 MAY 2015
AustralianSuper has acquired a 49% stake in a building in Boston following a joint venture partnership with US-based Brookfield Property Partners.

Virgin and Mercer announce super partnership

DARREN SNYDER  |  TUESDAY, 5 MAY 2015
Virgin Money Australia has announced the next step in the development of its superannuation fund.

CSRI identifies super flaws

ALEX BURKE  |  MONDAY, 4 MAY 2015
Ahead of its post-budget forum on June 2, the Committee for Sustainable Retirement Incomes has identified key issues with Australia's superannuation system in its FSI submission.

Legalsuper finds savings in manager reshuffle

MARK SMITH  |  MONDAY, 4 MAY 2015
Industry super fund legalsuper has replaced a number of high profile fund managers in its investment manager line-up.

CFS reveals retirement income strategy

LAURA MILLAN  |  MONDAY, 4 MAY 2015
Colonial First State (CFS) will make annuities available through its First Choice and First Wrap platforms later this year as part of a broader strategy to allow advisers to build retirement portfolios for clients.

LGS launches shareholder voting website

DARREN SNYDER  |  MONDAY, 4 MAY 2015
Local Government Super is reported to be the first super fund in Australia disclosing its voting intentions in advance of investee company shareholder meetings.

ASIC delays super portfolio disclosure again

STAFF WRITER  |  FRIDAY, 1 MAY 2015
The start date for portfolio holdings disclosure reporting and choice product dashboard requirements has been delayed until 1 July 2016, the Australian Securities and Investments Commission (ASIC) said.

Superannuation trustees under the spotlight: APRA

DARREN SNYDER  |  THURSDAY, 30 APR 2015
Some of the trustees of APRA regulated super funds lack understanding of their fund's investment strategy and underlying investments, according to Australian Prudential Regulation Authority (APRA) member Helen Rowell.

First Super appoints independent director

DARREN SNYDER  |  THURSDAY, 30 APR 2015
First Super has added another independent director to its board, former Victorian government minister Candy Broad.