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Superannuation

Cbus sacks alleged leaker, plans governance review

JAMES FERNYHOUGH  |  FRIDAY, 24 OCT 2014
The Cbus employee allegedly responsible for leaking member information to the Construction, Forestry, Mining and Energy Union (CFMEU) has been sacked, according to Cbus chief executive David Atkin.

Baby boomers in the dark on super: SCT

AAP  |  THURSDAY, 23 OCT 2014
According to the Superannuation Complaints Tribunal there are basically two types of unhappy baby boomers.

Retail funds deny relying on passive investment

JAMES FERNYHOUGH  |  THURSDAY, 23 OCT 2014
Three major retail superannuation funds have rejected claims that they are relying on passive investment strategies to keep MySuper product costs down, confirming they have a significant allocation to active managers.

AustSuper premium hike sees surprise member response

JAMES FERNYHOUGH  |  WEDNESDAY, 22 OCT 2014
AustralianSuper's decision to significantly increase life premiums has had the surprise effect of triggering more members to dial up their cover.

Energy Super discloses all holdings on website

JAMES FERNYHOUGH  |  WEDNESDAY, 22 OCT 2014
Energy Super has developed an online tool that publicly discloses all of its holdings across all asset classes, including the number of units held and the value of each listed holding.

AMP creates global infra platform

JAMES FERNYHOUGH  |  TUESDAY, 21 OCT 2014
AMP Capital has created a global infrastructure platform by combining a new Global Infrastructure Fund with its existing Strategic Infrastructure Trust of Europe (SITE).

MySuper fees approaching KiwiSaver best practice

STAFF WRITER  |  TUESDAY, 21 OCT 2014
While there is lots of self flagellation over super fund fees in Australia, Australian fund fees may be closer to best practice than we realise.

Mercer to launch longevity insurance solution

JAMES FERNYHOUGH  |  TUESDAY, 21 OCT 2014
Mercer will next week launch a new product which it says will "address longevity risk in a way that has never been offered in Australia before."

Voting opens on the SelectingSuper popular awards

STAFF WRITER  |  TUESDAY, 21 OCT 2014
Voting has opened for the SelectingSuper 2014 self managed super fund (SMSF) administrator of the year popular choice and for the consumer choice award division of the SelectingSuper fund awards.

AustralianSuper to double size of in-house investment team

JAMES FERNYHOUGH  |  MONDAY, 20 OCT 2014
The largest super fund in the country, AustralianSuper, plans to double the size of its in-house investment team by 2015, setting a fresh template on how mega-super funds in the future could start managing their multibillion-dollar portfolios.