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Superannuation

Expand PLS to all age pensioners: TAI

ALEX DUNNIN  |  THURSDAY, 18 SEP 2014
The Pensions Loan Scheme (PLS) for full age pensioners should be extended to all age pensioners who need an easy way to increase their retirement income, said a leading think tank.

Hockey wants Sinodinos back

JAMES FERNYHOUGH  |  TUESDAY, 16 SEP 2014
Treasurer Joe Hockey wants Arthur Sinodinos to return to the role of assistant treasurer if he is cleared of any wrongdoing by the Independent Commission Against Corruption (ICAC).

Catholic Super awards $90 million to US microcap fund

ALICE URIBE  |  TUESDAY, 16 SEP 2014
Catholic Superannuation Fund (CSF) has awarded a United States microcap equities fund with $90 million.

HESTA takes stand against thermal coal

JAMES FERNYHOUGH  |  FRIDAY, 12 SEP 2014
Industry super fund HESTA has begun restricting its investments in thermal coal, becoming the latest fund to move towards fossil fuel divestment.

Get ready for activist members, super funds told

JAMES FERNYHOUGH  |  FRIDAY, 12 SEP 2014
Superannuation funds should prepare for an increased scrutiny of their investments from members, regulators and activists, according to New Zealand Superannuation Fund manager for responsible investment Anne-Maree O'Connor.

Throw out relative performance tables: Finsia

MARK SMITH  |  THURSDAY, 11 SEP 2014
The way superannuation funds measure performance should be thrown out and replaced with a system which discourages short-termism and helps consumers think about their retirement pot as an income pool, rather than a pot of gold.

Ai Group defends super in awards

JAMES FERNYHOUGH  |  WEDNESDAY, 10 SEP 2014
Australian Industry Group (Ai Group) has called for superannuation default funds to remain within the modern awards system.

LGS Super launches DIY option

LAURA MILLAN  |  TUESDAY, 9 SEP 2014
Local Government Super (LGS) has launched an investment option that allows members to build their own portfolios from a range of LGS-approved investment options.

Challenger supports default 'MyPension' product

JAMES FERNYHOUGH  |  TUESDAY, 9 SEP 2014
Superannuation funds with MySuper products should be allowed to extend their default offering into retirement, and should include annuities in that offering, Challenger has told the Financial System Inquiry (FSI).

Kinetic Super launches intra-fund advice service

JAMES FERNYHOUGH  |  MONDAY, 8 SEP 2014
Kinetic Super has partnered with Industry Funds Services (IFS) to launch its first intra-fund advice service, providing members with limited advice on insurance cover, contributions or investment choice.