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Superannuation

Giant NSW fund names investment team

JAMES FERNYHOUGH  |  THURSDAY, 17 JUL 2014
State Super's Mark O'Brien has been appointed the general manager of investments of three amalgamated New South Wales state funds.

FSI questions viability of franking credits

JAMES FERNYHOUGH  |  WEDNESDAY, 16 JUL 2014
The viability of Australia's imputation (or 'franking') credits system has been singled out for review in the Financial System Inquiry's interim report.

CFMEU organiser posed as Cbus employee

JAMES FERNYHOUGH  |  TUESDAY, 15 JUL 2014
An organiser for the Construction, Forestry, Mining and Energy Union (CFMEU) has admitted to ringing up Cbus members posing as an employee of Cbus.

Super funds have clout to demand transparency

JAMES FERNYHOUGH  |  FRIDAY, 11 JUL 2014
Super funds should not be shy of demanding full holdings disclosure from alternatives managers in order to meet reporting standards, HOSTPLUS chief investment officer Sam Sicilia has said.

What happened to the ISA-FSC accord?

JAMES FERNYHOUGH  |  WEDNESDAY, 9 JUL 2014
A year on from the announcement of an accord between Industry Super Australia (ISA) and the Financial Services Council (FSC), ISA chief executive David Whiteley gives his take on why relations between the retail and industry wings of superannuation have ...

GESB outsources admin to Link Group

ALICE URIBE  |  TUESDAY, 8 JUL 2014
The Government Employees Superannuation Board (GESB) has outsourced the management of its superannuation administration services to the Link Group.

Cbus defends member contact sharing policy

JAMES FERNYHOUGH  |  TUESDAY, 8 JUL 2014
Cbus has defended its policy of releasing members' details to 'sponsoring organisations' in order to chase up arrears, following yesterday's Royal Commission hearing into the improper release of members' contact details.

Palmer to oppose abolition of LISC

JAMES FERNYHOUGH  |  MONDAY, 7 JUL 2014
Clive Palmer has announced his party will block legislation to abolish the low income superannuation contribution (LISC).

Funds return 11% in May

STAFF WRITER  |  MONDAY, 7 JUL 2014
The SelectingSuper Workplace rolling 12 month default option index increased marginally during May to return 11.3% compared to 11.1% at end April. At end December it was 16.1%.

AustralianSuper balanced option returns 13.88% in FY13

LAURA MILLAN  |  MONDAY, 7 JUL 2014
The equity markets' rally has contributed in AustralianSuper balanced option delivering 13.88% returns after investment fees and taxes for financial year 2013.