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Superannuation

NZ Super Fund invests in N American energy

PAUL MCBETH, AAP  |  FRIDAY, 21 MAR 2014
New Zealand Superannuation Fund will invest up to $US250 million ($A277.12 million) with New York Stock Exchange-listed KKR to gain exposure to North American energy markets created by shale oil and gas resources.

British govt to introduce pension choice

ALEX DUNNIN  |  FRIDAY, 21 MAR 2014
The British government is proposing a radical overhaul of the nation's private pensions system and will introduce choice of retirement product and simplify retiree taxation structures.

Super is now an economic driver

ALEX DUNNIN  |  WEDNESDAY, 19 MAR 2014
Industry Super Australia (ISA) will argue to the Financial System Inquiry (FSI) that superannuation is now a mature contributor to the Australian economy and should be integrated into the nation's economy's macro management infrastructure.

Intra-fund advice is low-cost

STAFF WRITER  |  TUESDAY, 18 MAR 2014
The Association of Superannuation Funds of Australia (ASFA) has released a report that they claim demonstrates intra-fund advice is low cost to deliver.

Market wrap AM

AAP  |  TUESDAY, 18 MAR 2014
The Australian market looks set to open higher, following the lead of international bourses with investors shrugging off concerns over Crimea's vote to secede from Ukraine and join Russia.

GESB switches consultants from Mercer to JANA

JAMES FERNYHOUGH  |  MONDAY, 17 MAR 2014
Western Australia-based fund Government Employees Superannuation Board (GESB) has confirmed it has switched asset consultants from Mercer to JANA.

PC examines Weaven's 'inverted bid' infra model

JAMES FERNYHOUGH  |  MONDAY, 17 MAR 2014
The Productivity Commission has given qualified support to Industry Super Australia's 'inverted bid' model for investing in greenfield infrastructure projects in its draft report on public infrastructure.

Super social media yet to excite members

ALEX DUNNIN  |  MONDAY, 17 MAR 2014
Social media usage by super funds generates much more excitement among the funds themselves than it does among its members, reveals research by Rainmaker.

PC calls for overhaul of public infrastructure

JAMES FERNYHOUGH  |  FRIDAY, 14 MAR 2014
The Productivity Commission (PC) has recommended a "comprehensive overhaul" of Australia's public infrastructure following the release a draft report on the topic.

AustralianSuper insurance premiums to rise by 35%

LAURA MILLAN  |  FRIDAY, 14 MAR 2014
AustralianSuper will substantially increase its death and total and permanent disability (TPD) insurance premiums due to rising policy costs.