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Superannuation

HOSTPLUS targets SMSFs with direct infra option

JAMES FERNYHOUGH  |  THURSDAY, 24 OCT 2013
Industry super fund HOSTPLUS has said it will introduce a direct infrastructure investment option aimed at attracting investment from self-managed superannuation funds.

Investment industry urged to put society first

MARK SMITH  |  THURSDAY, 24 OCT 2013
A major power shift from intermediaries such as fund managers and investment banks to fiduciaries including Australian superannuation funds is gathering pace in the global financial services sector, according to the CFA Institute's Asia Pacific managing ...

Aust portfolio disclosure reforms toughest in world

JAMES FERNYHOUGH  |  WEDNESDAY, 23 OCT 2013
The Government should do research into how consumers will use super fund portfolio holdings disclosure, said J.P. Morgan's Marian Azer.

Brumby lauds Cbus board pay disclosure

JAMES FERNYHOUGH  |  WEDNESDAY, 23 OCT 2013
Former Victorian premier John Brumby has praised Cbus for the full disclosure of its board members' remuneration in its annual report, saying the fund is setting the precedent for the future.

AIST slams independent director quota

JAMES FERNYHOUGH  |  TUESDAY, 22 OCT 2013
Tom Garcia, chief executive of the Australian Institute of Superannuation Trustees, has hit out at the Government's plan to set a quota of independent members on industry super fund boards, calling it a 'number one issue' for AIST.

Industry funds and corporates must talk more: Sherry

JAMES FERNYHOUGH  |  TUESDAY, 22 OCT 2013
Corporate boards and fund managers need to better understand how industry superannuation funds arrive at share voting decisions, according to former Labor minister for superannuation Nick Sherry.

Kinetic Super to use IFS advice service

JAMES FERNYHOUGH  |  MONDAY, 21 OCT 2013
Kinetic Super has become the latest super fund to engage the services of financial advice provider Industry Fund Services.

AusSuper's in-house plan to save $150m

JAMES FERNYHOUGH  |  MONDAY, 21 OCT 2013
AustralianSuper has completed the first phase of its five-year plan to bring 30% of its investment management operations in house, including the addition of 23 new staff members.

Cbus, FPA explain their referral deal

JAMES FERNYHOUGH  |  MONDAY, 21 OCT 2013
The Financial Planning Association of Australia and Cbus explain how their pilot professional advice referral service will operate.

Shorten gives Ripoll shadow superannuation portfolio

JAMES FERNYHOUGH  |  MONDAY, 21 OCT 2013
Opposition leader Bill Shorten has appointed Bernie Ripoll Shadow Minister for Financial Services and Superannuation.