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Superannuation

AustSuper backs away from SYD takeover

JAMES FERNYHOUGH  |  MONDAY, 16 SEP 2013
Sydney Airport has become too expensive for pension funds, with a consortium of international funds led by AustralianSuper reportedly backing away from a takeover bid.

SMSFs show appetite for direct overseas shares

MARK SMITH  |  MONDAY, 16 SEP 2013
SMSFs investors are three times more likely to research overseas stocks than non-SMSF investors, according to research conducted by investment research platform Skaffold into its member base.

Link grows empire with Syncsoft swallow-up

JAMES FERNYHOUGH  |  MONDAY, 16 SEP 2013
Link Group has expanded its superannuation administration empire with the acquisition of software provider Syncsoft.

Bracks back on Cbus board

LAURA MILLAN  |  FRIDAY, 13 SEP 2013
Steve Bracks has been reappointed as chair of the Cbus board of directors, effective as of today.

ASFA calls for delay to MySuper reporting deadline

JAMES FERNYHOUGH  |  FRIDAY, 13 SEP 2013
The superannuation industry is calling on the prudential regulator to delay the 28 October 2013 deadline for reporting form SRS 702.0, the final version of which was only released last week.

Club Plus climbs aboard DI bandwagon

JAMES FERNYHOUGH  |  THURSDAY, 12 SEP 2013
Industry fund Club Plus Super is the latest superannuation fund to launch a direct investment option, which may stave off the flow of members with high account balances setting up self-managed super funds (SMSFs).

Australian Ethical pays out $300k in redundancies

JAMES FERNYHOUGH  |  THURSDAY, 12 SEP 2013
ASX-listed retail super fund Australian Ethical will make a number of employees redundant following a "substantial reduction" of its Canberra office.

BUSSQ members happiest in Australia

JAMES FERNYHOUGH  |  WEDNESDAY, 11 SEP 2013
Industry super fund BUSSQ is doing a better job of keeping its members satisfied than any other Australian super fund, according to research by Investment Trends.

NGS Super rethinks ESG as green option flops

JAMES FERNYHOUGH  |  WEDNESDAY, 11 SEP 2013
NGS Super is launching a new socially responsible investment option that will screen out tobacco, armaments and pornography, after its green shares option failed to attract sufficient interest.

ASFA wary about SMSF property schemes

LAURA MILLAN  |  WEDNESDAY, 11 SEP 2013
The Association of Superannuation Funds of Australia (ASFA) is calling for mandatory Australian financial services licensing (AFSL) for all persons involved in the sale of investment products and property to self-managed super funds (SMSF).