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Superannuation

Mercer trumpets "lifetime super concessional cap"

JAMES FERNYHOUGH  |  WEDNESDAY, 4 SEP 2013
Mercer has proposed that lifetime concessional caps on superannuation contributions would be a fairer system than the current annual concessional cap of $25,000.

Cbus to divest tobacco holdings as stocks fall from highs

MARK SMITH  |  WEDNESDAY, 4 SEP 2013
Cbus Super will divest its holdings in tobacco companies in the interest of members and their long-term investment returns.

Future Fund legally bound to protect docs in AustralianSuper feud

ALICE URIBE  |  WEDNESDAY, 4 SEP 2013
The Future Fund risks breaching a legally-binding confidentiality agreement with Australian Infrastructure Fund (AIX) if it hands over documents to AustralianSuper relating to its purchase of a stake in Perth airport.

Super fund sells hospital to government

JAMES FERNYHOUGH  |  TUESDAY, 3 SEP 2013
MTAA Super has sold its stake in Mildura Base Hospital (MBH) to the Victorian Government after 13 years of investment in the project.

Aon Master Trusts gets MySuper approval

MARK SMITH  |  TUESDAY, 3 SEP 2013
The Aon Master Trust has become the latest fund to receive its MySuper authorisation from the Australian Prudential Regulation Authority (APRA).

MLC gets MySuper approval

LAURA MILLAN  |  MONDAY, 2 SEP 2013
The Australian Prudential Regulation Authority (APRA) has approved NAB-owned MLC MySuper offer.

AustSafe gets MySuper approval

JAMES FERNYHOUGH  |  FRIDAY, 30 AUG 2013
Queensland-based industry fund AustSafe Super has been granted its MySuper licence.

Fund member admin in spotlight at super forum

STAFF WRITER  |  FRIDAY, 30 AUG 2013
International Business Review will hold its Superannuation Fund Back Office: Member Administration and Investment Operations Services 2013 Forum in Sydney on 21-22 October.

New $9 million super research facility opens

MARK SMITH  |  THURSDAY, 29 AUG 2013
A new $9 million research program between the Commonwealth Scientific Industrial Research Organisation (CSIRO) and four universities has been launched today.

One-third of US federal workers could retire

ALEX DUNNIN  |  THURSDAY, 29 AUG 2013
Recovering pension account balances in the US is triggering a rush of US federal employees to retire, with as many as one-third of some agencies expected to leave their jobs.