Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Superannuation

Super fund fortunes shift on FX exposure

JAMES FERNYHOUGH  |  WEDNESDAY, 14 AUG 2013
Unhedged foreign currency exposure may be the way to go for super funds after a fall in the Australian dollar contributed 8.8% to unhedged portfolios in the last financial year.

MTAA Super converts to listed shares in Sydney Airport

JAMES FERNYHOUGH  |  WEDNESDAY, 14 AUG 2013
Industry superannuation fund MTAA Super has converted its unlisted equity interest in Sydney Airport into a listed shareholding, as part of Sydney Airport's drive to simplify its ownership structure.

Super funds should use soft power, not quotas to fix gender equality

ALEX DUNNIN  |  WEDNESDAY, 14 AUG 2013
Imposed quotas are much less likely to advance the cause of workplace gender equality than super funds exerting their considerable soft power to influence the industry, companies in which they invest and service providers.

Bravura signs second SuperStream client

JAMES FERNYHOUGH  |  TUESDAY, 13 AUG 2013
Software provider Bravura Solutions Limited has secured a five-year contract to provide its SuperStream software to "an existing state government superannuation client".

Cut welfare, give savings to defence: UK minister

ALEX DUNNIN  |  TUESDAY, 13 AUG 2013
In a possible warning of political arguments Australia may confront in coming decades when the national budget faces mounting aged care and pension costs, a leading UK government minister has proposed cutting welfare and diverting the savings to the ...

Next wave of SMSF growth fuelled by Gen Y

MARK SMITH  |  TUESDAY, 13 AUG 2013
Statistics indicate that advisers and Australian Prudential Regulation Authority (APRA)-regulated funds that want to take advantage of the next wave of growth in the bourgeoning self-managed superannuation fund (SMSF) market must concentrate their efforts ...

AustralianSuper to increase in-house investment capacity

JAMES FERNYHOUGH  |  MONDAY, 12 AUG 2013
AustralianSuper has said it will bring one third of investment management in-house within two years, raising the question of whether industry funds will be able to attract and retain high-quality candidates on industry fund salaries.

Stronger Super transparency rules too stringent: FSC

JAMES FERNYHOUGH  |  FRIDAY, 9 AUG 2013
The Financial Services Council (FSC) has called on Treasury to loosen transparency requirements associated with the Stronger Super reforms, including the product dashboard, portfolio holdings disclosure requirements, and Product Disclosure Statement ...

Victims push for new Trio fraud inquiry

LAURA MILLAN  |  FRIDAY, 9 AUG 2013
The Victims of Financial Fraud (VOFF) are pushing for another inquiry on the Trio Capital fraud after the Parliamentary Joint Committee (PJC) failed to address the victims' main issues of concern.

Infrastructure debt 'not that scary': AusSuper chair

JAMES FERNYHOUGH  |  THURSDAY, 8 AUG 2013
AustralianSuper chair Heather Ridout has urged state governments not to be afraid of going into debt if the money is used to fund infrastructure projects.