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Superannuation

Super funds unready for trans-Tasman transfer rules

JAMES FERNYHOUGH  |  MONDAY, 22 JUL 2013
New laws allowing trans-Tasman emigrants to take their superannuation with them are finding themselves frustrated by Australian funds struggling to keep up with the requirements.

State Street wins $780m LGS mandate

JAMES FERNYHOUGH  |  MONDAY, 22 JUL 2013
State Street Global Advisors has won a $780 million active Australian equities mandate from Local Government Super.

Super board quality compromised over pay rates

ALICE URIBE  |  FRIDAY, 19 JUL 2013
The level of superannuation fund board members salaries is reducing effectiveness according to law firm Corrs Chambers Westgarth chief executive John Denton.

Super pioneer advances innovative infra funding model

JAMES FERNYHOUGH  |  THURSDAY, 18 JUL 2013
Industry Funds Management (IFM) chair and superannuation pioneer Garry Weaven has laid out an 'alternative model' for investing in infrastructure, focusing on long-term value and transparency.

Cbus invests in Qualitas property fund

JAMES FERNYHOUGH  |  THURSDAY, 18 JUL 2013
Cbus Property, a subsidiary of Cbus superannuation fund, has entered a strategic partnership with Qualitas Property Partners, investing in a new fund providing mezzanine finance and preferred equity investments in the real estate sector.

Super funds need more women in senior roles: WIS

JAMES FERNYHOUGH  |  TUESDAY, 16 JUL 2013
Women in Super, a networking and advocacy group for women working in superannuation, is urging the super industry to adopt targets to increase the number of women in senior management roles.

Monster super funds tipped to invest in London property

JAMES FERNYHOUGH  |  TUESDAY, 16 JUL 2013
Australian superannuation funds could follow the lead of Asian pension funds and invest in the London commercial property market, according to global property adviser CBRE.

AMP, MLC impose Stronger Super levy

JAMES FERNYHOUGH  |  MONDAY, 15 JUL 2013
Retail superannuation providers AMP and MLC are the first retail super funds to signal that they will charge members a levy to pay for expenses related to the government's Stronger Super regime.

QSuper gets MySuper go-ahead

JAMES FERNYHOUGH  |  MONDAY, 15 JUL 2013
QSuper, one of Australia's largest superannuation funds, has been granted its MySuper licence by the Australian Prudential Regulation Authority (APRA).

Govt introduces new infra tax break

JAMES FERNYHOUGH  |  MONDAY, 15 JUL 2013
The Federal government has introduced a new tax incentive aimed at encouraging private sector investment in infrastructure.