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Superannuation

Sales approach boosts Sunsuper member uptake

MARK SMITH  |  FRIDAY, 8 MAR 2013
A strong "sales culture" approach and a souped-up IT system helped one superannuation fund grow its member base in recent months.

Super operating costs rise to $150 per member

MARK SMITH  |  THURSDAY, 7 MAR 2013
The costs of operating and administering superannuation funds have increased despite savings made through economies of scale, data from Deloitte shows.

Media Super gets MySuper approval

ALEX DUNNIN  |  WEDNESDAY, 6 MAR 2013
Media Super has joined the early ranks of super funds authorised to offer a low cost MySuper product from 1 July 2013.

Investors Mutual wins Aus equities mandate

MARK SMITH  |  WEDNESDAY, 6 MAR 2013
Boutique Australian equities firm Investors Mutual has been awarded a $300 million large cap Australian equities mandate from State Super Financial Services, Financial Standard can reveal.

Media Super to add corporate funds

LAURA MILLAN  |  WEDNESDAY, 6 MAR 2013
Industry superannuation fund Media Super has put together a team to develop its new consolidation strategy focused on attracting corporate funds with members who work in media.

Strong returns help UniSuper stave off benefit review

ALEX DUNNIN  |  WEDNESDAY, 6 MAR 2013
Recovering capital markets boosting UniSuper's investment returns have helped to lift the solvency funding ratios of the fund's defined benefit division - enough for the trustee to defer a decision on reviewing member benefits.

NGS Super lists portfolio holdings

MARK SMITH  |  TUESDAY, 5 MAR 2013
NGS Super has made detailed investment information available to all members online, in what could be a growing trend for the superannuation industry.

Lost super deadline closes in

ALEX DUNNIN  |  TUESDAY, 5 MAR 2013
The Australian Taxation Office is reminding superannuation funds they have less than three months before the 31 May deadline to transfer certain lost super accounts to the Australian Taxation Office.

Latin American pension funds eye PE

LAURA MILLAN  |  MONDAY, 4 MAR 2013
Regulation governing South American pension funds investing in private equity is becoming less strict, which make it more likely for limited partners in the region to become active investors in the coming years, investment research house Preqin said.

Funds delivering 12.5% for past 12 months

ALEX DUNNIN  |  FRIDAY, 1 MAR 2013
Super fund returns continued their recovery during January 2013 as the SelectingSuper Workplace default option index climbed again to now be on a 34-month high of 12.5%.