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Superannuation

APRA approves LUCRF MySuper

STAFF JOURNALIST  |  THURSDAY, 14 MAR 2013
LUCRF Super has been authorised by APRA to offer a MySuper product.

AvSuper gets MySuper approval

LAURA MILLAN  |  WEDNESDAY, 13 MAR 2013
The Australian Prudential Regulation Authority (APRA) awarded superannuation fund AvSuper with a MySuper licence, the super fund announced yesterday.

Women in Super raises $14.8m for cancer research

LAURA MILLAN  |  TUESDAY, 12 MAR 2013
Advocacy group Women in Super raised $14.8 million to breast cancer research through its annual event "Women in Super Mother's Day Classic", the organisation announced yesterday.

Fund stalwarts draw $6bn in Aus equities mandates

MARK SMITH  |  TUESDAY, 12 MAR 2013
Of the $10 billion worth of mandates handed out to Australian equity managers in the past 12 months, a staggering $5.97 billion has been given to just three investment houses, data from Rainmaker Information can reveal.

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.