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Superannuation

New super fund launch by SA Govt

MARK STORY  |  MONDAY, 14 JAN 2013
Super SA Select, a new SA government super fund which commenced on 1 January 2013 is targeting young workers, part-time and casual public sector employees.

SMSF popularity belies fickle performance

MARK SMITH  |  MONDAY, 14 JAN 2013
Investors who turned to DIY super funds on the promise of superior returns may be getting less than they bargained for, new Rainmaker research shows.

Fewer managers drive lower fees at legalsuper

BEN COLLINS  |  FRIDAY, 11 JAN 2013
Active international equities mandates have been taken away from three managers by legalsuper, helping lower most members' fees, the industry fund's chief executive said.

UK research house partners Morse Consulting

MARK SMITH  |  THURSDAY, 10 JAN 2013
London-based Absolute Strategy Research has partnered with Melbourne-based Morse Consulting in a bid to establish a relationship with superannuation funds, multi-manager platforms and investment managers in the Australian market.

Super is back in favour

MARK SMITH  |  THURSDAY, 10 JAN 2013
Contributions to all superannuation entities for the year totalled $117.5 billion - the second biggest nudge into retirement savings ever - with employers and members contributing $82.1 billion and $34.2 billion respectively, according to the latest ...

PAS Lodges MySuper application

BEN COLLINS  |  WEDNESDAY, 9 JAN 2013
Industry fund Professional Associations Super yesterday lodged its application to offer a low-cost product to members, under the Federal Government's MySuper reforms.

Retail Super Funds tank in satisfaction-stakes

MARK STORY  |  FRIDAY, 21 DEC 2012
Satisfaction with the financial performance of Retail Super Funds in November 2012 was 41.6%, the lowest level since July 2004, well behind Industry Funds (49.0%) and Self Managed Super Funds (69.1%), a new report reveals.

IFM awarded inaugural Aust Small Caps mandate

MARK STORY  |  TUESDAY, 18 DEC 2012
Investor-owned global fund manager, Industry Funds Management (IFM) today announced that HOSTPLUS has awarded the firm its inaugural Australian Small Caps mandate.

SMSF growth highest in five years

MARK STORY  |  FRIDAY, 14 DEC 2012
The number of new SMSF funds established for the 2011/12 year was 36,270, the highest in five years and the second highest ever, according to the latest ATO update.

Mergers likely for Media Super

BEN COLLINS  |  FRIDAY, 14 DEC 2012
Sounding out possible mergers with corporate superannuation funds used by media and publishing companies will be a focus for Media Super's incoming chief executive.