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Superannuation

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.

NZ Super fund kicks out companies

BEN COLLINS  |  THURSDAY, 13 DEC 2012
Three construction companies have been kicked out of the $20 billion New Zealand Superannuation Fund's investment portfolio for allegedly breaking international laws in Palestine.

HOSTPLUS consortium wins Destination Sydney bid

ALEX DUNNIN  |  WEDNESDAY, 12 DEC 2012
The HOSTPLUS industry superannuation fund has won the bid to deliver Sydney's new convention, exhibition and entertainment precinct (SICEEP).

SPAA welcomes Gov's tick of approval

BEN COLLINS  |  WEDNESDAY, 12 DEC 2012
A representative body for self managed superannuation fund professionals has welcomed a federal government decision to recognise its fund auditing qualification as a win for professionalism

Make super review your New Year's resolution

MARK SMITH  |  TUESDAY, 11 DEC 2012
Take advantage of the seasonal break to review your superannuation strategy, says MLC.

One-stop admin and investment shops target SMSFs

MARK STORY  |  TUESDAY, 11 DEC 2012
Major players in equities, cash and other debt instruments - notably large fund managers and major banks - are well positioned to aggressively move into the SMSF fund administration space currently dominated by accountants, according to Chris Lumby head ...

Cbus and HESTA take out top AIST awards

BEN COLLINS  |  FRIDAY, 7 DEC 2012
Cbus super and HESTA have taken out the top two honours at the Australian Institute of Superannuation Trustees (AIST) 2012 Awards for Excellence.