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Superannuation

Aus Sup to manage 30% of own funds in 5 years

BEN COLLINS  |  MONDAY, 10 SEP 2012
AustralianSuper has unveiled plans to manage up to 30% of its funds internally by 2017.

Fund returns recover to 3.1%

ALEX DUNNIN  |  MONDAY, 10 SEP 2012
The SelectingSuper workplace default option index surged in July, with the rise sufficient to push rolling 12 month returns up to 3.1% - their highest level in 11 months.

Mercer Super Trust focuses on mobile

MELANIE TIMBRELL  |  FRIDAY, 7 SEP 2012
Mercer Super Trust plans to launch a mobile site by the end of the year, and move to an app environment for members in 2013.

ING's new super product to shake up the industry

LINDA HAUSKEN  |  WEDNESDAY, 5 SEP 2012
ING Direct has launched a superannuation product that it claims will shake up the super industry because of its no administration, contribution or management fees features in its Balanced option.

Plug the $1 trillion savings shortfall: FSC

BEN COLLINS  |  TUESDAY, 4 SEP 2012
New research has prompted the Financial Services Council (FSC) to call for longer working lives, to plug a massive retirement savings hole caused by people outliving life expectancies.

The Trust Company grows superannuation team

MELANIE TIMBRELL  |  FRIDAY, 31 AUG 2012
The Trust Company has created the new role of head of retirement services, appointing eo Financial Services' chief operating officer Maureen Daley to the role.

J.P. Morgan launches risk measure tool

BEN COLLINS  |  THURSDAY, 30 AUG 2012
J.P. Morgan Worldwide Securities Services (WSS) has launched a risk analysis product designed for Australian superannuation funds working to comply with guidance on the disclosure of investment risk, in the new Shorter Product Disclosure Statements.

Remove insurance from super: Cassidy

MELANIE TIMBRELL  |  WEDNESDAY, 29 AUG 2012
Tasplan chief Neil Cassidy says insurance should be removed from superannuation and a national scheme put in place instead.

FSC, ASFA endorse APRA's risk measure stance

MELANIE TIMBRELL  |  WEDNESDAY, 29 AUG 2012
The Financial Services Council and the Association of Superannuation Funds of Australia have restated their support for the implementation of the standard risk measure (SRM) in shortened product disclosure statements.

SmartBeta solution tackles passive MySuper index approach: AXA IM

BEN COLLINS  |  WEDNESDAY, 29 AUG 2012
AXA Investment Managers (AXA IM) has released a series of corporate bond strategies intended to help super funds address MySuper requirements.