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Superannuation

MLC MasterKey Business Super wins $34m in mandates

MELANIE TIMBRELL  |  TUESDAY, 3 JUL 2012
MLC MasterKey Business Super has won three corporate super mandates worth $34 million.

Super fund returns almost flat

ALEX DUNNIN  |  TUESDAY, 3 JUL 2012
The SelectingSuper workplace default option index was almost flat during May 2012 posting 12 month returns of -0.4%.

Former Ansett workers get $16m super payback

LINDA HAUSKEN  |  MONDAY, 2 JUL 2012
A decade after the collapse of Ansett, Australia's second largest airline at the time, former workers have finally been paid $16 million in super entitlements.

Russell launches after-tax survey

BEN COLLINS  |  MONDAY, 2 JUL 2012
Russell Investments has launched an Australian equities after-tax benchmarking survey designed to help superannuation funds measure and rank after-tax returns.

Scope for super participation in TPD education

MELANIE TIMBRELL  |  FRIDAY, 29 JUN 2012
Super funds have a role to play in public education on the implications of TPD member cover, according to Slater & Gordon Lawyers.

Wins and losses in PC default super report

ALEX DUNNIN  |  FRIDAY, 29 JUN 2012
The Productivity Commission has handed down its draft report on default superannuation funds, and while its recommendations were predictable, they represent big wins and yet severe threats for both sides of the industry.

AGEST merger put on hold

BEN COLLINS  |  FRIDAY, 29 JUN 2012
AGEST Super has put its merger with AustralianSuper on hold until after December when a deferral of capital gains tax becomes legislation.

SPAA brands SuperStream costs illogical

LINDA HAUSKEN  |  WEDNESDAY, 27 JUN 2012
The Self Managed Super Funds Professional Association of Australia has dismissed calls by the Australian Institute of Superannuation Trustees for self managed super fund members to make significant contributions towards the SuperStream levy.

AMP to acquire Cavendish

MELANIE TIMBRELL  |  WEDNESDAY, 27 JUN 2012
AMP Limited is to acquire Australia's largest SMSF administrator Cavendish Group as part of plans to establish an SMSF dedicated business unit under Paul Sainsbury.

Super funds drive M5 infra investment deal

BEN COLLINS  |  TUESDAY, 26 JUN 2012
Several superannuation funds will help finance the widening of Sydney's M5 motorway through investment in the road's operator Interlink Roads Pty Ltd.