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Superannuation

CFSGAM secures $1.3 billion UniSuper mandate

CLAIRE MCGREAL  |  TUESDAY, 7 FEB 2012
Colonial First State Global Asset Management has been chosen by UniSuper to manage its $1.3 billion domestic fixed interest portfolio

Cutting super tax breaks unwise: SPAA

CLAIRE MCGREAL  |  TUESDAY, 7 FEB 2012
The Self Managed Super Fund Professionals' Association of Australia has weighed into the industry debate on the Greens' call to raise the superannuation tax for high income earners.

Commissioner urges action on super savings

ELISE BURGESS  |  TUESDAY, 7 FEB 2012
With women predicted to live to the average age of 95, Susan Ryan AO, Age Discrimination Commissioner spoke with super funds yesterday about the role they can play to protect ageing Australians.

OnePath wins LGsuper mandate

MELANIE TIMBRELL  |  MONDAY, 6 FEB 2012
LGsuper has appointed OnePath Life as the fund's group insurer effective from July 1 this year.

APRA MySuper changes burden for industry

MELANIE TIMBRELL  |  MONDAY, 6 FEB 2012
The proposed level of involvement by the Australian Prudential Regulation Authority in commercial arrangements between super funds and employers under the new draft MySuper Bill is unnecessary and inefficient, according to retail bodies.

MTAA Super extends NAB Asset Servicing mandate

ELISE BURGESS  |  THURSDAY, 2 FEB 2012
MTAA Super Fund has renewed its custodial contract with the Asset Servicing division of National Australia Bank after a competitive tender process, continuing its 15-year relationship.

REST and AAS sign five year deal

CLAIRE MCGREAL  |  WEDNESDAY, 1 FEB 2012
REST Industry Super has described the renewal of its contract with fund administration service provider AAS as "one of the largest deals in the superannuation industry".

Property-reliant SMSFs face potential risks

MELANIE TIMBRELL  |  TUESDAY, 31 JAN 2012
Despite the increase in popularity of holding property investments among SMSF trustees, the practice comes with an element of danger, according to HLB Mann Judd.

Super assets soar with 17% annual growth rate

ELISE BURGESS  |  TUESDAY, 31 JAN 2012
Australian super assets have rocketed up 17% in annual growth rate in ten years to US$1.3 trillion, or the equivalent of 96% of Australia's GDP, according to the Towers Watson Global Pension Assets Study.

Super tax concessions in spotlight

MELANIE TIMBRELL  |  MONDAY, 30 JAN 2012
A new government roundtable will see industry groups argue tax concessions are the only way Australians will fully fund their own retirement.