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Superannuation

NTEU wants changes at UniSuper trustee company

ALEX DUNNIN  |  FRIDAY, 16 DEC 2011
The National Tertiary Education Union, the main union representing UniSuper fund members, has written to members outlining their response to concerns about the superannuation fund.

Maritime Super in new merger talks

RACHEL DAVIS  |  THURSDAY, 15 DEC 2011
Maritime Super has confirmed that the $3 billion fund is investigating new merger opportunities, with TWUSUPER thought to be a possible contender.

In superannuation, bigger can be better but not always

RACHEL DAVIS  |  THURSDAY, 15 DEC 2011
With Australia's biggest super fund, AustralianSuper, announcing yet another merger, this time with the public sector industry fund AGEST, the question is whether super funds are merging for the benefit of their members or to build financial empires.

AustralianSuper, AGEST reveal merger plans

ELISE BURGESS  |  WEDNESDAY, 14 DEC 2011
AGEST Super has chosen AustralianSuper as a preferred merger partner with the merge to take place in 2012. As a result, AustralianSuper will have almost two million members, 160,000 employers and over $46 billion in funds under management.

NGS Super embraces after-tax benchmarking with FTSE ASFA

ELISE BURGESS  |  WEDNESDAY, 14 DEC 2011
NGS Super has adopted an after-tax benchmark from the industry standard FTSE ASFA Australia Index Series for its $1.3 billion Australian equity portfolio.

UniSuper responds to criticism

ALEX DUNNIN  |  WEDNESDAY, 14 DEC 2011
UniSuper, one of Australia's largest super funds, came under attack last night, confirming that in the post-GFC volatile investment landscape no fund is immune from criticism.

SMSFs dominating super assets

CLAIRE MCGREAL  |  TUESDAY, 13 DEC 2011
The peak body for SMSFs has welcomed the latest Australian Tax Office statistics which show SMSF assets have grown at twice the rate of total super industry assets in the past five years to June 30 2010.

Industry welcomes Shorten's promotion

CLAIRE MCGREAL  |  TUESDAY, 13 DEC 2011
The new Industrial Relations and Financial Services Minister Bill Shorten said he's delighted with his new promotion to Cabinet.

Round two of Stronger Super revealed

CLAIRE MCGREAL  |  TUESDAY, 13 DEC 2011
Superannuation industry bodies have until January 13 to make submissions on the second tranche of the government's Stronger Super legislation, unveiled late yesterday.

Women in Super scholarship winner announced

ELISE BURGESS  |  FRIDAY, 9 DEC 2011
Cathy Powell, an employer services representative at BUSS(Q), has won the $10,000 Women in Super 2012 Global Dialogue Scholarship.