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Superannuation

ASFA warns against using super to buy homes

CLAIRE MCGREAL  |  MONDAY, 17 OCT 2011
The Association of Superannuation Funds of Australia has warned against making any changes to the superannuation system to help get young people get a foot on the property ladder.

Super $10,000 scholarship up for grabs

ELISE BURGESS  |  FRIDAY, 14 OCT 2011
A $10,000 scholarship is now available from advocacy body, Women in Super, along with the opportunity for the winner to attend a UK global dialogue event as the group promotes female leadership in the super industry.

BT, MLC rocket up the super charts

ALEX DUNNIN  |  FRIDAY, 14 OCT 2011
BT and MLC have shot up in the performance satisfaction retail standings thanks to huge lifts in the proportion of their satisfied customers, according to Roy Morgan's latest Superannuation Satisfaction Report.

Statewide and Local enter merger due diligence

ELISE BURGESS  |  THURSDAY, 13 OCT 2011
The merger between StatewideSuper and Local Super is moving to the next stage after receiving in principle approval from the major shareholders of both funds.

SG increase the key to global pension top spot

ELISE BURGESS  |  WEDNESDAY, 12 OCT 2011
Australia's pension system has been rated second in the world, behind the Netherlands which secured first place with its action on SG increases and raising the retirement age.

Super fund ramps up insurance access

CLAIRE MCGREAL  |  WEDNESDAY, 12 OCT 2011
BUSS(Q), the Queensland based super fund for building and construction workers has introduced a new phone based claims and underwriting process to make it easier for its 90,000 members to interact with the fund's insurer.

Sunsuper appoints new consultant as model shifts

MATT WOODINGTON  |  MONDAY, 10 OCT 2011
Sunsuper has appointed Ibbotson Associates Australia to consult on medium term portfolio tilts, adding to its recent reappointment of Mercer, as its relationship with consultants continues to evolve.

Aust equities drive default growth

ELISE BURGESS  |  MONDAY, 10 OCT 2011
Australian shares influence 91% of overall default fund returns despite only holding one-third of super fund assets, according to research from SelectingSuper and its research partner Rainmaker Information.

AustralianSuper three year fee freeze

ELISE BURGESS  |  MONDAY, 10 OCT 2011
AustralianSuper will freeze its administration fees over the next three years for its 1.8 million membership base, in a bid to highlight concerns over administration costs.

AustralianSuper creates online advice portal

CLAIRE MCGREAL  |  THURSDAY, 6 OCT 2011
AustralianSuper members can now access intra-fund advice directly through its new-look website launched last month.