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Superannuation

Social investments hinge on the right financing

MATT WOODINGTON  |  TUESDAY, 4 OCT 2011
It is critical that appropriate financing mechanisms are put in place if super funds are to contribute as much to social projects as the government would like, according to Christian Super.

Prime Super secures Mexican gas acquisition

ELISE BURGESS  |  TUESDAY, 4 OCT 2011
Prime Super has landed part of a 40.1% acquisition in a Mexican gas project through its asset consultant, Access Capital Advisers, the second such investment from the super fund.

AustralianSuper awards fresh mandates as FUM soars

MATT WOODINGTON  |  FRIDAY, 30 SEP 2011
AustralianSuper has already handed out a series of large mandates this year and reached June 30 2011 with over $43 billion in assets under management up from $32.6 billion a year earlier.

PFA Footballers of the Year and PFA Harry Kewell Medal nominees announced

RACHEL DAVIS  |  FRIDAY, 30 SEP 2011
LUCRF Super, in partnership with Professional Footballers Australia, has announced nominees for the 2011 PFA male and female Footballers of the Year Awards and the PFA Harry Kewell Medal.

APRA lays plans to improve super governance

MATT WOODINGTON  |  THURSDAY, 29 SEP 2011
The Australian Prudential Regulation Authority will demand greater transparency on board selection, remuneration and manager selection and insist upon higher capital holdings among super funds.

SG High Court challenge lost

ELISE BURGESS  |  WEDNESDAY, 28 SEP 2011
A legal challenge that questioned whether the Superannuation Guarantee Charge Act was valid under the constitution has lost in the High Court of Australia.

SMSFs in share buying mood

ELISE BURGESS  |  TUESDAY, 27 SEP 2011
A self-managed super fund survey has found trustees are buying or holding their shares with only 8% interested in selling, despite the current market conditions. The survey also found that fixed interest still dominates.

Super funds see hybrid opportunity

ELISE BURGESS  |  MONDAY, 26 SEP 2011
Superannuation funds and asset consultants want hybrid longevity risk products on the market, according to a PIMCO research paper, in an effort to keep super members and address issues of ageing populations.

New online super tracking portal

ELISE BURGESS  |  MONDAY, 26 SEP 2011
The Federal Government has announced plans for a new online lost super tracking system, to relocate 5.8 million lost Australian superannuation accounts holding $18.8 billion.

MLC head calls for truce after laying blame at industry funds door

MATT WOODINGTON  |  THURSDAY, 22 SEP 2011
MLC & NAB Wealth group executive Steve Tucker has called for a truce between industry and retail super funds and said the time has come to "compete on substance rather than rhetoric."