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Superannuation

Multiport hits $2bn

ALEX DUNNIN  |  MONDAY, 24 OCT 2011
Self-managed super fund administration heavyweight Multiport has hit $2 billion in funds under administration but for such a large administration group to be so small relative to the SMSF market shows how fragmented the SMSF marketplace remains.

NGS Super launches social media strategy

ELISE BURGESS  |  FRIDAY, 21 OCT 2011
NGS Super has joined the social media rush, launching an integrated social media strategy across a number of platforms including Facebook, Twitter and YouTube.

Privacy Commissioner opens investigation into First State Super

ELISE BURGESS  |  THURSDAY, 20 OCT 2011
Inquiries are underway after the Australian Privacy Commissioner, Timothy Pilgrim, said there will be an investigation into the First State Super security breach as the fund notifies its entire 770,000 member base.

First State Super chief handles furore over tech security

ELISE BURGESS  |  WEDNESDAY, 19 OCT 2011
First State Super has told Financial Standard it will not be pursuing legal proceedings against the 'goodwill hacker' who exposed a security flaw in its system, with the two parties to instead resolve any issues together.

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.