Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Superannuation

MLC lands corporate super mandate

ELISE BURGESS  |  MONDAY, 5 SEP 2011
MLC Business Super will manage the Clark Equipment Australia Group staff superannuation fund after being awarded the mandate, moving further into the corporate superannuation market.

Super merger prompted by industry transition

ELISE BURGESS  |  MONDAY, 5 SEP 2011
CareSuper and Asset Super may merge later this year to create a 285,000 strong membership base with over $6 billion in FUM, with Care CEO Julie Lander to take the reins.

SMSFs cash deposits reflect volatility

ELISE BURGESS  |  FRIDAY, 2 SEP 2011
SMSFs trustees are hesitant investors with too much focus on cash deposits, moving $40 billion into cash products since 2009, according to a report from Vanguard and Investment Trends.

Super returns crash below 5%

ALEX DUNNIN  |  FRIDAY, 2 SEP 2011
Super fund median default rolling 12 month returns have crashed down from a rolling 12 month median return of 8.7% at end June 2011 to 4.9% at end July, according to the latest SelectingSuper fund performance survey.

PM Gillard: super to support economic stability

ELISE BURGESS  |  WEDNESDAY, 31 AUG 2011
Prime Minister Julia Gillard spoke of the importance of Australia's super industry as an "anchor" for the economy and the changes ahead in an address to over 600 wealth management professionals in Sydney this morning.

Mercer super members seek help in volatility

ELISE BURGESS  |  WEDNESDAY, 31 AUG 2011
Mercer Super Trust members and those of stand-alone funds serviced by Mercer, have inundated the group's helpline for advice on market volatility.

Media Super $30m alpha mandate

ELISE BURGESS  |  FRIDAY, 26 AUG 2011
Media Super has awarded Aurora Funds Limited a $30 million mandate as the super fund pursues a more suitable strategy for the modern, volatile market.

IFM hits back at claims it plays politics with super fund money

ALISON BEVEGE  |  FRIDAY, 26 AUG 2011
The chief executive of asset manager Industry Funds Management has hit back at press reports about his organisation's plan to run clean energy advertisements to coincide with the Labor Government's carbon tax campaign, calling the coverage "inaccurate".

Super funds prefer employers via clearing houses

ALISON BEVEGE  |  FRIDAY, 26 AUG 2011
Superannuation funds far prefer dealing with employer payments through separate clearing houses, a super fund technology expert said yesterday.

Super funds mindshift imperative

ELISE BURGESS  |  FRIDAY, 26 AUG 2011
The strength of the superannuation industry will come down to a mindshift of super funds, something that is already underway according to financial services software group, IQ Business Group.