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

Superannuation

Super growth static, public sector grows on Health Super merger

MATT WOODINGTON  |  FRIDAY, 9 SEP 2011
The superannuation industry was unable to grow during the June 2011 quarter, as benefit payments and market losses caused almost $24 billion of contributions to go unrewarded.

Retail super fund commissions revealed

MATT WOODINGTON  |  TUESDAY, 6 SEP 2011
Retail super fund members paid almost $3 billion in commissions during 2010, according to new Rainmaker research.

Super funds need to guide members: Investment Trends

ELISE BURGESS  |  TUESDAY, 6 SEP 2011
Superannuation funds need to offer guidance for their members with Investment Trends latest survey finding people want information from their funds to understand market volatility and how they should act.

Australian funds lead global asset growth

MATT WOODINGTON  |  TUESDAY, 6 SEP 2011
Australia now has four representatives in the top 100 global institutional funds ranked by Towers Watson, as the super system drives superior growth to the rest of the world.

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.