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Superannuation

Boutique equities manager wins big Kiwi mandate

ALISON BEVEGE  |  MONDAY, 1 AUG 2011
Boutique New Zealand equities manager Devon Funds Management has won a large new mandate from New Zealand Superannuation Fund.

Government takes no sides in industry-retail super split

ALISON BEVEGE  |  MONDAY, 1 AUG 2011
The Federal Government said today it is not leaning one way or the other on the split between retail and industry funds on super fees.

Seven super funds win AAA for entire product range

ALISON BEVEGE  |  FRIDAY, 29 JUL 2011
Telstra Super, AXA North and QSuper are among seven superannuation funds to have recently gained a AAA rating for all of their superannuation and retirement products from research firm Rainmaker in the last three months.

Time for super to step up

ALEX DUNNIN  |  THURSDAY, 28 JUL 2011
Australia's superannuation asset pool has grown to be one of the nation's major macroeconomic advantages and it's time for the sector to take an investment and economic leadership position, said David Whiteley, chief executive of the Industry Super Network.

Improved governance called for all round

ALISON BEVEGE  |  WEDNESDAY, 27 JUL 2011
Several large superannuation funds last week demanded improved corporate governance in the wake of the News Corporation scandal, but both the Australian Institute of Chartered Accountants and the Australian Institute of Company Directors have said the ...

Super Choice did not change super habits

ALISON BEVEGE  |  WEDNESDAY, 27 JUL 2011
Super Choice legislation enabling consumers to choose their superannuation fund has made little impact on the way Australians choose superannuation, a report has found.

SMSF body moves against super death tax

ALISON BEVEGE  |  TUESDAY, 26 JUL 2011
The financial services community now has the chance to comment on the recent draft tax ruling affecting self-managed super funds that some have called a death tax by stealth.

LGS earns sustainability award

ELISE BURGESS  |  TUESDAY, 26 JUL 2011
Local Government Super has earned its second consecutive Australian Business Award for its work in environmental sustainability, due to its efforts in its direct property portfolio.

Trade union boss pushes for SG raise

ELISE BURGESS  |  MONDAY, 25 JUL 2011
The Australian Council of Trade Unions president, Ged Kearney, has voiced her support for a higher super guarantee and urged women in the super industry to maintain the fight for equal rights and to demand more action from government figures.

Real estate may cause super tax headache

ALISON BEVEGE  |  MONDAY, 25 JUL 2011
Real estate investments within superannuation would cause the biggest issue when pension-phase funds revert to accumulation on the death of the member, a self-managed super fund expert said today.