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Superannuation

Consolidated super corporation appoints board

RACHEL DAVIS  |  WEDNESDAY, 6 JUL 2011
The Commonwealth Superannuation Corporation has announced its inaugural board with the current chair of ARIA and MSB, Tony Hyams, given the position of chairman.

Legalsuper calls for default funds review

ELISE BURGESS  |  TUESDAY, 5 JUL 2011
Legalsuper is asking the Federal Government to review regulations around default funds, claiming conflicts of interest and poor performing funds are hurting the industry.

Super acting like a SWF: Treasury

ALEX DUNNIN  |  MONDAY, 4 JUL 2011
Superannuation in Australia is acting like a sovereign wealth fund and is on track to boost savings each year by three per cent of GDP.

Trio director offers EU to APRA

ELISE BURGESS  |  MONDAY, 4 JUL 2011
Former Trio Capital Limited (Trio) director, Natasha Beck, has acknowledge her part in the firm's collapse and offered an enforceable undertaking to the Australian Prudential Regulation Authority (APRA), which it has accepted.

Super funds returns on upwards trend

RACHEL DAVIS  |  MONDAY, 4 JUL 2011
Despite recent domestic and international investment pressures, super funds are on track to return nearly 8% on average this financial year, according to a recent report.

Merged LGsuper fund born today

ALISON BEVEGE  |  FRIDAY, 1 JUL 2011
Today marks the first official day of LGsuper and City Super as a merged entity.

Women in Super scholarship winners announced

ELISE BURGESS  |  FRIDAY, 1 JUL 2011
Winners of the Women in Super NSW scholarship program have been awarded and continue the group's work of getting more female representation of boards.

AustralianSuper, Westscheme merger completed

ELISE BURGESS  |  FRIDAY, 1 JUL 2011
AustralianSuper has hit $42 billion in funds and 1.8 million members after today officially merging with West Australian super fund, Westscheme, coinciding with its launch of an aviation division.

Community housing wants to attract super funds

ALISON BEVEGE  |  FRIDAY, 1 JUL 2011
Community housing will be pitched to superannuation funds as an investment at a conference this month as experts say a national housing shortage is driving up rents.

Equipsuper clears merger hurdle with Vision

ALISON BEVEGE  |  THURSDAY, 30 JUN 2011
The merger of Vision Super and Equipsuper will continue after the two funds cleared a major obstacle that delayed the deal to 2012.