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Superannuation

Sunsuper awards $700m mandate

MATT WOODINGTON  |  FRIDAY, 3 JUN 2011
Sunsuper has undergone a slight re-weighting of its Australian Equities portfolio, handing a new $700 million mandate to Vinva Investment Management.

Plum has members in its sights with new appointment

RACHEL DAVIS  |  FRIDAY, 3 JUN 2011
Tony Stewart has been appointed Head of Member Services for Plum and the MLC Group's Corporate and Institutional Wealth division.

AMP targets lost super to attract members

ELISE BURGESS  |  THURSDAY, 2 JUN 2011
AMP is targeting super consolidation to rein in $1.1 billion of lost super fees while building bridges between AMP planners and super.

Software speeds up SMSF creation

ALISON BEVEGE  |  WEDNESDAY, 1 JUN 2011
Financial advisers and accountants can set up new self-managed super funds in under ten minutes with SMSF software which allows trustees to invest in anything from shares to bull semen.

Vision Super remains hopeful on Equip merger

MATT WOODINGTON  |  WEDNESDAY, 1 JUN 2011
Vision Super is confident that its merger with Equipsuper will still go ahead, despite fears that it was off after negotiations between the two hit some union hurdles, as reported by Financial Standard on May 26.

UniSuper keen to boost after-tax returns

MATT WOODINGTON  |  MONDAY, 30 MAY 2011
UniSuper is looking to increase member returns by appointing GBST to provide after-tax benchmarking solutions to assess fund manager performance.

StatewideSuper to merge with Local Super

ALISON BEVEGE  |  MONDAY, 30 MAY 2011
Industry fund StatewideSuper is to merge with smaller fund Local Super in a deal that would create a $4 billion entity, covering 160,000 members of the state's work force.

BT Super dangles $20,000 carrot

ELISE BURGESS  |  MONDAY, 30 MAY 2011
BT Super for Life has upped the ante to attract new members by offering four cash prizes of up to $20,000 for switching to and contributing to a BT Super for Life account.

Super insurance simplified for funds

ALISON BEVEGE  |  FRIDAY, 27 MAY 2011
Superannuation industry organisations have welcomed new legislation that makes it easier for super funds to claim tax deductions for the cost of total and permanent disability insurance provided to members.

Bentham wins $350 million mandate

ALISON BEVEGE  |  FRIDAY, 27 MAY 2011
Specialist global credit investment managers Bentham Asset Management have won a major new mandate from AustralianSuper worth $350 million.