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Superannuation

FSS and Health Super merger on track

ALISON BEVEGE  |  WEDNESDAY, 23 MAR 2011
First State Super and Health Super are on track to finalise their merger by June 30, creating one of the largest superannuation funds in Australia.

Aussie funds fail transparency test

ALISON BEVEGE  |  WEDNESDAY, 23 MAR 2011
Australia's managed funds are among the world's worst in terms of disclosure, a report has found, with financial advisers caught between client commitments and secretive funds.

Super fund signals future role in govt policy

ELISE BURGESS  |  TUESDAY, 22 MAR 2011
AustralianSuper marks another turning point in superannuation history when it created a new 'head of policy' role, yet another sign that the country's largest super fund is taking on a leadership role in an industry set to manage trillions of dollars ...

Franklin Global Growth gets three-star rating

ALISON BEVEGE  |  MONDAY, 21 MAR 2011
Franklin Global Growth has now been rated by Standard & Poor's, completing the analyst firm's review of the International Equities Large Cap - Concentrated peer group.

CareSuper offers online advice

MATT WOODINGTON  |  MONDAY, 21 MAR 2011
The $4.4 billion CareSuper has launched 'Money Mentor', a 12-stage online advice platform for members.

Super on table for October tax review

ALISON BEVEGE  |  MONDAY, 21 MAR 2011
Superannuation will be up for discussion at the Federal Government's October tax summit raising the spectre of further review, with industry figures asking for stability after a tumultuous few years.

ISN urges members to seek intra-fund advice

ALISON BEVEGE  |  MONDAY, 21 MAR 2011
Industry super funds have started a national advertising campaign across major metropolitan newspapers to urge their members to seek financial advice from their fund.

Last call for your say on law change

ALISON BEVEGE  |  FRIDAY, 18 MAR 2011
Submissions close at 5pm today on draft laws the Federal Government claims will encourage foreign companies to set up headquarters in Australia.

Senior departures at Acadian

ALISON BEVEGE  |  THURSDAY, 17 MAR 2011
The departure of two senior portfolio managers will not affect the rating of five Acadian Asset Management funds, ratings firm Standard & Poor's said yesterday.

Fund, Insurers unafraid of Japan quake cost

ALISON BEVEGE  |  WEDNESDAY, 16 MAR 2011
A superannuation fund which invested $300 million in the catastrophe bond sector last year has said it does not expect any direct losses from the Japan earthquake tragedy.