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

Superannuation

Legalsuper employer contribs jump 15 pc

ALEX DUNNIN  |  WEDNESDAY, 23 FEB 2011
Boutique legal industry super fund legalsuper reported a 15 per cent jump in employer contributions for the six months to 31 December 2010, reinforcing the rising inflows they attracted in 2009.

J.P. Morgan wins $1.5bn custody mandate

MEDIA RELEASE  |  TUESDAY, 22 FEB 2011
J.P. Morgan Treasury & Securities Services (TSS) is the new custodian and administration provider of corporate super fund City Super.

Low contrib caps slam brakes on SMSFs

MICHELLE BALTAZAR  |  MONDAY, 21 FEB 2011
Existing rules around contribution caps have prevented self-managed super fund trustees from saving more for their retirement, with new research showing that at least $15.1 billion of assets could have been added to the superannuation pool last year ...

Super stoush over opt-in scheme

ALISON BEVEGE  |  MONDAY, 21 FEB 2011
A super industry stoush is brewing over annual opt-in fees proposed under the Future of Financial Advice (FoFA) reforms.

Bank blocks pension gold

MATT WOODINGTON  |  MONDAY, 21 FEB 2011
Central bank De Nederlandsche Bank (DNB) ordered Dutch pension fund SPVG to reduce its investment in gold from 13 per cent of its portfolio to three per cent or less.

Rise of 'climate sensitive' asset allocation: Mercer

MATT WOODINGTON  |  MONDAY, 21 FEB 2011
Superannuation funds are being encouraged to embrace the investment opportunities brought on by climate change by investing in so called 'climate sensitive assets'.

Media Super switches from Pillar to Mercer

ELISE BURGESS  |  THURSDAY, 17 FEB 2011
Media Super has appointed Mercer to handle the fund's day-to-day administrative services, transferring from its current provider Pillar.

Cbus to shut down 'capital guaranteed' option, renames default

MATT WOODINGTON  |  WEDNESDAY, 16 FEB 2011
The Construction and Building Unions Superannuation (Cbus) has closed two of its investment options, including 'capital guaranteed', while renaming its default option to 'growth'.

Telstra Super upgrades insurance

ELISE BURGESS  |  WEDNESDAY, 16 FEB 2011
Telstra Super continues to upgrade its insurance offerings with the most latest improvement designed to benefit members in same-sex relationships.

Self-directed investors challenge industry giants

MICHELLE BALTAZAR, ALEX DUNNIN  |  MONDAY, 14 FEB 2011
Wealth managers already struggling to defend their business models against intra-fund advice and MySuper reforms are set to be confronted by even bigger challenges - this time from a new breed of product providers built solely to cater for self-directed ...