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Superannuation

Sunsuper launches planner scholarship

ELISE BURGESS  |  FRIDAY, 11 FEB 2011
Sunsuper addresses gender diversity in financial services by funding scholarships designed for budding female financial planners.

Smarter annuities can plug retirement savings gap

MATT WOODINGTON  |  THURSDAY, 10 FEB 2011
Leading superannuation expert and academic John Evans believe there are more ways to develop the annuities market than are currently being explored.

AvSuper crunches numbers with new calculator

ELISE BURGESS  |  THURSDAY, 10 FEB 2011
Online calculators may be a dime a dozen in finance land but a growing number of super funds, including AvSuper, are trying a different tack by customising their online tools to the specific needs of their members.

Westscheme merges with AustralianSuper

MICHELLE BALTAZAR  |  TUESDAY, 8 FEB 2011
The merger of AustralianSuper and Westscheme announced today would create a $40 billion super fund with 1.7 million members, further cementing AustralianSuper's ranking as Australia's biggest super fund.

Treasury targets $18.8bn in lost super

ELISE BURGESS  |  MONDAY, 7 FEB 2011
Draft legislation released by the Treasury on Friday has called for submissions regarding the use of tax file numbers (TFNs) on superannuation funds, a motion receiving mixed responses from the industry.

Super baby bonus validity questioned

ELISE BURGESS  |  MONDAY, 7 FEB 2011
Calls for a "super baby bonus" opens door for change and a greater push for more benefits in Australian women's superannuation entitlements, according to Association of Superannuation Funds of Australia (ASFA).

NAB boosts private equity admin

MATT WOODINGTON  |  FRIDAY, 4 FEB 2011
National Australia Bank's Asset Servicing division has signed an agreement with BNY Mellon to introduce private equity administration and middle office services for superannuation and fund managers.

Sunsuper adds another property mandate

ELISE BURGESS  |  THURSDAY, 3 FEB 2011
Sunsuper has expanded its direct property portfolio after purchasing a $107 million property to compliment its national growth strategy.

Govt lays ground for Stronger Super

GOVT RELEASE  |  WEDNESDAY, 2 FEB 2011
The Government has appointed former Future Fund general manager Paul Costello as the chair of the Stronger Super Peak Consultative Group, a panel made up of key representatives from the superannuation sector who will help advice the government on how ...

Large funds use scale to boost after-tax savings

ELISE BURGESS  |  WEDNESDAY, 2 FEB 2011
An after-tax optimisation tool available to super funds called 'propagation' is proving too expensive to run in practice and, at current prices, is only cost-effective for multi-billion super funds, research shows.