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Superannuation

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 ...

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).