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Superannuation

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.

Maritime gives members a work out

ELISE BURGESS  |  WEDNESDAY, 2 FEB 2011
Maritime Super has launched an online education program called 'the gym', joining the growing number of super funds eager to help their members know more about how to manage their savings.

AustralianSuper posts solid quarter

ELISE BURGESS  |  TUESDAY, 1 FEB 2011
AustralianSuper has posted a solid set of performance numbers across its investment options in the past six months, with all of the fund's pre-mixed options, bar one, beating their respective benchmarks.

ESI and SPEC form Energy Super

FUND UPDATE  |  FRIDAY, 28 JAN 2011
Energy Super is the new name to watch in superannuation after ESI Super and SPEC Super complete their merger in April.

Trustees review fine print

RUTH LIEW  |  THURSDAY, 27 JAN 2011
The twin themes of super funds gaining more scale and moving more of their investment management in-house will force trustees to add extra layers of governance or risk losing large sums of fund members' money, experts said.

Super contribs to SMSFs down, asset alloc steady

RUTH LIEW  |  TUESDAY, 25 JAN 2011
SMSF contributions fell by more than 20 per cent in the last quarter - following similar patterns throughout last year, new research shows.

Asset Super mulls merger

RUTH LIEW  |  MONDAY, 24 JAN 2011
The chief executive of Asset Super said the fund is open to merger talks and has already been approached by several super funds, ahead of a new three-year strategy that starts this year.