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Superannuation

Port of Brisbane in the hands of super

RUTH LIEW  |  WEDNESDAY, 24 NOV 2010
The $33 billion AustralianSuper is adding the Port of Brisbane to its infrastructure portfolio - the latest addition to its $4.5 billion infrastructure portfolio after the fund signalled its intentions to be a key player in the asset class earlier this ...

First State app gets 11,000 hits

RUTH LIEW  |  TUESDAY, 23 NOV 2010
Less than four months after First State Super launched its inaugural iPhone app for members to check their super, the fund has recorded 11,000 downloads - and expects more people to sign up.

Maritime offers fixed term investment option

RUTH LIEW  |  MONDAY, 22 NOV 2010
Maritime Super is launching a new fixed term investment option next month - a strategy normally associated with retail super funds, and arguably the first of its kind introduced by an industry fund.

HIP appoints MLC as insurer, boosts cover

RUTH LIEW  |  FRIDAY, 19 NOV 2010
The $500 million-plus Health Industry Plan has appointed MLC as its group insurance provider and improved its insurance benefits for members.

OnePath embraces fee for service

MEDIA RELEASE  |  FRIDAY, 19 NOV 2010
OnePath has launched OneAnswer Frontier, a new range of fee-for-service products available through the OneAnswer platform.

More voice needed in policy debate: AustralianSuper

RUTH LIEW  |  THURSDAY, 18 NOV 2010
Super funds controlling Australia's $1.3 trillion retirement savings have not played a strong enough role in policy debates and need to lift their game, said the chief of the country's largest industry fund.

ISN renews push for 12pc SG

JOHN MCDULING  |  THURSDAY, 18 NOV 2010
The Industry Super Network (ISN) has reiterated its call for the superannuation guarantee (SG) to be lifted to 12 per cent, and is hopeful the policy will receive unanimous approval in parliament.

Health Super to merge with First State

RUTH LIEW  |  WEDNESDAY, 17 NOV 2010
Health Super is in merger talks with First State Super to create a $28 billion-plus fund with over 750,000 members - making it one of the largest funds in Australia.

Fees on SG super should be cost-recovery: IPA

ALEX DUNNIN  |  WEDNESDAY, 17 NOV 2010
Fees on compulsory superannuation should be slashed to only be on the basis of cost-recovery, said the conservative think tank the Institute of Public Affairs.

Fixed fee model in slow burn

JOHN MCDULING  |  TUESDAY, 16 NOV 2010
Fiona Trafford-Walker, chief executive of Frontier Consulting, said the asset consultancy has experienced "modest success" in getting fund managers to adopt the novel fee model they proposed more than a year ago.