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Superannuation

Member switching yields winners and losers

RUTH LIEW  |  TUESDAY, 16 NOV 2010
A new SuperSA study shows 93 per cent of Triple S members chose to stay in the default balanced option during the GFC - while 7 per cent opted to put their money in different strategies.

Industry fund members switch to SMSFs

RUTH LIEW  |  TUESDAY, 16 NOV 2010
Industry funds are losing members to self-managed super funds, poor investment performance and lacklustre communication, research shows.

CareSuper and ME take it to the streets

ELISE BURGESS  |  MONDAY, 15 NOV 2010
CareSuper talks to members in a local shopping mall in a bid to generate interest in super and financial advice.

CalPERS deploys US$500m into ESG, OTPP buys Chunnel link

JOHN MCDULING  |  FRIDAY, 12 NOV 2010
North American pension funds have been actively pursuing investment opportunities this week, and in typically uncoventional fashion.

NAB Super restructures alternatives portfolio

RUTH LIEW  |  FRIDAY, 12 NOV 2010
NAB Super joins the growing number of funds that are cutting their Australian equities exposure and finetuning their alternatives assets portfolios.

Gen Yers want advice

RUTH LIEW  |  FRIDAY, 12 NOV 2010
If you think the majority of people who seek insurance and consolidation advice are older Australians, then think again - new research shows fund members aged 25 and below are the primary seekers of single issue advice.

Cooper push for "Super Council"

ELISE BURGESS  |  FRIDAY, 12 NOV 2010
Speaking at the ASFA conference, Jeremy Cooper, leader of the recently completed Super System Review, said he will recommend the swimEC Council establish a co-regulatory super council.

Factions will stay: AMP, AustralianSuper

RUTH LIEW  |  FRIDAY, 12 NOV 2010
Two of the country's largest super funds, AustralianSuper and AMP, said a fully cohesive superannuation industry will never be achieved, as retail and not-for-profit super funds cannot completely set aside their differences to tackle the toughest issues ...

Australian Catholic Super prepares for take-off

JOHN MCDULING  |  THURSDAY, 11 NOV 2010
The $3.7 billion Australian Catholic Super has made a significant investment into Investec's Global Aircraft Fund.

Qantas eyes alternatives, cools on equities

RUTH LIEW  |  THURSDAY, 11 NOV 2010
Qantas Super has reduced its exposure to international and local equities in favour of hedge funds, unlisted infrastructure and return seeking credit following an asset allocation update.