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Superannuation

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.

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.