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Superannuation

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.

Forget brand and choices, members want performance

ALEX DUNNIN  |  THURSDAY, 11 NOV 2010
Just one day after results showed super funds have delivered paltry 4 per cent average returns, new research has confirmed that for members their number one priority is investment performance.

Trustees call to scrap MySuper

RUTH LIEW  |  THURSDAY, 11 NOV 2010
Two prominent superannuation industry experts have argued that MySuper should be axed, saying it will only worsen member complacency and completely fails to tackle the two major issues in super - engagement and adequacy.

Less options, more choice

MICHELLE BALTAZAR  |  WEDNESDAY, 10 NOV 2010
HESTA Super joins the growing number of super funds that have narrowed the list of investment options available to members post-GFC, but the fund took it a step further by removing one sub-asset class out of two key options altogether.

SuperChoice tags Australia Post for super

MEDIA RELEASE  |  WEDNESDAY, 10 NOV 2010
SuperChoice has collaborated with Australia Post on a superannuation account consolidation project that could reduce fees on unwanted extra accounts by $500 million over the next five years.

Super fund returns fall to just 3.7 pct

COMPANY RELEASE  |  WEDNESDAY, 10 NOV 2010
Poor share market returns are continuing to inflict damage on super funds with median returns for the 12 months to end September coming in at only 3.7 per cent.

LUCRF launches community trust

MEDIA RELEASE  |  TUESDAY, 9 NOV 2010
LUCRF Super has made charity work a key priority following the establishment a community partnership trust.