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Superannuation

FuturePlus seeks more alternatives

RUTH LIEW  |  TUESDAY, 19 OCT 2010
FuturePlus Financial Services is advising its clients, including the $3 billion Energy Industries Superannuation Scheme (EISS), to reduce their international equities exposure and reallocate up to a combined 25 per cent into global listed infrastructure ...

Lower fees or lose advantage: ACTU

RUTH LIEW  |  MONDAY, 18 OCT 2010
The ACTU has called on industry funds to keep lowering their fees or risk losing one of their key competitive advantages over retail funds.

All cashed up and ready to pounce

ELISE BURGESS  |  FRIDAY, 15 OCT 2010
Self managed super fund trustees are looking to invest a portion of their cash holdings, currently accounting for more than 50 per cent of their portfolio, into shares, a new survey shows.

Super funds call for new fee paradigm

JOHN MCDULING  |  THURSDAY, 14 OCT 2010
The Australian Institute of Superannuation Trustees (AIST) has renewed calls for alternatives to the existing asset-based and performance-based fee models.

PAS supports Paceline

ELISE BURGESS  |  THURSDAY, 14 OCT 2010
Professional Associations Super hopes to raise $60,000 for heart research, joining the list of super funds helping to secure funds for charities affecting retirees.

ANZ boosts super contribs for female staff

ELISE BURGESS  |  THURSDAY, 14 OCT 2010
ANZ female employees will now benefit from a range of financial and leave benefits, including in super, as the bank aims to improve incentives for female staff.

Funds should show benefit projections: IAA

MEDIA RELEASE  |  WEDNESDAY, 13 OCT 2010
Superannuation funds should include member benefit projections in annual member statements to help members track their progress towards their retirement savings goals, new research shows.

Trustees must raise bar on governance: ASFA

RUTH LIEW  |  WEDNESDAY, 13 OCT 2010
Superannuation trustees should be subject to higher governance standards than listed company directors owing to the long term and compulsory nature of super, according to industry body ASFA.

Former planner pushes for cruelty free super

ELISE BURGESS  |  WEDNESDAY, 13 OCT 2010
UK financial planner hopes to introduce a successful tried-and-tested vegan super model into the Australian market through the launch of Cruelty Free Super.

PAS taps direct property, shifts bonds

RUTH LIEW  |  TUESDAY, 12 OCT 2010
The $1.6 billion Professional Associations Super has poured $80 million into two direct property mandates and re-allocated $75 million from global bonds to Australian bonds.