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Superannuation

REST Super taps Asia directly

RUTH LIEW  |  TUESDAY, 24 AUG 2010
REST Super has awarded a $25 million Asian equities mandate to Cooper Investors - the first time the $17 billion-plus industry fund has forayed into direct Asian equities investments.

ASFA calls on Cooper to aid SuperStream reforms

MICHELLE BALTAZAR  |  MONDAY, 23 AUG 2010
The Association of Superannuation Funds of Australia (ASFA) has called on Jeremy Cooper, chair of the Super System Review panel, to write a paper that will outline the right framework to deliver key SuperStream reforms.

Nothing to fear in hung parliament

JOHN MCDULING  |  MONDAY, 23 AUG 2010
The financial services industry is still digesting the ramifications of Saturday's election cliffhanger, which has given Australia its first hung parliament since 1940.

Funds with freebies

ELISE BURGESS  |  MONDAY, 23 AUG 2010
In what is fast becoming a trend, many super funds now offer freebies or perks to their members in return for their continued loyalty.

Hybrid banking account wins $1bn super

RUTH LIEW  |  FRIDAY, 20 AUG 2010
Westpac-owned BT Financial Group's experiment three years ago to launch a savings account-and-super product has turned into a billion-dollar success, proving there is a way to get everyday Australians involved with their super.

AvSuper takes legal action against big fund

RUTH LIEW  |  THURSDAY, 19 AUG 2010
Canberra-based super fund AvSuper Pty Ltd has lodged legal proceedings against Commonwealth Managed Investments Limited and Colonial First State Property Limited over the meaning of an agreement regarding the super fund's entitlements in the Commonwealth ...

Retirees using super for lifestyle, not income streams

ALEX DUNNIN  |  THURSDAY, 19 AUG 2010
Many retirees are unaware of what retirement products are and still see their nest egg's main purpose is to fund lifestyle needs, regardless of the industry-wide trend towards income streaming of retirement payments, reveals new research.

Lite Super website pulled down

ELISE BURGESS  |  WEDNESDAY, 18 AUG 2010
It appears that yet another no frills, low-cost online retail super product has disappeared from the market after BankWest's Lite Super product and website has been pulled down.

HOSTPLUS hires AustralianSuper comms consultant

COMPANY RELEASE  |  WEDNESDAY, 18 AUG 2010
HOSTPLUS has appointed former AustralianSuper senior communications consultant, Michelle Brown, as national marketing programs manager.

Election campaign ignores seniors

ALEX DUNNIN  |  TUESDAY, 17 AUG 2010
The election campaign has bypassed too many key issues important to older Australians, according interests groups that aim to represent the segment.