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Superannuation

Australia's funds industry lacks leadership

ALEX DUNNIN  |  FRIDAY, 13 AUG 2010
Australia's funds industry might lead the world in terms of government policy, but is badly let down by its poor leadership, said Roger Urwin, global head of investment content at asset consultant Towers Watson.

SuperStream to deliver $20bn in savings

RUTH LIEW  |  THURSDAY, 12 AUG 2010
Super funds will be able to save up to $20 billion over the next decade with the implementation of SuperStream - but the Government and Opposition will have to work hand in hand to see the savings passed down to members, according to the FSC.

Global and Asian mandates up for grabs

RUTH LIEW  |  WEDNESDAY, 11 AUG 2010
Australian domiciled international equities fund managers seeking mandates should look at the London Borough of Redbridge Pension Fund, which is keen to award $270 million in funds to global shares managers.

Time to lift operational reserves: Mercer

ALEX DUNNIN  |  WEDNESDAY, 11 AUG 2010
Funds need to ramp up their operational reserves, according to new research from Mercer.

The trillion dollar election question

RUTH LIEW  |  TUESDAY, 10 AUG 2010
With the election less than two weeks away, a key super fund executive weighs in on how it plans to grow the fund regardless of who wins the race.

APRA warns on unlisted asset valuations

RUTH LIEW  |  FRIDAY, 6 AUG 2010
In a sign that unlisted valuations are still high on APRA's watch list, the regulator has written another letter to remind super fund trustees of the risks in unlisted investments and to watch their valuation practices.

AGEST chief exec steps down

MICHELLE BALTAZAR  |  THURSDAY, 5 AUG 2010
The board of $3.7 billion super fund AGEST is on the hunt for a new chief executive after Michael Seton tendered his resignation to pursue new opportunities.

Trustees address 'young' elephant in the room

MICHELLE BALTAZAR  |  WEDNESDAY, 4 AUG 2010
Credit unions and super funds share the common dilemma of how to best serve their younger stakeholders, and it's a risk that becomes more pressing as their Baby Boomer clients move on from 'saving for retirement' to 'spending their savings' phase.

One in four retail fund members to switch: CHOICE

RUTH LIEW  |  WEDNESDAY, 4 AUG 2010
One in four retail super fund members are considering switching to other super options because they are dissatisfied with the fees, customer service or investment options, CHOICE research found.

Strachan to head combined investment team

MICHAEL HOBBS  |  WEDNESDAY, 4 AUG 2010
Michael Strachan, chief investment officer at Equipsuper, will be at the helm of the investment team of his super fund and Vision Super, as both funds prepare to merge.