Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Superannuation

Telstra unveils defensive growth strategy

COMPANY RELEASE  |  TUESDAY, 6 JUL 2010
Telstra Super has launched a "Defensive Growth" investment option for members whose risk appetite may have lessened in the medium term, but want to participate in capital growth through growth assets.

Olive branch for SMSF art investors

MEDIA RELEASE  |  TUESDAY, 6 JUL 2010
SMSFs' investments in exotic assets including art may be banned if the Cooper Review's recommendations go ahead - but one of the review's panelists, Meg Heffron, said art is still an option for investors, if they restructure their fund.

ESSSuper drops VFMC for Towers Watson

RUTH LIEW  |  TUESDAY, 6 JUL 2010
The $15 billion Victoria-based ESSSuper has appointed Towers Watson as its new investment adviser for the fund's accumulation assets, terminating its previous contract with VFMC, which will still be the adviser for the fund's defined benefit investments.

Legalsuper attracts record inflows

MICHAEL HOBBS  |  TUESDAY, 6 JUL 2010
Legalsuper attracted 52 per cent more non-employer contribution transfers from other super funds than in the previous financial year.

Central plank of Cooper Review is MySuper

MICHELLE BALTAZAR  |  MONDAY, 5 JUL 2010
Following a year-long study on the efficiency of the superannuation system, the Cooper Review panel recommends the Government introduce a new default fund option for the masses to be called 'MySuper', a simple solution with dramatic consequences.

Mercer wins Media Super mandate

COMPANY RELEASE  |  MONDAY, 5 JUL 2010
The $2.5 billion Media Super has selected Mercer as its outsourced administration and member services provider.

Cooper recommends info dashboard for members

MICHAEL HOBBS  |  MONDAY, 5 JUL 2010
Cooper has advocated super funds create a standardised plain English 'dashboard' for members that allow them to compare the risk of different investment options and find out the fees and costs of each option.

Review reinforces power of fund scale

RUTH LIEW  |  MONDAY, 5 JUL 2010
The importance of fund scale and consolidation were some of the key issues highlighted by the Cooper Review, but some players are skeptical on the need for mega funds.

TFN should be member ID: Cooper

MICHAEL HOBBS  |  MONDAY, 5 JUL 2010
The Cooper Review has recommended tax file numbers (TFNs) become the primary super fund member identifier to improve member processing and make it easier for them to switch funds.

Cooper Review wants bigger role for APRA

ALEX DUNNIN  |  MONDAY, 5 JUL 2010
The Super System Review's recommendation to expand APRA's role among superannuation could be the key to unlocking many of the potential benefits arising from the Review.