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Superannuation

SMSF education gains traction

COMPANY RELEASE  |  WEDNESDAY, 16 JUN 2010
More than 700 new members have joined SMSF online resource centre, www.thesmsfreview.com.au in its first three weeks of launching.

HESTA hires Hermes for intl ESG

MICHAEL HOBBS  |  WEDNESDAY, 16 JUN 2010
HESTA has appointed Hermes Equity Ownership Services (EOS) to provide environmental, social and governance (ESG) research and voting services on international share investments.

Super savings run out well before retirement: survey

ALEX DUNNIN  |  WEDNESDAY, 16 JUN 2010
The average retiree lives 17 years and their savings are expected to run out after only five, a new survey shows, proving yet again how most retirees are unprepared for life post-work, regardless of regulatory reforms.

AMP unveils new super ad campaign

COMPANY RELEASE  |  TUESDAY, 15 JUN 2010
AMP has launched a new consumer advertising campaign to promote its new low cost superannuation AMP Flexible Super Core.

SG lift costs super $700bn

MICHELLE BALTAZAR  |  FRIDAY, 11 JUN 2010
The superannuation funds industry's celebrations over winning their battle for more SG would be more subdued if they factored in how the Henry Review's original tax reform proposals would have added an extra $700 billion to their coffers, reveals new ...

Super SA seeks member services director

RUTH LIEW  |  FRIDAY, 11 JUN 2010
Super SA is looking to hire a new director of finance and member services.

Tide turns in industry vs retail fund performance

APRA RELEASE  |  THURSDAY, 10 JUN 2010
The latest APRA superannuation performance figures suggest a reversal of fortunes in super land, with retail funds returning nearly 21 per cent over the year to March, ahead of industry funds' 16 per cent.

OAMPS partners with MBF

RUTH LIEW  |  THURSDAY, 10 JUN 2010
OAMPS Super has partnered with health insurer MBF to provide members with discounted private health cover.

Korea's big four dominate pensions

COMPANY RELEASE  |  WEDNESDAY, 9 JUN 2010
The top four service providers in Korea administer around half of all funded corporate pension assets in the country, and account for KRW 7 trillion of assets, according to Towers Watson's Korea Pension Report.

AvSuper axes ME Bank mandate

RUTH LIEW  |  WEDNESDAY, 9 JUN 2010
AvSuper has terminated a minor mandate with Members Equity Bank, after the fund trustee determined it was no longer in members' best interests to continue investing with the firm.