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Superannuation

HOSTPLUS opens NT and Sydney offices

COMPANY RELEASE  |  THURSDAY, 20 MAY 2010
The $7 billion-plus HOSTPLUS has opened new offices in Darwin and Parramatta, to cater for continued growth in these areas.

CalPERS reprimands board member

RUTH LIEW  |  THURSDAY, 20 MAY 2010
One of the largest US funds, CalPERS, has voted to strip one board member's position as chair of the fund's health benefits committee along with her travel privileges after failing to file financial disclosure statements.

AMP rationalises super and pension prods

COMPANY RELEASE  |  THURSDAY, 20 MAY 2010
AMP Financial Services is cutting the number of superannuation products it provides from six to two - closing four superannuation and pension products with more than $34 billion in assets under management to new money from July.

RSPT is govt trying to pick winners: academic

ALEX DUNNIN  |  THURSDAY, 20 MAY 2010
The resource super profits tax is a cash grab from the mining industry that shows overseas investors Australia is prepared to change the rules at the height of a boom, said a leading tax academic.

AvSuper appoints Hannover Life Re

RUTH LIEW  |  WEDNESDAY, 19 MAY 2010
The $1 billion-plus AvSuper has appointed Hannover Life Re as its new insurer.

JANA wins legalsuper mandate

COMPANY RELEASE  |  TUESDAY, 18 MAY 2010
Legalsuper has re-appointed JANA Investment Advisers as its asset consultant for a three-year term.

Service core to Tower mandate: AustralianSuper

RUTH LIEW  |  MONDAY, 17 MAY 2010
Better and faster service was a core reason why AustralianSuper awarded Tower one of the largest insurance mandates in the industry last year, said the fund's chief executive, Ian Silk.

LGS wins $2.1m green building fund

COMPANY RELEASE  |  MONDAY, 17 MAY 2010
Local Government Super (LGS) has been awarded a $2.1 million Green Building Fund Grant by the Department of Innovation, Industry, Science and Research.

Members star in Sunsuper ad campaign

COMPANY RELEASE  |  MONDAY, 17 MAY 2010
Sunsuper has launched a new advertising campaign that will star its own members.

Raising SG could impact regional companies

COMPANY RELEASE  |  FRIDAY, 14 MAY 2010
The Government's recent reforms to super is a win for working Australians - but the impacts of increased SG levels on small businesses in regional Australia is a major concern, argues Prime Super.