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Superannuation

Maritime consolidates alternatives and ARFs

RUTH LIEW  |  THURSDAY, 13 MAY 2010
The $3 billion Maritime Super has consolidated the Absolute Return Funds and Alternatives asset classes within its investment options lineup.

QSuper appoints NAB for custody

COMPANY RELEASE  |  THURSDAY, 13 MAY 2010
The $28 billion public sector superannuation fund, QSuper, has appointed National Australia Bank (NAB) to provide master custody and investment reporting services.

Tasplan invests $21m in hedge fund strategies

MICHAEL HOBBS  |  TUESDAY, 11 MAY 2010
Tasplan has invested $21 million investment in AQR Capital Management's Wholesale DELTA fund.

RSPT reaction excessive: ISN

ALEX DUNNIN  |  TUESDAY, 11 MAY 2010
An analysis of the proposed Resources Super Profits Tax (RSPT) by Industry Super Network reveals that its short-term introductory costs of 12 basis points will be more than offset by positive impacts on mining companies and super fund returns as they ...

KiwiSaver eggs more savings, but not enough

MICHAEL HOBBS  |  TUESDAY, 11 MAY 2010
A survey has found far more New Zealanders are saving money for retirement but very few are using the KiwiSaver scheme to its full potential.

Asset Super tops up direct property

COMPANY RELEASE  |  FRIDAY, 7 MAY 2010
Top performing super fund Asset Super is increasing its exposure to unlisted property, after investing another $16 million into Lend Lease funds.

AMP corp super inflows fall

MICHAEL HOBBS  |  THURSDAY, 6 MAY 2010
AMP corporate super cash inflows fell due to lower rollovers and a decline in salary sacrifice contributions because of changes in concessional contribution caps, according to the firm's first quarter cash flows report.

Maritime looks beyond life risk

RUTH LIEW  |  THURSDAY, 6 MAY 2010
Maritime Super is joining the growing number of funds expanding their insurance offerings, and is looking to offer health, car, home and travel insurance.

Troubled Greece to freeze pensions

RUTH LIEW  |  TUESDAY, 4 MAY 2010
The Greek government has agreed to freeze wages and pensions for three years in a deal with the International Monetary Fund which will help revive its ramshackle economy.

SG jump twice as bad as mining tax slug

ALEX DUNNIN  |  TUESDAY, 4 MAY 2010
The political focus might be on the government's $9 billion super profits tax slug on miners, but employer groups say lifting SG by one third will hit them twice as hard.