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Superannuation

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.

Members call for investment choice

ASFA RELEASE  |  WEDNESDAY, 9 JUN 2010
Around seven out of 10 Australians want to have investment choice in super, and more than half exercise it, new research from ASFA shows.

Investors review global fixed income

RUTH LIEW  |  TUESDAY, 8 JUN 2010
Some super funds plan to reduce their passive fixed income mandates and cull their international exposure as concerns on Europe's sovereign debt crisis escalates, according to QIC.

ESI Super tops up growth and fixed interest

RUTH LIEW  |  MONDAY, 7 JUN 2010
The $2.8 billion ESI Super has increased its fixed interest and growth assets allocations across four investment options, following a recent review.

Mercer wins RBF mandate

RUTH LIEW  |  THURSDAY, 3 JUN 2010
Tasmania's Retirement Benefit Fund has confirmed Mercer as its outsourcing partner for administration, member contact and communication.

Qantas Super slows funding plan

RUTH LIEW  |  WEDNESDAY, 2 JUN 2010
Qantas Super is easing the flow of funds into its $66 million additional funding plan as markets bounce back and the fund's financial position improves.

AustralianSuper and AMP fight for super's most wanted

RUTH LIEW  |  MONDAY, 31 MAY 2010
Investors looking to move from their super fund to another are most likely to choose AustralianSuper, followed by AMP, PSS and QSuper, new research shows.