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Superannuation

Qantas Super switches custody to J.P.Morgan

QANTAS SUPER RELEASE  |  TUESDAY, 30 MAR 2010
Qantas Super names J.P.Morgan as custodian to the fund's $5 billion-plus in assets, replacing its previous custodian, NAB Asset Servicing.

Abu Dhabi sovereign fund chief missing

MICHELLE BALTAZAR  |  TUESDAY, 30 MAR 2010
The managing director of Abu Dhabi Investment Authority, Sheikh Ahmed bin Zayed al Nahyan, has been reported missing after a plane crash, according to international newspapers.

NSW man sentenced for early super release

ASIC RELEASE  |  TUESDAY, 30 MAR 2010
Another one bites the dust - SMSF trustee Atan Ona Kassongo joins the growing list of offenders caught unlawfully allowing early access to his super fund.

NZ Super buys Shell assets

PRESS RELEASE  |  MONDAY, 29 MAR 2010
A consortium including the New Zealand Superannuation Fund has bought the Royal Dutch Shell's New Zealand distribution business assets for more than $540 million.

IFSA blasts latest APRA league tables

ALEX DUNNIN  |  THURSDAY, 25 MAR 2010
IFSA has dismissed the APRA 'whole of fund' return on assets metrics as misleading, confusing and irrelevant for most members.

Outback stake on Westscheme radar

RUTH LIEW  |  THURSDAY, 25 MAR 2010
Western Australia-based Westscheme has become a minority shareholder of RM Williams Agricultural Holdings after one of the fund's investments folded into the company.

Not-for-profits still beat retail: APRA

ALEX DUNNIN  |  WEDNESDAY, 24 MAR 2010
APRA has released its second round of fund level 'whole of fund' return on assets figures again showing retail super funds to have significantly underperformed their not-for-profit rivals in the five years to June 2009.

Ready, steady, communicate

COMPANY RELEASE  |  TUESDAY, 23 MAR 2010
Members don't care about super until close to retirement - myth or fact? According to ESI Super, it is a myth as increasingly financially literate members look to their super funds as "partners" before, during, and after retirement.

Instos lobby for Main Street

COMPANY RELEASE  |  MONDAY, 22 MAR 2010
US institutional investors and experts have banded together to offer lawmakers a list of "do's and don'ts" in governance reforms as the Senate Banking Committee mulls over a bill by chairman Christopher Dodd to plug regulatory gaps exposed by the GFC.

Make a pledge to grow your super

RUTH LIEW  |  MONDAY, 22 MAR 2010
The $7 billion HOSTPLUS has launched a new campaign encouraging members to "pledge to do one thing for their super" in an effort to rouse them to add more to their accounts.