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Superannuation

Av Super chair wins 2010 Trustee of the Year Award

AIST RELEASE  |  FRIDAY, 19 MAR 2010
The Australian Institute of Superannuation Trustees has awarded Av Super's outgoing chair David Leggo as this year's Trustee of the Year.

Cbus Connect merger heralds investment changes

RUTH LIEW  |  FRIDAY, 19 MAR 2010
Cbus is in merger talks with electricity fund CONNECT - a move that could see changes in overlapping mandates and a face off between each fund's asset consultant, Frontier Investments and JANA.

BT Super for Life hits the mark

MICHAEL HOBBS  |  THURSDAY, 18 MAR 2010
BT Financial Group won 5,000 new BT Super for Life customers in just six weeks through Westpac-owned channels Bank SA and St.George Bank.

Asset consultants under fee pressures

MICHELLE BALTAZAR  |  WEDNESDAY, 17 MAR 2010
Leading asset consultants were grilled about the value they add to super fund portfolios at an industry conference held yesterday. The results? Refreshingly honest.

SMSFs breach less ATO rules

COMPANY RELEASE  |  WEDNESDAY, 17 MAR 2010
Self managed super fund trustees are heeding the Australian Taxation Office's warning about breaching fund rules, but ongoing problems - including giving personal loans to members - continue to plague the sector.

Open letter to trusted trustees

MICHELLE BALTAZAR  |  WEDNESDAY, 17 MAR 2010
Trustees should use their collective muscle to punish investment managers and listed company directors who are robbing investors blind through capital raisings and deals that ultimately destroy shareholder value, said a governance expert.

NZ Super returns 17pc

PRESS RELEASE  |  WEDNESDAY, 17 MAR 2010
The New Zealand Superannuation Fund returned more than 17 per cent for the financial year to date at the end of February this year - a $2.3 billion net gain.

Hands off SMSFs, warns assoc

ALEX DUNNIN  |  WEDNESDAY, 17 MAR 2010
It's war. The Australian Investors Association (AIA), which claims to represent 2,000 self managed super fund investors, has told the government to keep its hands off the sector and forget about trying to impose any new compliance requirements.

Instos still lukewarm on climate change risk

MICHELLE BALTAZAR  |  TUESDAY, 16 MAR 2010
Eight super funds, including AustralianSuper, are spearheading the move to better assess climate change risks on long-term returns, but the industry, as a whole, is still moving at a glacial pace on all thing carbon, a survey shows.

Angel in the detail: Cooper's cost cutting measures

MICHELLE BALTAZAR  |  TUESDAY, 16 MAR 2010
Jeremy Cooper, head of the Super System Review, estimates super funds can save up to $1 billion in costs by doing little things that add up to mean a lot.