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Superannuation

Future Fund behind Azerbaijan on transparency

MICHAEL HOBBS  |  FRIDAY, 5 MAR 2010
The sovereign wealth fund transparency index has found that Australia's $66 billion Future Fund is slightly less transparent than SWFs of the United Arab Emirates (UAE), New Zealand and Azerbaijan.

Super has no competition, no innovation: ISN

ALEX DUNNIN  |  THURSDAY, 4 MAR 2010
Market failure in superannuation is so profound that the most innovative player is the regulator, said David Whiteley, chief executive of the Industry Super Network.

ASSET Super appoints LGT Capital

MICHAEL HOBBS  |  WEDNESDAY, 3 MAR 2010
ASSET Super has committed $50 million to invest with secondary market private equity investment firm, LGT Capital.

Military Super reforms under senate scrutiny

RUTH LIEW  |  WEDNESDAY, 3 MAR 2010
The senate is holding an inquiry into military and civilian superannuation reforms proposed by the Federal Government - including the management merger of civilian and military schemes.

Legalsuper member contributions rise

COMPANY RELEASE  |  TUESDAY, 2 MAR 2010
Legalsuper has seen its voluntary member contributions increase by 6 per cent for the previous year - a stark contrast to APRA figures that show contributions plummeting almost 40 per cent across the industry over the same period.

ESI Super targets younger members on advice

RUTH LIEW  |  TUESDAY, 2 MAR 2010
Gen Y super fund members are a fickle lot - a trend ESI Super recognises and is hoping to change by engaging younger members with its new financial planning strategy.

AMIST backs after-tax benchmarking

MICHAEL HOBBS  |  MONDAY, 1 MAR 2010
AMIST Super has become the first super fund to adopt the FTSE ASFA Australia after-tax benchmarks for its Australian equities managers.

State Super Fin Services CIO resigns, takes VIC Super post

MICHELLE BALTAZAR  |  FRIDAY, 26 FEB 2010
The chief investment officer of State Super Financial Services, Oscar Fabian, will be the new CIO of the $7 billion fund VIC Super effective April this year.

Longevity swaps to top £10bn

MICHELLE BALTAZAR  |  THURSDAY, 25 FEB 2010
UK-based pension schemes are wising up to longevity risk with one research firm predicting that the longevity swaps market could more than double this year.

Fees secondary to return: Qantas Super

RUTH LIEW  |  WEDNESDAY, 24 FEB 2010
Super funds should prioritise delivering strong net investment returns over finding ways to cut fees - an issue that has been swept aside as fee debates heat up, said Qantas Super chief executive, Janet Torney.