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Superannuation

Western Financial wins Water Corp Super mandate

RUTH LIEW  |  WEDNESDAY, 17 FEB 2010
Water Corporation Superannuation Plan has appointed Western Financial to provide its members with financial advice services.

FuturePlus operations head in shock exit

MICHELLE BALTAZAR  |  MONDAY, 15 FEB 2010
The operations head at FuturePlus, Bob Biancardi, left the firm last Friday amid tensions between its two owners, LGSS and EISS, the two multi-billion dollar government funds currently locked in a power struggle.

AustralianSuper wins $650m Elders mandate

RUTH LIEW  |  MONDAY, 15 FEB 2010
AustralianSuper has won a $650 million and 12,500 member-strong corporate super mandate from Elders - making the transfer one of the largest of its kind in Australian corporate superannuation history.

Women on top of SMSFs

RUTH LIEW  |  FRIDAY, 12 FEB 2010
SMSFs are meeting two of the Government's top goals in super - getting more members to take an active role in their retirement savings and getting more women involved, argue industry experts.

Qantas Super hunts for member services head

RUTH LIEW  |  FRIDAY, 12 FEB 2010
One of the largest corporate funds in Australia, the $5.5 billion Qantas Superannuation Plan, is on the lookout for a new head of member services.

Norway pension enlists RI researcher

PRESS RELEASE  |  FRIDAY, 12 FEB 2010
The $430 billion Norwegian Government Pension fund has selected European responsible investment house, GES Investment Services, to screen its fixed income and equities portfolios for tobacco and weapons criteria.

NZ Super axes AXA Rosenberg mandates

MICHELLE BALTAZAR  |  THURSDAY, 11 FEB 2010
New Zealand's sovereign fund withdrew two long-standing mandates with AXA Rosenberg.

Contribs rate during GFC still 23 pct

ALEX DUNNIN  |  THURSDAY, 11 FEB 2010
Super contributions contracted only 5 per cent during the 2008-09 global financial crisis to $112 billion, leaving total contributions still at a high 23 per cent of total national wages or two-and-a-half times the SG rate, according to latest figures ...

Clearing house legislation reaches Parliament

MEDIA RELEASE  |  THURSDAY, 11 FEB 2010
The government inches closer towards delivering on its election promise to help small businesses by changing the rules around the processing of superannuation contributions.

ESI Super goes public

RUTH LIEW  |  THURSDAY, 11 FEB 2010
The multi-billion dollar ESI Super ushers 2010 as a public offer fund.