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Superannuation

BT adds oil and gold to super portfolios

MICHAEL HOBBS  |  WEDNESDAY, 13 JAN 2010
In a pivotal stance signalling the importance of oil and gold in superannuation portfolios, BT Financial Group has made key investment changes to its super products to include direct exposure to commodities.

Legalsuper cuts 17 fund managers

MICHAEL HOBBS  |  WEDNESDAY, 13 JAN 2010
Legalsuper overhauled its investment portfolio resulting in 17 fund managers getting the cut and five managers receiving mandates including Colonial First State Global Asset Management, Platinum Asset Management and Solaris Investment Management.

Super funds back trustee pay disclosure

MICHELLE BALTAZAR  |  WEDNESDAY, 16 DEC 2009
Three leading super funds have supported calls for the industry to disclose executive pay the same way listed companies do, following the release of the Cooper report that asked whether super funds should adopt the same corporate governance rules as ...

Planners locked out of SMSFs

MICHAEL HOBBS  |  WEDNESDAY, 16 DEC 2009
A fee-for-service model for SMSFs could result in a segment of financial planners locked out of the fastest growing superannuation sector.

Cooper Review calls for SMSF structure overhaul

MICHAEL HOBBS  |  TUESDAY, 15 DEC 2009
The Cooper Review has challenged the SMSF sector on how it deals with illegal early release schemes, the credentials of accountants and financial planners that offer advice to SMSFs and whether certain financial assets currently allowed should be banned.

Universal model tough to execute

RUTH LIEW  |  TUESDAY, 15 DEC 2009
Disengaged super fund members should go into a 'universal category' with a single diversified investment strategy, according to yesterday's Cooper report - but problems will arise from asset class, transition and choice limitations, argues one expert.

St Hilliers and Cbus target residential property

PRESS RELEASE  |  TUESDAY, 15 DEC 2009
St Hilliers and Cbus subsidiary, Cbus Property, have entered into a joint venture to develop a Sydney residential property for an undisclosed sum.

Members to benefit from standard risk labels: ASFA

MICHELLE BALTAZAR  |  MONDAY, 14 DEC 2009
Many super fund trustees are supporting the idea of applying standardised risk labels to all their member investment choices, a move that will help fund members better understand the risk they take when switching from one option to the next.

ACSI voting service attracts five members

MICHAEL HOBBS  |  MONDAY, 14 DEC 2009
Five superannuation funds are expected to sign on to the Australian Council for Super Investors' (ACSI) Global Proxy Voting Service, which launches next month.

Instos gain carbon footprint data

COMPANY RELEASE  |  MONDAY, 14 DEC 2009
Super funds can compare the carbon footprint of fund managers along with traditional risk factors after one custodian added emission statistics to its service suite.