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Superannuation

Add $5,000 to your super: MTAA

RUTH LIEW  |  FRIDAY, 4 DEC 2009
Some funds offer holidays, others hand out Myer vouchers - but MTAA Super is giving one member the chance to boost their savings by $5,000 if they rollover their super into the industry fund.

BNY Mellon apologises for pension mistake

COMPANY RELEASE  |  THURSDAY, 3 DEC 2009
BNY Mellon has apologised to New York City Teachers' Retirement System (TRS) participants after a processing error resulted in the firm pulling funds from their bank accounts.

Consultants should share GFC's blame

RUTH LIEW  |  THURSDAY, 3 DEC 2009
More asset consultants should shoulder the blame for the bad advice that led to poor investment returns during the GFC, said the chief investment officer of First State Super.

GuildSuper cuts fees, boosts insurance

RUTH LIEW  |  TUESDAY, 1 DEC 2009
GuildSuper is introducing a tiered fee structure and lowering fees for members, while upgrading its death and TPD insurance.

Virgin Super eyes SME market

MICHAEL HOBBS  |  TUESDAY, 1 DEC 2009
Virgin Super has gained more than $300 million in funds since launching four years ago and plans to target financial planners specialising in small to medium enterprises (SME) to gain more inflows.

ComSuper faces executive and admin reforms

RUTH LIEW  |  MONDAY, 30 NOV 2009
Government superannuation schemes have not escaped ongoing governance reviews, with the schemes' administrator ComSuper mandated to outsource some of its work to cut taxpayer bill and the 'Commissioner for Superannuation' role dropped in favour of a ...

ESI Super pumps up insurance

COMPANY RELEASE  |  FRIDAY, 27 NOV 2009
The $2.7 billion ESI Super has partnered with Australian Income Protection (AIP) and MLC to offer improved insurance to its 21,000 members.

Clearing house model to be multi competitive: Tsy

ALEX DUNNIN  |  FRIDAY, 27 NOV 2009
Treasury's release of draft legislation for the superannuation clearing house signals that while the government appointed Medicare as the small business clearing house, it expects multiple clearing houses to be operating in the market.

Improving admin could stop fraudsters: SPAA

MICHAEL HOBBS  |  THURSDAY, 26 NOV 2009
Self managed super fund (SMSF) administration processes need to be refined to ensure fraudulent rollover schemes are detected and stopped, according to one industry body.

CSRF rebrands

COMPANY RELEASE  |  THURSDAY, 26 NOV 2009
The $3.2 billion Catholic Superannuation and Retirement Fund has changed its name and logo to Australian Catholic Superannuation & Retirement Fund, representing its Australia-wide membership.