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Superannuation

First Super refines investment strategy

RUTH LIEW  |  TUESDAY, 10 NOV 2009
The $1.3 billion industry fund First Super takes a pre-emptive move against losses in down markets by restructuring its investment options, including raising its allocation towards defensive assets.

ING wins $1bn employer super book

MICHAEL HOBBS  |  TUESDAY, 10 NOV 2009
ING Australia is transitioning the Legg Mason Corporate Super Mastertrust book, which represents $1 billion in funds under management across 20,000 member accounts, to the firm's Corporate Super suite.

LUCRF widens insurance choice

RUTH LIEW  |  MONDAY, 9 NOV 2009
The $2 billion-plus LUCRF Super has improved its income protection insurance and introduced a range of options that allow members to insure their income for a dollar amount.

Canadian pensions pounce on Aus toll road firm

MICHAEL HOBBS  |  MONDAY, 9 NOV 2009
The Canada Pension Plan and Ontario Teachers' Pension Plan, two of the biggest pension plans in Canada, set its sights on Australian-based toll road owner and operator group, Transurban.

Govt selects Medicare to run national clearinghouse

MICHELLE BALTAZAR  |  FRIDAY, 6 NOV 2009
Industry bodies have welcomed the government's move to provide a free superannuation clearinghouse system for small businesses through Medicare - but questions arise whether the healthcare agency is the right choice or was a rushed decision.

SelectingSuper unveils 2009 top super funds

RUTH LIEW  |  FRIDAY, 6 NOV 2009
SelectingSuper has recognised the industry's finest, with more than 20 of the country's 400-plus super funds making it to this year's awards shortlist.

Mercer wins Equipsuper mandate

RUTH LIEW  |  FRIDAY, 6 NOV 2009
The $4 billion Equipsuper has chosen Mercer to provide member administration services to the fund.

Big tax reforms on way for super: Tsr

ALEX DUNNIN  |  FRIDAY, 6 NOV 2009
Treasurer Wayne Swan has foreshadowed major tax reform to make superannuation fairer is on the way.

LUCRF Super hires new Aussie eq managers

RUTH LIEW  |  THURSDAY, 5 NOV 2009
The $2.2 billion LUCRF Super has appointed JF Capital Partners, Northcape Capital and Perpetual as its new Australian equities managers.

Fidelity, Edinburgh and Sarasin win mandates

COMPANY RELEASE  |  THURSDAY, 5 NOV 2009
The $9.5 billion Western Australia-based GESB has appointed Fidelity, Edinburgh Partners and Sarasin & Partners as new managers in its $2.5 billion international equities portfolio.