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Superannuation

Adviser recruitment plagues super funds

RUTH LIEW  |  THURSDAY, 12 NOV 2009
One of the major hurdles facing super funds in the post intra-fund advice relief era is attracting and maintaining qualified advisers, said an industry expert.

Retirement worries worse than job loss

RUTH LIEW  |  THURSDAY, 12 NOV 2009
Put aside mortgage worries and losing one's job - Australians are more concerned about having enough money to retire on than keeping the family home and their work, new research by ASFA shows.

Equities could deliver zero returns: JANA

MICHELLE BALTAZAR  |  WEDNESDAY, 11 NOV 2009
JANA's longtime investment expert, Ken Marshman, predicts there's a 25 per cent chance that equities as an asset class will deliver low to zero returns over the next 20 years - a grim reality that should spur trustees to start lowering the risk in their ...

Super about national not personal savings: Morgan

RUTH LIEW  |  WEDNESDAY, 11 NOV 2009
Australia's growing current account deficit will inevitably lead to further policy action to increase national savings and the super industry will play a key role, said David Morgan, former chief executive of Westpac.

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.