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Superannuation

Super saved the economy

MEDIA RELEASE  |  THURSDAY, 22 OCT 2009
Superannuation helped Australia avoid a recession, with new research from ASFA showing the country's Gross Domestic Product would have been 1.8 per cent lower in June 2008 without the super system.

Ignorance is not financial bliss: Fidelity

MICHELLE BALTAZAR  |  WEDNESDAY, 21 OCT 2009
Nine out of 10 investors in the US fail to understand the full benefits of using a type of individual retirement account (Ira), called the Roth Ira, and the lack of knowledge is costing them a lot of retirement money, a new study found.

FPs and accountants at odds on SMSF strategies

MICHAEL HOBBS  |  TUESDAY, 20 OCT 2009
Financial planners are almost three times as likely than accountants to place self managed super fund (SMSF) clients on a platform, highlighting key differences in how the two professions are dealing with this booming market segment.

Forward unit pricing at Asset

RUTH LIEW  |  TUESDAY, 20 OCT 2009
The $1.1 billion Asset Super is adopting a "forward pricing" investment switching procedure - a move that will help the fund combat and prevent market arbitrage.

Trustee board shake-up overdue

MICHELLE BALTAZAR  |  MONDAY, 19 OCT 2009
The way super funds appoint their trustee boards and disclose boardroom decisions such as investment strategy and pay are starting to look out-of-date and out-of-touch as more super funds become open to the public, said a superannuation expert.

Quadrant wins marketing gong

RUTH LIEW  |  MONDAY, 19 OCT 2009
The $450 million Quadrant Super has won an Australian Marketing Institute Award for marketing excellence in Tasmania.

OAMPS signs on Money Solutions

RUTH LIEW  |  FRIDAY, 16 OCT 2009
Retail super fund OAMPS Super has appointed Money Solutions as its financial advice provider.

Small caps and Asia on Auscoal radar

RUTH LIEW  |  FRIDAY, 16 OCT 2009
The $4.4 billion Auscoal Super is eyeing small caps and Asia as key international equities segments that currently present the most investment opportunities.

HESTA pays managers after tax

COMPANY RELEASE  |  THURSDAY, 15 OCT 2009
The $13 billion HESTA is taking a new approach to measuring and remunerating Aussie equities fund managers by making them accountable for the tax implications of their decisions.

Maritime Super lowers IP premiums

MICHAEL HOBBS  |  THURSDAY, 15 OCT 2009
Maritime Super has negotiated lower premiums on the income protection insurance for the 4,800 Stevedoring members.