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Superannuation

Mandates for commodities and EM managers

RUTH LIEW  |  FRIDAY, 23 OCT 2009
Commodities and emerging market managers, take heed - two pension funds are looking to spend on multi-million dollar mandates to tap investments in these sectors.

Health Super supports nursing awards

RUTH LIEW  |  FRIDAY, 23 OCT 2009
In another example of an industry fund getting involved with the sector it represents, the $7.6 billion Health Super is working in conjunction with Deakin University to support the 2009 Leadership in Nursing and Midwifery awards.

Wesfarmers decision a win for ESG

COMPANY RELEASE  |  FRIDAY, 23 OCT 2009
In a win for listed company engagement, Wesfarmers has decided to find other sources of a mineral from outside a region with a questionable human rights record after engagement from institutional investors including Christian Super.

Unlisted assets should be limited: IFSA

ALEX DUNNIN  |  FRIDAY, 23 OCT 2009
The Investment and Financial Services Association (IFSA) said to protect liquidity, super funds should have limits on how many illiquid investments they can hold.

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.