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Superannuation

Trust in escrow

MICHELLE BALTAZAR  |  MONDAY, 31 AUG 2009
Local instos are busily combing the market for bargain investments following the GFC - but with the threat of counterparty risk looming larger today than in any other point of the current economic cycle, many are snubbing standard contracts in favour ...

UK pensions seek to award $400m mandates

RUTH LIEW  |  MONDAY, 31 AUG 2009
Australian fund managers with international equities expertise should pay attention to three UK pension funds, which are looking to dish out more than $400 million in international shares and index-linked gilts mandates.

Asset completes investment review

COMPANY RELEASE  |  MONDAY, 31 AUG 2009
The $1.1 billion Asset Super has recently completed the last stage of its investment restructuring process, including changes to the fund's cash, international and Australian equities, alternative and international fixed interest mandates.

ISN unveils new industry fund campaign

COMPANY RELEASE  |  MONDAY, 31 AUG 2009
Industry Super Network has embarked on its latest advertising blitz to promote industry super funds - this time with a bigger emphasis on ISF's new logo and a renewed message on the funds acting "only for the benefit of members".

VicSuper sponsors Energise Enterprise

RUTH LIEW  |  FRIDAY, 28 AUG 2009
The $6.1 billion VicSuper is putting its weight behind small Victorian businesses by sponsoring the Energise Enterprise festival for the month of August.

Diversa buys MARF Super

COMPANY RELEASE  |  FRIDAY, 28 AUG 2009
Super administration and investment management house Diversa has entered into an agreement to buy the $37 million retail master trust, Managed Australian Retirement Fund.

Vision and Quadrant to co-invest

RUTH LIEW  |  THURSDAY, 27 AUG 2009
Tasmania's $450 million Quadrant Super is pooling its investments with the $4 billion Vision Super - a move that will see the smaller fund tap bigger investment opportunities through better economies of scale.

Bookmakers Super hit by liquidity issues

COMPANY RELEASES  |  WEDNESDAY, 26 AUG 2009
Bookmakers Superannuation Fund has applied to the regulator to defer redemptions across its balanced investment strategies for a rolling 90-day period due to liquidity issues.

RSL calls for super revamp

MICHAEL HOBBS  |  WEDNESDAY, 26 AUG 2009
The Returned Services League (RSL) is calling for the government to address how it calculates military pensions after an alternative pension index rose by almost double the consumer price index in the first half of this year.

Lutheran Super enters pension market

RUTH LIEW  |  WEDNESDAY, 26 AUG 2009
Corporate fund Lutheran Super has introduced a new account-based pension for its members.