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Superannuation

SRI super option blitzes market

MICHAEL HOBBS  |  WEDNESDAY, 9 SEP 2009
AustralianSuper's Australian Sustainable Shares option has posted a net return of more than 26 per cent over the six months to June, more than double the fund's Australian shares option.

Revamp member education: Ezra

MICHAEL HOBBS  |  TUESDAY, 8 SEP 2009
Super fund member education needs to be overhauled and focus on basic financial concepts instead of investment theories, said Don Ezra, co-chair, global consulting at Russell Investments.

Lucky country

MICHAEL HOBBS  |  TUESDAY, 8 SEP 2009
Australian superannuation and sovereign fund assets grew over 14 per cent p.a. in local currency terms in the past five years, posting the highest growth in assets than any other country, research shows.

Lady luck to blame for finances: survey

COMPANY RELEASE  |  MONDAY, 7 SEP 2009
A Sunsuper member survey has found a quarter of respondents blame bad luck as the main reason for their money problems.

Mercer wins ANZ Staff Super mandate

RUTH LIEW  |  MONDAY, 7 SEP 2009
The $2 billion ANZ Australian Staff Superannuation Scheme has dropped Russell Employee Benefits for Mercer as its administration provider.

More info on super, please

RUTH LIEW  |  FRIDAY, 4 SEP 2009
Current economic events and the best super tax strategies are two of the top issues super fund members want to know more about, according to one industry fund.

Super funds to take the reins off bond managers

MICHAEL HOBBS  |  THURSDAY, 3 SEP 2009
Fixed income mandates will no longer be as prescriptive as they used to be as more super funds give bond managers more leeway to invest outside traditional benchmarks.

MAP Super seeks alternatives, hires Bennelong

RUTH LIEW  |  THURSDAY, 3 SEP 2009
MAP Super is boosting its diversification strategy by tapping alternatives such as private equity and hedge funds, and has hired Bennelong Funds Management as a new investment manager.

MAP partners with Heritage Building Society

RUTH LIEW  |  THURSDAY, 3 SEP 2009
MAP Funds Management has formed a strategic partnership with Heritage Building Society that will see MAP provide Heritage with superannuation investment products and financial planning services.

Maritime awards $155m to equities managers

MICHAEL HOBBS  |  WEDNESDAY, 2 SEP 2009
Maritime Super's review of its Australian and international equities managers has resulted in Northcape Capital, T. Rowe Price and Ironbridge picking up investment mandates - but two existing fund managers have been dropped.