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Superannuation

LGS wins green globe award

COMPANY RELEASE  |  WEDNESDAY, 19 AUG 2009
Local Government Super has been awarded the 2009 Commercial Property Green Globe Award.

VicSuper and FSS win AIST scholarships

COMPANY RELEASE  |  WEDNESDAY, 19 AUG 2009
Peter Lunt, executive manager investments at VicSuper and Cristina Cifuentes, trustee director of First State Super, have been named the winners of the 2009 AIST Educational Scholarships.

Active members can cause asset allocation headache

MICHAEL HOBBS  |  MONDAY, 17 AUG 2009
Financial literacy and a push for more Australians to be engaged with superannuation will have a profound effect on super fund asset allocations, said one industry body.

Aon awards mandate to Vanguard

RUTH LIEW  |  MONDAY, 17 AUG 2009
The $1.6 billion Aon Master Trust has appointed Vanguard Investments Australia as its index fund manager, replacing State Street Global Advisors.

Retirees want funds that last a lifetime

MICHELLE BALTAZAR  |  THURSDAY, 13 AUG 2009
Investment products that will be in hot demand in the future, such as lifetime annuities, are in short supply - but not for long.

Seton named fund executive of the year

COMPANY RELEASE  |  THURSDAY, 13 AUG 2009
Michael Seton, chief executive at AGEST, has won the Fund Executive Association Limited (FEAL) Fund Executive of the Year.

Liquidity problem in unlisted assets overstated: RWA

ALEX DUNNIN  |  THURSDAY, 13 AUG 2009
Liquidity is not a problem for most funds with high weightings to unlisted assets because they are protected by strong positive cashflows and most members are in the diversified default option.

ESSSuper reviews Aussie eq, eyes alternatives

RUTH LIEW  |  THURSDAY, 13 AUG 2009
The $14.6 billion Emergency Services & State Super has slashed its exposure to Australian equities by 10 per cent and is considering tapping timber and commodity investments this new financial year.

Funds resist SG "me too" pension scheme

MICHELLE BALTAZAR  |  WEDNESDAY, 12 AUG 2009
Majority of pension funds in the UK and Europe said that a contribution rate of 8 per cent on a proposed national pension scheme will not really help workers in the low to middle income groups, a new survey found.

State Super members hungry for advice

RUTH LIEW  |  WEDNESDAY, 12 AUG 2009
More than two out of five members of the $29 billion State Super have sought financial planning advice in the last two years, the fund's membership survey shows.