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Superannuation

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.

CommBank Officers Super shuts property option

RUTH LIEW  |  WEDNESDAY, 26 AUG 2009
The $6 billion Commonwealth Bank Officers' Superannuation Fund is closing down its property option due to diversification and liquidity issues.

MasterSuper opens doors to all

RUTH LIEW  |  TUESDAY, 25 AUG 2009
The $570 million corporate superannuation fund MasterSuper has gone public offer to grow its membership base.

SMSFs miss Asian equities boom

RUTH LIEW  |  MONDAY, 24 AUG 2009
Australia's $326 billion self-managed super funds may be the fastest growing super fund sector to date, but research shows they are missing out on the Asian equities boom with their negligible exposure to international equities.

City Super adopts weekly unit pricing

RUTH LIEW  |  MONDAY, 24 AUG 2009
The $1.1 billion Brisbane-based City Super is now using weekly unit pricing to determine the value of members' investments - a shift away from its previous monthly declared rates.

UN PRI names de-listed signatories

COMPANY RELEASE  |  MONDAY, 24 AUG 2009
The United Nations Principles for Responsible Investment (UN PRI) has named the five de-listed signatories, which includes an Australian firm.

Caveat to APRA data: ASFA

ASFA MEDIA STATEMENT  |  FRIDAY, 21 AUG 2009
Super fund returns data released by the Australian Prudential Regulation Authority yesterday are of "very limited assistance" to consumers, said industry body ASFA.