Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Superannuation

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.

QSuper selects SuperChoice

MICHAEL HOBBS  |  WEDNESDAY, 12 AUG 2009
The $24 billion QSuper appointed SuperChoice to enhance the fund's processing capabilities and assist members making contributions when they leave the public sector.

ISN to APRA: get on with it

APRA should get on with publishing its 'whole of fund' returns league tables, said the Industry Super Network (ISN).

Rio Tinto fund tightens buy/sell spread

RUTH LIEW  |  TUESDAY, 11 AUG 2009
The Rio Tinto Staff Superannuation Fund has decreased the buy/sell spreads to all of its investment options by 20 per cent, following an annual review.

YMCA fund introduces fixed interest

RUTH LIEW  |  MONDAY, 10 AUG 2009
The Australian YMCA Superannuation Fund has unveiled a new fixed income strategy for members, after having only a growth strategy as its default option.

Christian Super takes $30m cash strategy in-house

MICHAEL HOBBS  |  FRIDAY, 7 AUG 2009
Christian Super has pulled its $30 million cash mandate out of an external fund manager after the number of members invested in its cash option spiked from 0.5 to 8 per cent of its entire membership base.

ASIC cracks down on MIS scammer

ASIC RELEASE  |  FRIDAY, 7 AUG 2009
ASIC has turned its attention on a managed investment scheme (MIS) operator, James Kentwell Lovell, who allegedly fleeced $7.9 million from 200 investors, including self-managed super funds.