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Superannuation

Downturn presents brand opportunity

MICHAEL HOBBS  |  FRIDAY, 31 JUL 2009
Super funds have the power to restore public confidence in superannuation, which quickly eroded after the GFC, by investing more on their brands, said the marketing firm behind the successful 'Kevin 07'campaign.

Sunsuper extends planning service

MICHAEL HOBBS  |  THURSDAY, 30 JUL 2009
Sunsuper has upgraded the fund's financial planning capability with On Track, a program which provides tailored on-going financial advice for members for free if the member has all their super in the fund.

UK pension and fundies to drive long-termism

MICHELLE BALTAZAR  |  WEDNESDAY, 29 JUL 2009
UK pension funds and fund managers risk falling foul of their regulators if they don't "mandate" the companies they invest in to focus on long-term shareholder value, according to the Walker Review.

TGM wins Asset Super mandate

RUTH LIEW  |  WEDNESDAY, 29 JUL 2009
Tactical Global Management has been awarded a mandate to manage the $1.1 billion Asset Super's currency overlay for its international equities and alternatives portfolios.

IAG & NRMA fund rejigs insurance

RUTH LIEW  |  WEDNESDAY, 29 JUL 2009
The IAG & NRMA Superannuation Plan has re-appointed CommInsure as its insurer, repriced its insurance premiums and is boosting social, environmental and corporate governance strategies following its signing of the UN PRI.

Cuscal partners with Payment Adviser

COMPANY RELEASE  |  WEDNESDAY, 29 JUL 2009
Cuscal and Payment Adviser have partnered to provide 2 million small to medium sized enterprises (SMEs) with a superannuation transaction service that will cut costs and make it easier to make employee payments.

Retirement adequacy beats market slump

MICHELLE BALTAZAR AND RUTH LIEW  |  TUESDAY, 28 JUL 2009
Compulsory super and the long-term nature of retirement strategies are among the reasons why for many Australians, last year's financial crisis was a mere blip in their future retirement income, research shows.

CalPERS portfolio drops 23pc

COMPANY RELEASE  |  TUESDAY, 28 JUL 2009
The value of the California Public Employees' Retirement System (CalPERS) assets dropped more than 23 per cent to $220 billion in a year to June, the fund's most radical drop in valuations in a single year.

SMSF intl equities allocation halves

MICHAEL HOBBS  |  TUESDAY, 28 JUL 2009
Self managed super fund (SMSF) allocations to international shares has almost halved over a one and a half year period.

NFP super beats retail over 10 yrs

Not for profit superannuation funds outperformed retail master trusts by more than 2 per cent per year in the past 10 years, new research found.