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Superannuation

REST to allocate more active Aussie eq mandates

RUTH LIEW  |  TUESDAY, 21 JUL 2009
Active Aussie equities managers will continue to win mandates with the $14 billion REST Super as the fund said it was sticking with its active manager core, despite several other big industry funds allocating bigger mandates to passive managers.

ABCs of super still confusing: Suncorp

RUTH LIEW  |  TUESDAY, 21 JUL 2009
Do you know your TTR from your MER? Apparently not for many Australians who still struggle with basic superannuation terms, new research shows.

IFS adds three super funds

MICHAEL HOBBS  |  TUESDAY, 21 JUL 2009
Industry Funds Services (IFS) has added the Sisters of Mercy Staff Superannuation, AUST(Q) and CONNECT Super to its client list.

NZ Super takes mandates in-house

MICHAEL HOBBS  |  MONDAY, 20 JUL 2009
The New Zealand Superannuation Fund is dropping investment mandates with ING and Smartshares and taking them in-house.

GFC spurs DB plans commitment

RUTH LIEW  |  MONDAY, 20 JUL 2009
If you think the GFC had pushed pension funds away from defined benefit plans, think again - more than 70 per cent of fund executives have no intention of changing their DB plan structures.

Shareholder activism misses the mark

MICHAEL HOBBS  |  MONDAY, 20 JUL 2009
Super fund and investment manager activism against listed company boards is misdirected, according to a corporate governance expert.

Scoring goals with LUCRF Super

RUTH LIEW  |  FRIDAY, 17 JUL 2009
The $2 billion LUCRF Super has formed a partnership with the Australian Professional Footballers' Association that will see the fund provide superannuation services to PFA members.

Local funds won't follow CalPERS lawsuit

RUTH LIEW  |  THURSDAY, 16 JUL 2009
One of the US' biggest pension funds, the $223 billion CalPERS, has filed a lawsuit against three of the world's most powerful rating agencies to claw back some of its losses from the GFC, but local super funds look unlikely to follow suit.

Look past asset classes: Weaven

RUTH LIEW  |  THURSDAY, 16 JUL 2009
The time has come for institutional investors to look past asset classes and seek good value assets with robust revenue streams when implementing their post-GFC investment strategy, said Garry Weaven, chair of Industry Funds Management.

Push for redemption freeze lifts: PASL

COMPANY RELEASE  |  WEDNESDAY, 15 JUL 2009
Super fund trustees should not be afraid to challenge redemption freezes and question the validity of the Responsible Entity model if it's in their members' interests, said Professional Associations Superannuation Fund (PASL).