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Superannuation

Rio Tinto seeks super trustees

RUTH LIEW  |  WEDNESDAY, 15 JUL 2009
Corporate super fund Rio Tinto Staff Superannuation Fund is on the hunt for three new directors to join its trustee board.

UniSuper activates fair value clause

RUTH LIEW  |  TUESDAY, 14 JUL 2009
The $21 billion UniSuper has initiated a clause that allows trustees to reduce defined benefit members' benefits - if necessary - following the GFC to provide fair value payments.

Pillar tenders for RBF-TAS deal

RUTH LIEW  |  TUESDAY, 14 JUL 2009
Pillar Administration is tendering to provide administration services to RBF Tasmania, which had $3 billion in funds at the end of June last year.

ASIC lifts restrictions on intra-fund advice

MICHELLE BALTAZAR  |  FRIDAY, 10 JUL 2009
Australians can access superannuation-related financial advice more easily under regulatory changes announced yesterday, but the industry is split between those that believe ASIC's move benefits the public while others predict it's a "disaster in the ...

Super jobs bonanza

RUTH LIEW  |  FRIDAY, 10 JUL 2009
Job opportunities in super is booming with many super funds desperate to hire more admin, client services and investment professionals despite the market downturn.

Cbus CEO wins UN PRI board seat

MICHAEL HOBBS  |  FRIDAY, 10 JUL 2009
Cbus chief executive David Atkin has become the first Australian to be appointed to the United Nations Principles for Responsible Investment (UN PRI) board.

Media Super hires BNP for custody

PRESS RELEASE  |  FRIDAY, 10 JUL 2009
Media Super has appointed BNP Paribas Fund Services Australasia as master custodian.

CitySuper appoints $60m to Wellington

RUTH LIEW  |  THURSDAY, 9 JUL 2009
The $1 billion CitySuper has appointed a $60 million mandate to the Wellington Special Strategies Equity Fund.

LGsuper expands options

RUTH LIEW  |  THURSDAY, 9 JUL 2009
Queensland-based LGsuper joins the growing number of super funds that are keeping pace with members who want more options within their super.

SMSF trustee group closes

MICHAEL HOBBS  |  THURSDAY, 9 JUL 2009
The Self Managed Superannuation Member's Association (SMSMA), which represents the interests of trustees, has closed up shop after launching less than two years ago.