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Superannuation

No flight to cash at Equipsuper

RUTH LIEW  |  WEDNESDAY, 20 MAY 2009
Majority of Equipsuper's members did not switch from equities to the cash option despite the heavy falls in the sharemarket last year, said the fund's chief executive.

Trustees hot on ESG course

MICHAEL HOBBS  |  TUESDAY, 19 MAY 2009
Around 50 superannuation trustees completed the inaugural Australian Institute Superannuation Trustees (AIST) environmental, social and governance (ESG) course for super fund trustees.

LGS trust deed to drive "fair value" payments

RUTH LIEW  |  TUESDAY, 19 MAY 2009
The $4.6 billion Local Government Super (LGS) has changed its trust deed - allowing the fund to temporarily suspend striking unit prices - to ensure that exiting members get a correct payout value despite volatile markets.

Super concession cuts were overdue

ALEX DUNNIN  |  MONDAY, 18 MAY 2009
Cuts to superannuation tax concessions are signs of things to come as the government gets on with a program it says will restore fairness to the system.

Cavendish slashes SMSF starting fees

RUTH LIEW  |  MONDAY, 18 MAY 2009
Cavendish Superannuation has axed 30 per cent off the establishment fees of new self-managed super funds - easing the cost for financial advisers with clients looking to set up SMSFs.

Pension age lift under fire

ALEX DUNNIN  |  FRIDAY, 15 MAY 2009
When the Rudd government announced it wants all students under age 20 to stay in education unless they find a job, hardly anyone complained. But its announcement to marginally lift the pension preservation age is creating a furore.

Plain English works best: Suncorp

MICHELLE BALTAZAR  |  THURSDAY, 14 MAY 2009
Suncorp Wealth Management has overhauled its communication strategy to help members better understand super, starting with a new communications guide for internal staff and a "re-write" of at least 100 types of letters it sends to members each year.

Australian Ethical sponsors art prize

RUTH LIEW  |  THURSDAY, 14 MAY 2009
Are you the next Rembrandt or Andy Warhol? Australian Ethical is sponsoring the Australian Ethical Art Prize - a competition open to all artists.

Super escapes budget knives

ALEX DUNNIN  |  WEDNESDAY, 13 MAY 2009
Generally positive reactions by wealth managers to the second Rudd-Swan federal budget indicate the industry increasingly knows its place in the political landscape.

TRIS creates confusion: Partners

COMPANY RELEASE  |  TUESDAY, 12 MAY 2009
The introduction of Transition to Retirement Income Streams (TRIS) created more "early access" traps, according to Partners Superannuation Services.