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Superannuation

Local Govt Super overhauls intl eq, Aus equities next

RUTH LIEW  |  TUESDAY, 12 MAY 2009
Local Government Super has changed the manager line up of its $990 million international equities portfolio to suit a "core and satellite" approach, and it plans to do the same with its $1 billion Australian equities portfolio next.

Fee disclosure for intermediaries: CalPERS

RUTH LIEW  |  MONDAY, 11 MAY 2009
The $230 billion CalPERS is forging ahead with its investment transparency overhaul when it proposed a new policy for the disclosure of "placement agents" brokering new business and fees paid to them.

Govt continues to target high income HHs

ALEX DUNNIN  |  FRIDAY, 8 MAY 2009
Speculation the government will cut back the health insurance rebate for high income earners lends weight to where it might wield the superannuation axe.

Sunsuper upgrades retirement program

MICHAEL HOBBS  |  FRIDAY, 8 MAY 2009
Sunsuper, a fund that more than doubled in pension members during the 2007/08 financial year, has launched a pension product with an asset allocation that reflects post-retirement investor needs.

HOSTPLUS and AUSCOAL are top employers: survey

COMPANY RELEASE  |  THURSDAY, 7 MAY 2009
HOSTPLUS and AUSCOAL Super have emerged as among the "Top 50 Best Companies to Work For" in Australia, a survey shows.

Media Super pushes into equities

MICHAEL HOBBS  |  WEDNESDAY, 6 MAY 2009
The $2 billion Media Super is starting to feed money back into Australian equities, searching for a chief investment officer and finalising a new group insurance contract.

Refine board succession: AIST

MICHAEL HOBBS  |  WEDNESDAY, 6 MAY 2009
Industry, corporate and public sector super funds must improve their board succession strategy to ensure the funds continue to operate effectively, according to a new survey.

Mercer wins NGS Super mandate

RUTH LIEW  |  WEDNESDAY, 6 MAY 2009
The $2.6 billion industry super fund NGS Super has appointed Mercer as its administrator and financial advice provider to its members.

Aon welcomes insurance transfers

RUTH LIEW  |  TUESDAY, 5 MAY 2009
The $1.6 billion Aon Master Trust is ramping up its insurance initiatives when it recently offered its existing members insurance transfers with no health evidence required.

ANZ Super reviews trustees

RUTH LIEW  |  MONDAY, 4 MAY 2009
The $1.7 billion ANZ Staff Superannuation Scheme is on the hunt for trustees to join its board - a move that echoes Westpac Staff Super's recent call for members to elect two directors to its own board.