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Superannuation

LUCRF goes live with Bluedoor

COMPANY RELEASE  |  THURSDAY, 28 MAY 2009
The $2 billion LUCRF Super has gone live with its new administration platform, Bluedoor.

Fed's unfunded liabilities balloon to $80bn

ALEX DUNNIN  |  THURSDAY, 28 MAY 2009
Federal unfunded superannuation liabilities have jumped 75 per cent in less than a decade, putting pressure on the government's Future Fund strategy to contain the fiscal blow out.

Ten years is too short: CBI

RUTH LIEW  |  WEDNESDAY, 27 MAY 2009
The UK's pension regulator should investigate the funding plans of companies where deficit repayments will take more than 15 years, rather than the current ten, said a key industry body.

ESSSuper closes Cash Plus option

RUTH LIEW  |  WEDNESDAY, 27 MAY 2009
The $14 billion Emergency Services & State Super has closed the doors of its cash plus strategy six months after the introduction of its pure cash option.

Raise SG to 15 pc: report

MICHAEL HOBBS  |  TUESDAY, 26 MAY 2009
A survey found that seven out of 10 working Australians believe that their Superannuation Guarantee (SG) contributions should be raised to 15 per cent, lending support to industry associations that have long lobbied for higher SG.

NAB Super introduces binding death benefits

RUTH LIEW  |  TUESDAY, 26 MAY 2009
Members of the $3.1 billion corporate fund NAB Group Superannuation Fund can now apply for binding death benefit nominations.

Unions attack retirement age change

ALEX DUNNIN  |  MONDAY, 25 MAY 2009
Just as leading Unions have stepped up their battle against lifting the retirement age, the government has been forced to dismiss their claims for special rules for manual workers labelling them unfair.

Maritime merger saves $1m

MICHAEL HOBBS  |  FRIDAY, 22 MAY 2009
Maritime Super may be able to save more than $1 million in administrative costs as a result of the merger in March, according to initial estimates.

LGsuper members satisfied with fund

RUTH LIEW  |  FRIDAY, 22 MAY 2009
Members of the $3.7 billion Queensland local government fund LGsuper have given the super fund two thumbs up for its products and services.

VicSuper seeds $150m low carb fund

MICHELLE BALTAZAR  |  THURSDAY, 21 MAY 2009
Super fund VicSuper continues to take the front step in addressing the global carbon emissions challenge when it awarded Vanguard an initial $150 million mandate to invest in stocks that generate the same returns as the market but with half the carbon ...