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Superannuation

Better service for new members: REST

COMPANY RELEASE  |  MONDAY, 20 APR 2009
The $13 billion industry fund for the retail sector, REST Super, has launched an upgraded New Member Application Process to improve the fund's initial service to members.

US employees flee pension plans

RUTH LIEW  |  FRIDAY, 17 APR 2009
Up to 60 per cent of US companies are seeing their employees postpone retirement plans and reduce pension plan participation.

Cutting SG a disaster: Keating

RUTH LIEW  |  THURSDAY, 16 APR 2009
Allowing SG to be lowered, even just temporarily to help stimulate the economy, would be an economic disaster, warned former Australian Prime Minister, Paul Keating.

Aviva snaps up Russian pension

COMPANY RELEASE  |  THURSDAY, 16 APR 2009
Aviva plc has bought ING Group's $60 million Russian non-state pension fund business and its holding company.

DB super deficit rises to $25 bn

MICHAEL HOBBS  |  TUESDAY, 14 APR 2009
A Watson Wyatt report found defined benefit superannuation liabilities for listed Australian firms have blown out from around $2 billion to $25 billion over a six-month period to the end 2008.

ESSSuper introduces monthly switching

RUTH LIEW  |  TUESDAY, 14 APR 2009
The $14.6 billion Emergency Services & State Super has increased the frequency of switching rates from a quarterly to monthly starting early this month.

Super your stimulus package

RUTH LIEW  |  THURSDAY, 9 APR 2009
"Boost your super with the Government's $900 handout" is becoming the catchphrase of superannuation funds as they encourage members to pour more into super.

Veljkovic caught for super crimes

ASIC RELEASE  |  THURSDAY, 9 APR 2009
Melbourne man Karl Heinz Veljkovic has been sentenced to two and half years imprisonment in relation to the misuse of superannuation funds.

HOSTPLUS sponsors Gold Coast AFL

MICHAEL HOBBS  |  WEDNESDAY, 8 APR 2009
HOSTPLUS has stepped up its campaign targeting Queenslanders, signing a five -year foundation sponsorship deal with the new AFL Gold Coast Football Club.

BUSS(Q) calls for sub-contractor legislation

COMPANY RELEASE  |  WEDNESDAY, 8 APR 2009
David O'Sullivan, building and construction super fund BUSS(Q)chief executive, is calling on the government to introduce legislation that would force subcontractors to contribute to their superannuation.