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Superannuation

Future still belongs to super

Despite record low returns and plummeting consumer confidence in super, the sector is still on track to grow into a multi-trillion dollar savings pool, just at a slower rate than previously estimated.

The ABC of trustee duty

RUTH LIEW  |  FRIDAY, 27 MAR 2009
A key industry body for superannuation funds, ASFA, has introduced a new education course for super fund trustees looking to improve the governance of their investment process.

In partners we trust

RUTH LIEW  |  FRIDAY, 27 MAR 2009
Acquiring direct investments involves more than just exchanging contracts - super fund investors have to do more that just the requisite due diligence when selecting co-investors in a consortium.

Westpac prizes growth and alternatives

RUTH LIEW  |  FRIDAY, 27 MAR 2009
The $2.5 billion Westpac Staff Super is increasing its growth assets and introducing new defensive investments into three of its main options.

Fin advisers grow First State

RUTH LIEW  |  THURSDAY, 26 MAR 2009
Super fund members are turning to financial advice to review their transition-to-retirement strategies, based on the succesful take up of an adviser service piloted by First State Super last year.

Aus Ethical wins CMSF gong

MICHAEL HOBBS  |  WEDNESDAY, 25 MAR 2009
Australian Ethical Investment's Retail Superannuation fund has won the Conference of Major Super Funds (CMSF) sustainable investment Infinity Award for the second year running.

Super queries drop despite GFC

RUTH LIEW  |  WEDNESDAY, 25 MAR 2009
If you think investors are frantically ringing super fund call centres to ask about their investments, guess again - the number of calls fielded by Pillar Administration has fallen since the start of the GFC, said Peter Beck, the firm's chief executive.

Fry and Watton win AIST Trustee award

RUTH LIEW  |  WEDNESDAY, 25 MAR 2009
Tasplan chairman Doug Fry and Vision Super trustee director Bill Watton are the joint winners of the Australian Institute of Superannuation Trustees (AIST)'s 2009 Trustee of the Year Award.

Not-for-profit super funds reign

RUTH LIEW  |  TUESDAY, 24 MAR 2009
Not-for-profit super funds have consistently beaten retail funds by an average 2.4 per cent per year since 2004 - resulting in some retail funds' members getting around 40 per cent less in their final retirement benefits, new research show.

BT Super for Life hits 100,000 members

MICHAEL HOBBS  |  TUESDAY, 24 MAR 2009
BT Financial Group's BT Super for Life product has broken the 100,000 member mark in just 18 months.