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Superannuation

Investment mandates to factor climate change

MICHAEL HOBBS  |  FRIDAY, 20 MAR 2009
Nine out of ten major super funds have changed or plan to review their investment mandates to reflect climate change issues, a survey found.

Tasplan axes $280m State Street mandate

RUTH LIEW  |  FRIDAY, 20 MAR 2009
The $1 billion Tasmanian industry fund Tasplan has withdrawn a $280 million in fixed interest and cash mandates with State Street and pumped a combined $275 million into Colonial First State and Vanguard.

NAB Super fine-tunes investment choice

RUTH LIEW  |  FRIDAY, 20 MAR 2009
NAB Group Superannuation Fund increases the flexibility of its investment choice options by introducing a new system that allows switches to be made within percentage multiples of 1 per cent, as opposed to the previous 10 per cent allowance.

REST activates growth strategy

RUTH LIEW  |  FRIDAY, 20 MAR 2009
The $13 billion REST Superannuation fund has made a radical change to its growth and defensive asset allocation split - jumping from 67/33 to today's 78/22 in less than 9 months.

OAMPS moves to tiered fee model

RUTH LIEW  |  THURSDAY, 19 MAR 2009
The $223 million OAMPS Super has slashed its overall fees and implemented a new "tiered" structure that lowers fees as the balance of members' super accounts grow.

Battle of the super brands

RUTH LIEW  |  THURSDAY, 19 MAR 2009
Colonial First State, MLC, AMP and Industry Super Funds - how have they fared in their latest advertising blitz? According to brandmanagement, getting the right message to investors has opened opportunities for certain funds to win a massive new client ...

BUSS(Q) buys Aussie equities

RUTH LIEW AND MICHAEL HOBBS  |  WEDNESDAY, 18 MAR 2009
The $1.5 billion building industry fund BUSS(Q) is topping up its Aussie equities mandates as early as next month in a bid to shore up on cheap stocks in the market.

Legalsuper members make a choice

RUTH LIEW  |  WEDNESDAY, 18 MAR 2009
More than half of the $1 billion industry fund legalsuper's members are taking charge of their investment choice - a strong sign that informed members are increasingly voicing their opinions on how their super should be run.

NGS Super targets female fin lit

MICHAEL HOBBS  |  WEDNESDAY, 18 MAR 2009
NGS Super has revamped its website targeting female members as part of its financial literacy campaign.

Higher fees, more cover: AustralianSuper

RUTH LIEW  |  TUESDAY, 17 MAR 2009
One of the country's largest super funds, AustralianSuper, is raising its admin fees by 50 per cent and is broadening its insurance cover, all in a bid to improve member services.