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Superannuation

State Super focuses on risk

RUTH LIEW  |  MONDAY, 23 FEB 2009
The $30 billion State Super is focussed on fine-tuning its trustee board's risk detection and management skills to help steer the fund through the global financial crisis.

Infrastructure fund beats downturn

RUTH LIEW  |  MONDAY, 23 FEB 2009
The Private Capital Group's infrastructure fund, which counts heavyweights Sunsuper, Suncorp and BUSS(Q) among its clientele, has defied the market slump to report a 9.6 per cent return over a one year period to 31 December 2008.

National clearing house shake-up

ALEX DUNNIN  |  THURSDAY, 19 FEB 2009
As the government moves closer to firming up its plans for how to deliver its national superannuation clearing house, new models are emerging regarding how it could be done.

Pearce rejects "sloppy" league tables

MICHAEL HOBBS  |  TUESDAY, 17 FEB 2009
Shadow minister for financial services, superannuation and corporate law, Chris Pearce has sided with IFSA in slamming the government's proposed plan to publish superannuation option performance tables.

AUSCOAL appoints $140m mandate

RUTH LIEW  |  MONDAY, 16 FEB 2009
Coal industry fund AUSCOAL Super has awarded LSV Asset Management with a $140 million international equities mandate.

DC plans to axe managers

RUTH LIEW  |  MONDAY, 16 FEB 2009
Two in five defined contribution plan sponsors in the US are expected to replace their underperforming fund managers in 2009, new research shows.

Better insurance for WA LGSP

RUTH LIEW  |  FRIDAY, 13 FEB 2009
The $1.3 billion WA Local Government Super Plan has upgraded its insurance offering by providing automatic default insurance for all uninsured members.

Superfunds on recruitment spree

RUTH LIEW  |  FRIDAY, 13 FEB 2009
As job opportunities in investment banking and funds management dry up, investment professionals should turn their sights on superannuation, with three super funds managing a combined $80 billion on the hunt for the best talent.

Meat fund invests in high growth

RUTH LIEW  |  THURSDAY, 12 FEB 2009
The $529 million Meat Industry Employees Superannuation Fund is defying the super industry's flight to cash when it recently introduced a new "high growth" investment option to members.

GESB plans on hold

MICHAEL HOBBS  |  THURSDAY, 12 FEB 2009
Western Australian public sector super fund, GESB's planned mutualisation process has again been shelved after the local government cited tax and bad financial market concerns.