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Superannuation

Industry unites for super message

MICHAEL HOBBS  |  WEDNESDAY, 4 FEB 2009
With the public set to receive their super statements next month, nine financial services industry bodies made the unprecedented move to join forces and deliver a single message to investors and retirees.

UK govt to introduce personal accounts scheme

COMPANY RELEASE  |  TUESDAY, 3 FEB 2009
London-based Datamonitor is urging pension providers to talk to existing clients about the impact of the impending Personal Accounts legislation.

Future Fund posts 6pc loss

RUTH LIEW  |  MONDAY, 2 FEB 2009
The Federal Government's Future Fund suffered a 5.86 per cent loss for the quarter and reduced its $31 billion cash holding by 10 per cent, according to its latest portfolio update.

Cycling for charity: Quadrant

RUTH LIEW  |  FRIDAY, 30 JAN 2009
Are you up for a 100km bicycle ride from Port Arthur to Hobart to help young people with problems kick their addictions? For Quadrant Super, riding for charity is a breeze.

Capping fees is not the answer

MICHELLE BALTAZAR  |  FRIDAY, 30 JAN 2009
Senator Nick Sherry may be very vocal about the need to slash superannuation fees from an average 1.25 per cent to below one per cent but he said legislating a fees cap is out of the question.

Trustee survey reveals top asset classes

RUTH LIEW  |  THURSDAY, 29 JAN 2009
Infrastructure, private equity and commodities are going to be the most preferred asset classes this year, according to a trustee survey released this week.

Ex-Victoria Premier joins Cbus

RUTH LIEW  |  THURSDAY, 29 JAN 2009
The previous Premier of Victoria, Steve Bracks, has been appointed chairperson of the $12.6 billion industry super fund, Cbus.

Unilever Super seeks super provider

RUTH LIEW  |  WEDNESDAY, 28 JAN 2009
The $240 million corporate super fund Unilever Super is looking to completely outsource its superannuation functions to a single super provider as soon as mid-2009.

ESI Super adds vanilla cash option

MICHAEL HOBBS  |  TUESDAY, 27 JAN 2009
The Electricity Supply Industry Superannuation (ESI Super) has introduced another lower risk cash option for its members.

CareSuper reopens cap guarantee

RUTH LIEW  |  FRIDAY, 23 JAN 2009
CareSuper has reopened the doors of its capital guaranteed option after a three-month freeze when its underlying manager AMP closed it to new investments.