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Superannuation

Investor knowledge fuels SMSF growth

RUTH LIEW  |  THURSDAY, 22 JAN 2009
The growth of SMSFs is holding steady amid the market downturn, according to the SMSF Professionals' Association of Australia (SPAA).

Legalsuper members favour Aussie shares

RUTH LIEW  |  WEDNESDAY, 21 JAN 2009
Defying the flight to cash, members of the $1 billion dollar legalsuper have increased investments into the fund's S&P/ASX200 option by up to 40 per cent.

LGSS fixes pricing error

RUTH LIEW  |  TUESDAY, 20 JAN 2009
The Local Government Superannuation Scheme has addressed a unit pricing error that occured in the September quarter last year, according to a fund statement.

Rainmaker coverage tops 25,000 options

Rainmaker has just completed a major research expansion, boosting the investment option coverage in its online adviser and super fund web software to a massive 25,000 investment options.

Mercer ups ante in corporate super

MICHELLE BALTAZAR  |  MONDAY, 19 JAN 2009
The $12 billion Mercer Super Trust recruits a top sales exec from Russell and revamps its employer and member-related services to maintain its top spot in the ultra-competitive corporate trust sector.

Insurance still tops: super funds

RUTH LIEW  |  MONDAY, 19 JAN 2009
Enhancing insurance products remains a priority for super funds and their providers in 2009 as government and industry funds re-jig their offerings for better member cover.

AWM consolidates RSE licences

MICHAEL HOBBS  |  FRIDAY, 16 JAN 2009
Australian Wealth Management has rationalised the number of RSE licences it holds, which means Spectrum Super, AustChoice Super, MAP Super and five other super funds will operate under two licences.

SERF to offer "cash" and "balanced" options

RUTH LIEW  |  FRIDAY, 16 JAN 2009
Members of the $1.65 billion Stevedoring Employees Retirement Fund will have access to two new investment options this year.

ASSET Super to review value bias

MICHELLE BALTAZAR  |  WEDNESDAY, 14 JAN 2009
ASSET Super has invested in two new managers, Alleron and Tyndall, and is reviewing the 'slight value bias' of its domestic equities portfolio as part of an in-depth analysis of its overall investment strategy.

NAB Super hands investments to JANA

RUTH LIEW  |  WEDNESDAY, 14 JAN 2009
The $3.1 billion corporate super fund NAB Group Super is starting 2009 with a fresh take on investments by completely outsourcing their investment management to JANA Investment Advisors.