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Superannuation

Super funds reject calls to cut super contrib

ALEX DUNNIN  |  MONDAY, 8 DEC 2008
A group of economists are proposing that employer super contributions should be cut from 9 to 6 per cent with the extra money going to employees as take-home pay, a recommendation rejected by superannuation interest groups.

AvSuper unlikely to follow govt fund mergers

MICHAEL HOBBS  |  FRIDAY, 5 DEC 2008
AvSuper has sought to clarify the fund is not a government super fund after receiving phone calls from members regarding the government's move to merge three government super funds to form a single trustee board.

Daily unit pricing not the answer: Henaghan

RUTH LIEW  |  THURSDAY, 4 DEC 2008
Pricing assets daily is counter intuitive to a super fund's aim of generating long term returns, according to Sean Henaghan from AMP Capital Investors.

PASL names trustee director

MICHAEL HOBBS  |  THURSDAY, 4 DEC 2008
Trustee company PASL has appointed former Accountants Super national sales manager, Ian Chisholm as trustee director for a six year term.

Super funds fight for human rights

RUTH LIEW  |  THURSDAY, 4 DEC 2008
Can super funds join forces to stop human rights abuses, improve the lives and rights of hundreds of people in just over a year? According to four Swedish pension funds, nothing is impossible.

VFMC unveils 2009 strategies

RUTH LIEW  |  WEDNESDAY, 3 DEC 2008
The $36 billion Victorian Funds Management Corporation is aiming to outperform its benchmark by 100 basis points through a combination of vanilla style derivatives, opportunistic trades and improved internal and external capabilities.

Super funds eye cash

RUTH LIEW  |  TUESDAY, 2 DEC 2008
While fund managers are now slowly testing the waters of the equity markets, leading super funds are still putting their money in cash on the back of investor demand.

HOST-PLUS drops five-day rule

MICHAEL HOBBS  |  TUESDAY, 2 DEC 2008
HOST-PLUS has removed the five-day investment switching rule so members can change investment options on the last day of each month and be moved into that strategy the next day.

Nominations open for inaugural ACSA awards

COMPANY RELEASE  |  MONDAY, 1 DEC 2008
The Australian Custodial Services Association (ACSA) has launched a new range of industry awards to acknowledge outstanding contributors to the Australian custody and investment administration industry.

Lay-by age pension to plug savings gap

MICHELLE BALTAZAR  |  MONDAY, 1 DEC 2008
Superannuation experts say it's time to adopt fresh thinking on how to supplement retirement savings and are calling on the government to support Lay-by style Age Pension and 'longevity insurance' products.