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Superannuation

Infrastructure still key to returns

RUTH LIEW  |  WEDNESDAY, 10 DEC 2008
Industry super funds' appetite for unlisted infrastructure assets will not wane despite the financial crisis because the sector's investment nature aligns closely with the funds' long term goals, said David Whiteley from the Industry Super Network.

Christian Super wins top sustainability gong

MICHAEL HOBBS  |  TUESDAY, 9 DEC 2008
Christian Super has been named this year's Sustainable Super Fund of the Year.

Pensions deficit hits US firms

MICHAEL HOBBS  |  TUESDAY, 9 DEC 2008
Mega US companies must reassess their risk management strategy and revise profit expectations after pension plans losses turn a $90 billion surplus into a $420 billion deficit, according to Mercer.

Right to choice must balance costs of choosing

ALEX DUNNIN  |  TUESDAY, 9 DEC 2008
Choice is important but not if it imposes too many administration costs or forces people who don't want to choose to make un-informed choices.

Pengana wins $50m Auscoal mandate

RUTH LIEW  |  TUESDAY, 9 DEC 2008
The $4.6 billion industry fund Auscoal Super has appointed a $50 million mandate with Pengana Capital.

No fee rises until 2011: Hostplus

RUTH LIEW  |  TUESDAY, 9 DEC 2008
Hostplus is taking a lead in the race to low fees - the $7 billion industry fund has placed a moratorium on raising its member fee for its core and personal products for at least the next two years.

Indigenous Australians get fin lit boost

RUTH LIEW  |  TUESDAY, 9 DEC 2008
Senator Nick Sherry, minister for superannuation and corporate law, is meeting with Indigenous leaders and service providers in Far North Queensland and the Northern Territory to heighten residents' awareness of super and financial literacy.

Calls to cut super contribs fails to get traction

ALEX DUNNIN  |  MONDAY, 8 DEC 2008
Simplistically rejecting the idea of temporarily cutting super contributions misses the big opportunity - putting superannuation into the economic frontline and making it part of our monetary policy heavy artillery.

Govt targets judge's super

ALEX DUNNIN  |  MONDAY, 8 DEC 2008
The Government might have rejected a call to let employers swap employer contributions for extra take-home wages as a short term fiscal stimulus, but it hasn't stopped them threatening to slash non-contributory super paid to new judges.

What a member wants

Threats to superannuation discussed as mere theories only 18 months ago are now real - a turn of events that should encourage debate on whether super fund members should be treated as 'investors' or 'fund beneficiaries', said a governance expert.