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Superannuation

Super funds are not 'blameless'

MICHAEL HOBBS  |  THURSDAY, 25 SEP 2008
Super funds should take a closer look at their own role in the current capital market crisis and reassess their governance standards instead of blaming other firms, according to Donald MacDonald, BT Pension Fund trustee and UK PRI chair.

ESG buck stops with super

MICHAEL HOBBS  |  THURSDAY, 25 SEP 2008
Better and broader environmental, social and governance (ESG) research will occur when the major players high on the 'supply chain' such as super funds demand it, according to John Coombe, JANA executive director.

NAB Super ups employer contribution

RUTH LIEW  |  WEDNESDAY, 24 SEP 2008
NAB Super is increasing its employer contribution from 9.9 to 10 per cent from 1 October.

Nestle shuffles asset allocations

RUTH LIEW  |  WEDNESDAY, 24 SEP 2008
Corporate fund Nestle Australia Group Superannuation Fund has revised the asset allocations of its conservative and high growth options following a review of its investment structure.

Less claims, more benefits: ANZ Super

RUTH LIEW  |  MONDAY, 22 SEP 2008
ANZ Super has reported a lower than expected number of TPD and death insurance claims, an actuarial investigation found - prompting the fund to lower its premium rates as a reward to its members.

CalPERS halts lending to big four

RUTH LIEW  |  FRIDAY, 19 SEP 2008
The $274 billion California Public Employees' Retirement System (CalPERS) has temporarily stopped the lending of troubled Wachovia, Goldman Sachs, Morgan Stanley, and State Street shares.

Qantas Super to exit Constellation

MICHELLE BALTAZAR  |  THURSDAY, 18 SEP 2008
Value manager Constellation turns a new leaf after Qantas Superannuation Limited (QSL) moves to offload its private equity stake and just under $250 million in investments from the group.

Sunsuper rewrites industry fund model

MICHAEL HOBBS  |  THURSDAY, 18 SEP 2008
Sunsuper chief executive Tony Lally has outlined a fresh template for industry super funds - one that moves towards providing high-tech and more customised low-cost advice services to members.

AusSuper saves members $15m

MICHAEL HOBBS  |  THURSDAY, 18 SEP 2008
AustralianSuper's tax file number campaign has saved members an estimated $15 million in tax.

DC pension risk reviews flawed

MICHAEL HOBBS  |  THURSDAY, 18 SEP 2008
Watson Wyatt research revealed less than one fifth of defined contribution (DC) pension schemes carried out a risk assessment in the last 12 months despite continued bad markets.