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Superannuation

AUSfund rolls out $4.3m

RUTH LIEW  |  TUESDAY, 5 AUG 2008
The $660 million Eligible Rollover Fund AUSfund recently returned $4.3 million to its members in seven weeks.

Future Fund still on hiring spree

RUTH LIEW  |  MONDAY, 4 AUG 2008
The $61.5 billion government Future Fund is looking to appoint three new team members to boost its operations and investment teams.

Till losses do us part

MICHELLE BALTAZAR  |  MONDAY, 4 AUG 2008
The ability of super funds to retain members and attract new ones will be put to the test after a new poll revealed one in five will switch funds if they see red in their next member statement.

Remarried war vet widows get pension

RUTH LIEW  |  FRIDAY, 1 AUG 2008
Widows and widowers of war veterans who might have had their pensions stopped after they remarried are now able to access their funds again under new government rules.

ASFA supports same sex super bill

MICHAEL HOBBS  |  FRIDAY, 1 AUG 2008
The Association of Superannuation Funds (ASFA) is backing the government's proposal to change the law and allow same sex couples to access a partner's superannuation death benefit easier and more tax effectively.

Wage bill to drive pension growth: WW

MICHAEL HOBBS  |  THURSDAY, 31 JUL 2008
The UK government's proposal to increase the adult national minimum wage for 21 year olds could raise employer pension contributions by 50 per cent, according to Watson Wyatt.

CONNECT targets retirees

RUTH LIEW  |  THURSDAY, 31 JUL 2008
The $650 million CONNECT superannuation fund has crafted two new funds aimed at members coming up to retirement or are already retired.

APFC appoints $782m infrastructure mandates

RUTH LIEW  |  THURSDAY, 31 JUL 2008
The $38.8 billion Alaska Permanent Fund Corporation (APFC) has pumped $521 million and $261 million into two infrastructure funds by Goldman Sachs and Alinda Capital Partners.

Westscheme shakes up portfolio

RUTH LIEW  |  THURSDAY, 31 JUL 2008
The $2.92 billion Westscheme has rejigged its cash, Australian equities and emerging markets exposures among others after a review of its investment strategy.

AXA super tops league tables

MICHAEL HOBBS  |  TUESDAY, 29 JUL 2008
Amid the worst super fund returns on record, AXA Australia has broken through the field as the surprise top performer with a stunning positive 4 per cent from its Tailored Super and Simple Super employer funds, almost 11 per cent ahead of the market ...