Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Superannuation

LGSS buys Batemans Bay shops

MICHAEL HOBBS  |  FRIDAY, 18 JUL 2008
The NSW Local Government Super Scheme (LGSS) purchased two Batemans Bay based shopping centres worth more than $90 million.

Smaller funds to plateau

RUTH LIEW  |  THURSDAY, 17 JUL 2008
Super funds under the $200 million threshold are expected to wither off until the industry consists of between 50 to 100 players in the next five years.

SuperTrace cuts fees and jazzes website

RUTH LIEW  |  TUESDAY, 15 JUL 2008
SuperTrace Eligible Rollover Fund (ERF) has axed benefit payment fees and unveiled a new online search function to help customers find and consolidate lost and inactive super accounts.

SERF selects JANA as asset consultant

MICHAEL HOBBS  |  TUESDAY, 15 JUL 2008
Stevedoring Employees Retirement Fund (SERF) appointed JANA Investment Advisers as its asset consultant ahead of its proposed merger with the Seafarers Retirement Fund (SRF).

US instos ramp up alts to 22pct

MICHAEL HOBBS  |  MONDAY, 14 JUL 2008
Top US institutional investors are expected to allocate more than 22 per cent of their overall portfolios to alternative assets in two years, well above their historic average of single digit allocation, a new survey found.

KiwiSaver to drive fin literacy

RUTH LIEW  |  MONDAY, 14 JUL 2008
Gen X and Y Kiwis will be much more financially savvy than their predecessors because of the KiwiSaver scheme, predicts BT Funds Management.

LUCRF makes history

ALEX DUNNIN  |  FRIDAY, 11 JUL 2008
The superannuation industry doesn't often talk about its history but 2008 marks a century since the introduction of age pensions and thirty years since the birth of LUCRF, Australia's first modern super fund.

Businesses weighed down by choice

MICHAEL HOBBS  |  THURSDAY, 10 JUL 2008
A survey of payroll managers found 60 per cent of respondents found the choice-of-fund process frustrating and labour-intensive, costing an average business tens of thousands of dollars each year on administration spend.

Qantas Super raises insurance cover

RUTH LIEW  |  THURSDAY, 10 JUL 2008
The $6.6 billion Qantas Superannuation fund has introduced minimum death cover to its default funds.

The house that Sherry built

MICHELLE BALTAZAR  |  WEDNESDAY, 9 JUL 2008
The man who chaired the passage of the Superannuation Guarantee (SG) Bill 20 years ago is back in the limelight, this time with ambitious plans to dismantle the country's jerry-built superannuation system and replace it with a cheaper and more member-friendly ...