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Superannuation

PSS deploys Acurity

RUTH LIEW  |  TUESDAY, 22 JUL 2008
The NSW Police Superannuation Scheme (PSS) has officially engaged Acurity, a new administration system implemented by Financial Synergy and Pillar Adminsitration.

PASF hires Outlook for advice

MICHAEL HOBBS  |  MONDAY, 21 JUL 2008
Professional Associations Superannuation Fund (PASF) partnered with financial planning firm, Outlook Financial Solutions to provide its services to the super fund's 450,000 members.

None the wiser, all the poorer

MICHELLE BALTAZAR  |  FRIDAY, 18 JUL 2008
Super, what? The superannuation industry may need to crank up its financial literacy initiatives after yet another survey shows that three in four Australians are expecting their superannuation balance to be higher on their next statement.

VISSF turns 50

MICHAEL HOBBS  |  FRIDAY, 18 JUL 2008
The Victorian Independent Schools Superannuation Fund (VISSF) is celebrating 50 years of providing financial retirement services to its members.

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.