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Superannuation

Instos to spend big in India

MICHAEL HOBBS  |  TUESDAY, 15 APR 2008
Two thirds of Australian institutional investors polled in the Centre for Investor Education (CIE) conference about India said they expect to increase their portfolio allocation to the region in the coming year.

FIRST Super, TISS and PPWSF to merge

RUTH LIEW  |  MONDAY, 14 APR 2008
Industry superannuation funds FIRST Super, TISS and PPWSF are merging on July 1 to form First Super - a new $1.5 billion fund servicing members in the furniture, pulp, paper, and timber industries.

Alternatives cause valuation headaches

MICHAEL HOBBS  |  THURSDAY, 10 APR 2008
Super fund legalsuper has taken extra steps when reviewing its alternative assets portfolio to address concerns that members could risk losing their savings from mispricing of illiquid assets.

LUCRF ups insurance stakes

RUTH LIEW  |  THURSDAY, 10 APR 2008
Industry super fund LUCRF Super has increased its death and total and permanent disablement (TPD) insurance - a decision that will see its members obtain more than double the cover at the same premium rates.

FinLit goes global

ALEX DUNNIN  |  THURSDAY, 10 APR 2008
The world is catching the financial literacy bug with the launch of new programs now targeting the impoverished in the third world.

Silk and Vilgan join govt council

MICHAEL HOBBS  |  THURSDAY, 10 APR 2008
Treasurer Wayne Swan has boosted the superannuation industry's representation on the Financial Sector Advisory Council (FSAC) by appointing AustralianSuper chief executive Ian Silk and QSuper chief executive Rosemary Vilgan to the group.

Volatility hits 5-year high

ALEX DUNNIN  |  THURSDAY, 10 APR 2008
Volatility in US markets has jumped to its highest levels in five years yet not all volatility managers seem to know how to make the most of it, reports the latest VanMac hedge funds state of play newsletter.

CSRF puts faith in the ballot box

The upcoming Member Director election of the Catholic Superannuation and Retirement Fund (CSRF) drew eight nominations this year, including one from a retiree with no previous trust directorship experience.

AERF selects MLC IC

MICHAEL HOBBS  |  WEDNESDAY, 9 APR 2008
MLC Implemented Consulting has been chosen by the Australian Eligible Rollover Fund to multi manage the super fund's $800 million in assets.

Pension funds look in-house for governance

MICHAEL HOBBS  |  TUESDAY, 8 APR 2008
More than $26 billion of assets managed under pension funds in the UK and mainland Europe will face tighter governance monitoring this year, according to a Mercer survey.