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Superannuation

CalPERS calls for ratings overhaul

RUTH LIEW  |  THURSDAY, 20 MAR 2008
The US' largest pension fund, California Public Employees' Retirement System (CalPERS), has backed efforts to push rating houses Fitch, Moody's and Standard & Poor's to reform their methods for rating government-issued bonds.

SSgA wins $200m hedge fund replication mandate

MICHAEL HOBBS  |  WEDNESDAY, 19 MAR 2008
State Street Global Advisors has been selected by UK-based Universities Superannuation Scheme (USS) to manage a $200 million hedge fund replication mandate.

Property before super: IPSOS

RUTH LIEW  |  WEDNESDAY, 19 MAR 2008
Despite all the government and industry initiatives to encourage Australians to save money through their super, new research shows many name property as their preferred retirement savings plan.

Scrap $5bn super funds

RUTH LIEW  |  WEDNESDAY, 19 MAR 2008
Warren Chant of Chant West said super funds with $5 billion or less "should not be in existence", but others are calling his claims over the top.

Choice system to cost $90m: CitiStreet

RUTH LIEW  |  WEDNESDAY, 19 MAR 2008
The cost of processing contributions associated with Australia's Choice of Fund system is around $20 to $30 million per year, and could reach $90 million by 2012, according to CitiStreet.

MTAA awards $450m quant mandate

MICHAEL HOBBS  |  TUESDAY, 18 MAR 2008
MTAA Super has awarded a $450 million mandate to BlackRock Investment Management to run a quantitative, tax-aware Australian equities portfolio.

Double digit days are over

RUTH LIEW  |  TUESDAY, 18 MAR 2008
Average fund returns of 15 per cent or more could soon be a thing of the past as investment experts predict that returns this year are more likely to be around the 8 per cent mark.

Governance before crisis

Corporate governance often comes into the spotlight following a crisis - a trap that super fund trustees should avoid at all costs, says a corporate governance expert.

MTAA boosts insurance cover

MICHAEL HOBBS  |  MONDAY, 17 MAR 2008
MTAA Superannuation Fund has improved its group insurance cover for its members after renewing its contract with MetLife Insurance.

Good billing helps SMSF admin

MICHAEL HOBBS  |  MONDAY, 17 MAR 2008
Outsourcing fund administration works if you have the right billing arrangement in place, said Andrew Bloore, chief executive of smartsuper, a self-managed super fund administrator.