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Superannuation

The future of super

MICHAEL HOBBS  |  FRIDAY, 7 DEC 2007
Fund size, a well-defined management structure and a flexible investment portfolio are the key ingredients of an "optimal" super fund, according to a leading expert in global pension management.

Instos to buy more alternatives

MICHAEL HOBBS  |  FRIDAY, 7 DEC 2007
Local institutional investors will continue to pour more money into private equity and real estate, according to a new report on alternative investments.

CG not a priority for mid-caps

Listed companies in the mid-cap sector run the risk of being ignored by corporate governance-conscious institutional investors after a new report found that only two out of 150 mid-cap companies have adopted 'best practice' CG standards.

The secret to MTAA's success

While some super funds like to keep their investment secrets close to their chests, top-ranked MTAA Super gives them all away in a handbook that outlines the investment strategies behind their outperformance in the past ten years.

MM over-diversification a myth: Russell

ALEX DUNNIN  |  THURSDAY, 6 DEC 2007
Keep picking investment managers and adding them to your portfolio until you can't find another good one, Russell Investment Management told yesterday's IMCA's conference.

Lehman Brothers renames Grange

Lehman Brothers has renamed its Australian business, Grange Securities, to Lehman Brothers Australia.

SWIFT overhauls proxy voting

Financial messaging specialist SWIFT pushes corporate governance up a notch through an automated messaging system that creates a transparent 'audit trail' of proxy votes cast by fund managers and pension funds.

Non-TFN tax attack

MICHAEL HOBBS  |  WEDNESDAY, 5 DEC 2007
The 31.5 per cent tax penalty to be applied to super funds without member tax file numbers (TFN) risk massively damaging the retirement incomes of members who either don't know about the rule change or who can least afford the tax hit.

Take governance seriously or lose investor support

ALEX DUNNIN  |  WEDNESDAY, 5 DEC 2007
Institutional investors have thousands of companies in Australia and overseas bidding for their support and unless companies start taking their governance concerns seriously these investors will vote with their wallets.

First State Super boosts insurance by two-thirds

ALEX DUNNIN  |  WEDNESDAY, 5 DEC 2007
First State Super has lifted its insurance offering, with levels of cover jumping by as much as two-thirds in some risk categories.