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Superannuation

GMO small caps downgraded by Morningstar

GMO's Australian small cap shares funds have been downgraded by Morningstar after the departure of former head of equities Max Cappetta and head of equity research Anthony Corr.

Property portfolio changes at EISS, ISPT

ALEX DUNNIN  |  THURSDAY, 30 AUG 2007
The Energy Industries Superannuation Scheme (EISS) and the Industry Superannuation Property Trust (ISPT) are making key changes to their property portfolio.

Schroders distributes into China through Citibank

ALEX DUNNIN  |  THURSDAY, 30 AUG 2007
Schroder Investment Management is partnering with Citibank to launch a suite of six mutual funds that will be distributed in China through Citibank's customer networks.

Retirement gets more expensive: ASFA

CHRIS NICHOLLS  |  WEDNESDAY, 29 AUG 2007
The cost of maintaining a 'modest' standard of living in retirement has increased by 8.8 per cent in the last three years, and a comfortable retirement by 8.1 per cent, according to the latest Westpac ASFA Retirement Standard survey.

Funds SA puts faith in property

CHRIS NICHOLLS  |  TUESDAY, 28 AUG 2007
Funds SA has increased its non-core unlisted mandate with Russell Investment Group's real estate division to $112 million.

DIY fund insurance more tax effective

MICHAEL HOBBS  |  TUESDAY, 28 AUG 2007
Australians are better off holding insurance policies through a self-managed super fund because of the tax advantages, according to Adelaide-based Cavendish Superannuation Fund.

CSRF doubles international equity holding

CHRIS NICHOLLS  |  TUESDAY, 28 AUG 2007
The Catholic Superannuation and Retirement Fund (CSRF) has announced it will double its emerging market holdings in international equities after a portfolio re-weighting.

Channel 3: Highlights from the 2007 ASFA Budget Luncheon

Economist and company director Don Stammer talks about the China supercycle, the rising cost of beer and what he thinks of Australia's retirement policies.

BNP thaws out frozen funds

CHRIS NICHOLLS  |  MONDAY, 27 AUG 2007
BNP Paribas has announced it will re-open three hedge funds frozen earlier this month as a result of the US sub-prime crisis.

Defined benefit super not a liability

While the top 170 companies listed on the ASX have an aggregate defined benefit superannuation liability of $40 billion, the total net liability is so minimal there is no cause for concern, according to a Watson Wyatt study.