Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Superannuation

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.

City Super beefs up insurance and Aus equities

MICHAEL HOBBS  |  TUESDAY, 21 AUG 2007
Brisbane-based superannuation fund City Super has launched a new insurance offering through ING Group Risk and has recently awarded more than $140 million in Australian equities mandates.

SMSF numbers show huge jump

CHRIS NICHOLLS  |  MONDAY, 20 AUG 2007
Self managed superannuation fund (SMSF) manager Super Concepts has recorded a 177 per cent increase in funds established last financial year, pushing funds under administration over the $2 billion mark.

Sunsuper flags $116m CFS infrastructure buy

Queensland-based Sunsuper has set a precedent in the way super funds invest in infrastructure when it announced plans to buy an ASX-listed company, Colonial First State Private Capital (CFI), for $116 million.

Governments lag on CSR

CHRIS NICHOLLS  |  FRIDAY, 17 AUG 2007
A new report from market research company Opinion Leaders shows investor groups are far more supportive of corporate social responsibility (CSR) than governments, especially regarding policies on carbon emissions.

LGSS expands direct property assets

MICHAEL HOBBS  |  THURSDAY, 16 AUG 2007
NSW-based industry super fund Local Government Superannuation Scheme has acquired a $41 million Sydney CBD office tower in an effort to bolster its direct property portfolio.

ESS Super to apply UN investment principles

MICHAEL HOBBS  |  THURSDAY, 16 AUG 2007
Victorian-based public sector fund ESS Super has joined the ranks of mega super funds AustralianSuper, UniSuper and ARIA when it signed up to the United Nations' Principles for Responsible Investment.