After recent mergers and if further planned mergers proceed, Australia’s superannuation landscape will consolidate to 12 funds with assets under management of more than $50 billion each, the data shows.
The Australian Institute of Superannuation Trustees (AIST) has used its annual awards to highlight the strides many not-for-profit super funds are taking in the use of targeted marketing, social media and in increasing women’s super balances. At last night’s 2015 Awards for Excellence, both funds and individuals were recognised. Equip was a double winner at […]
MTAA Super has gone from the point of collapse to winning best medium-sized super fund in a remarkable turnaround of fortunes. Both the fund’s chair, John Brumby, and its chief executive officer, Leeanne Turner, paid tribute to MTAA’s staff, management and board who had put in dedicated and sustained work over the last four years […]
The Motor Trades Association of Australia (MTAA) Superannuation Fund has had a “pleasing” uptake by members of a new investment option that is a hybrid between growth and capital protection, designed particularly for those transitioning into retirement. The Income Focused Option is designed to deliver capital stability and manage investment volatility, targeting a reliable […]
There are six weeks until the third annual Conexus Financial Superannuation Awards, with limited tickets left. This year’s finalists were selected based on a quantitative assessment by Rice Warner upon which the selection committee placed relative weights. Here is a mini-profile of every organisation and person that made the shortlist. Richard Brandweiner CFA moved from […]
Leeanne Turner started working in public service pension schemes before the superannuation guarantee charge was made compulsory and has seen most of the big changes since then first hand. One of the most significant was at the Commonwealth Superannuation Scheme, which in her time switched its control from a commissioner to a board of trustees. […]