Superannuation News

Professor Michael Sherris receives Actuary of the Year 2007 award (16-Oct-2007)
... and graduates.His research extends to: The application of financial economic theory to insurance and superannuation risk management, pricing and risk modelling; Interest rate modelling and risk management; Electricity price modelling ...

BUSS(Q) reports strong growth in Super and Allocated Pension Fund (4-Sep-2007)
... industry superannuation fund BUSS(Q) has achieved an 18.9% return in its Super Balanced Fund and a 21.61% return in its Allocated Pension Balanced Fund for the full 2006/2007 year. This marks a bumper year for Queensland’s top performing ...

Macquarie Pastoral Group acquires The Bulls Run (4-Sep-2007)
... continues to accept institutional investments in the fund from both domestic and international fund managers and superannuation ...

EISS to divest its $200m direct property portfolio (31-Aug-2007)
... based industry superannuation fund Energy Industries Superannuation Scheme announced its intention to divest its entire direct property portfolio, valued at more than $200m.The sale of its portfolio of four properties, consisting of two office ...

Statewide top the chart with super fund return (31-Aug-2007)
... under management surge past $2bn. Statewide has announced the 2006/2007 return of 17.5% for its default superannuation investment option, used by the majority of the fund’s 168,000 members.Statewide’s solid performance does not stop ...

Incorporation by Reference regulation presents opportunity for Super funds (31-Aug-2007)
... to Mercer Human Resource Consulting, superannuation fund trustees and other financial product providers have been given the chance to re-engage their members through meaningful and targeted communication as a result of the Government’s fundamental ...

Local Super appoints as manager of Investments (30-Aug-2007)
... Super has appointed David Smelt as Manager, Investments for the Scheme.Local Super is the $1.5bn superannuation fund for local government employees in South Australia and the Northern Territory.David brings to the position over 20 ...

ISPT acquires two key assets in US (30-Aug-2007)
... Australian property fund and investment manager, Industry Superannuation Property Trust (ISPT), has boosted its ISPT Grosvenor International Property Trust with the acquisition of two key US assets in California and North Carolina for a ...

Brisbane unit market records rise in sale (28-Aug-2007)
... some instances they have found that investors who sold their inner city property stock to pump funds into their superannuation funds are now turning back to the market they left, attracted by high rental yields and low vacancy rates.For buyers ...

Leading Indicator Market Share report for June 2007 (27-Aug-2007)
... Market increased by 21.3% to $590bn over the twelve months and by $37.5bn in the June 2007 quarter.Personal Superannuation was the strong growing market segment for the June 2007 quarter, recording a 10.1% increase to $193bn and an increase of ...

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