Superannuation

US - The San Diego County Employees Retirement Association (SDCER) said it will not appeal a court order to release the names and benefit amounts for retired county employees who receive more than $100,000 a year in pension benefits.

AUSTRALIA - The A$1.8bn (US$1.93bn) Professional Associations Super (PAS) has posted returns of 11.2% in the 2010/2011 financial year for its growth option.

AUSTRALIA - The Superannuation industry is set to standardise the way it discloses investment risk under new guidelines announced yesterday.

AUSTRALIA - The Gillard Government's new carbon pricing scheme will lead to greater investment in clean energy and clean technology, superannuation funds believe.

AUSTRALIA - Medicare will be responsible for the early release of superannuation on compassionate grounds after new legislation was introduced into Australia's Parliament this week.

As more superannuation funds look to merge, Rachel Alembakis questions whether these moves are the best thing for members

AUSTRALIA - Superannuation growth funds have posted their second consecutive year of positive returns but have yet to fully recover from the global financial crisis, research by Chant West shows.

AUSTRALIA - HESTA, the A$17bn (US$17.8bn) industry superannuation fund for health and community services, has selected insurer CommInsure to provide default income protection insurance to members aged up to 67.

AUSTRALIA - The elimination of six million unnecessary superannuation accounts through auto-consolidation would lead to a reduction in fees of around A$250m ($263m)a year, research suggests.

AUSTRALIA - The Superannuation Clearing House, a free service that streamlines superannuation payments for small businesses, has had around 4,500 employers registered in its first year of operation, the government said.