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SUPERANNUATION
NZ superannuation up nearly 2% in January
Global Pensions | 23 Feb 2010
NEW ZEALAND – The New Zealand superannuation fund posted returns of 1.97% for the month of January.
Super funds up 10.6% in third quarter
AUSTRALIA - Total estimated assets held by superannuation funds grew by A$114.5bn (US$104.7bn) to a total of A$1.2trn, an increase of 10.6%, data by the Australian Prudential Regulation Authority (APRA) revealed.
Building stronger structures
In recent times structured products have increasingly grown more attractive to Australian superannuation funds – a trend that is set to contune, as Rachel Alembakis reports
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AXA Asia pacific rejects AMP’s bid
AUSTRALIA/NEW ZEALAND – AXA Asia Pacific Holdings (AXA AP) has rejected an A$11bn (US$10.2bn) acquisition offer by Australian financial group AMP claiming it undervalued the company.
Majority of panel says level of pension provision is “adequate”
Nearly 90% of plan sponsored surveyed this month believe the pension provisions offered by their scheme is adequate for pensioners.
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Global Pensions Awards 2010 – The winners
Institutions set to invest in Ucits-compliant hedge funds
EU hits back at Geithner on AIFM directive
Looking to infrastructure
Nominations now closed for the Global Pensions Awards 2010