This rule also applies to New Zealand citizens who have transferred funds from their New Zealand Kiwisaver scheme into an Australian superannuation fund.
42.
She also served as a member of the Western Australian State Training Board, and on the board of the Industry superannuation fund, AustralianSuper.
43.
The discount applicable to superannuation funds is 33 %, reducing the effective tax rate on capital gains from 15 % to 10 %.
44.
As a result, superannuation funds tend to invest in a wide variety of assets with a mix of duration and risk / return characteristics.
45.
Superannuation funds operate as trusts with trustees being responsible for the prudential operation of their funds and in formulating and implementing an investment strategy.
46.
As at 31 December 2012, STC was ranked the 4th largest superannuation fund in Australia and is in the top 100 superannuation funds globally.
47.
Losses to the superannuation funds from the global financial crisis have also been a cause for concern, said to be around $ 75 billion.
48.
As at 31 December 2012, STC was ranked the 4th largest superannuation fund in Australia and is in the top 100 superannuation funds globally.
49.
Unilever Superannuation Fund Trustees Ltd . is suing Merrill Lynch Investment Managers Ltd ., which took over Mercury Asset Management Group PLC in 1997.
50.
Sunsuper Pty Ltd is the Trustee of the Sunsuper Superannuation Fund and is managed by a Board of Directors with equal employer / member representation.
