Mutiple super costs $315m: ASFABY MICHELLE BALTAZAR AND NICK OLIVER | MONDAY, 12 FEB 2007 12:22PMThe Association of Superannuation Funds of Australia (ASFA) estimates that the total cost of unnecessary and duplicate superannuation accounts is $315 million per year, a fraction of the $2 billion figure by consumer group CHOICE. |
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NovaPort Capital team calls it a day
The team at small caps manager NovaPort Capital have decided to hang up their boots.
Industry fund merger postponed
Mine Super and TWUSUPER have reported "significant progress" towards their merger, but it has been pushed back.
Fidelity shutters, delists funds
Fidelity International is terminating an international fixed interest strategy that failed to scale, as well as delisting a managed fund.
Super funds to solve the housing crisis?
Association of Superannuation Funds of Australia (ASFA) chief executive Mary Delahunty said at the Australian Shareholders' Association Conference yesterday that addressing the supply side of the housing crisis requires an infusion of private capital.
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Featured Profile
Matt Gaden
HEAD OF AUSTRALIA
JANUS HENDERSON INVESTORS (AUSTRALIA) LIMITED
JANUS HENDERSON INVESTORS (AUSTRALIA) LIMITED
Helping investors traverse financial markets and build their wealth during the peaks and troughs is Janus Henderson Investors head of Australia Matt Gaden's game plan. He tells Karren Vergara why in this long game of investing, active management wins.
