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Median Australian shares fund down: Mercer

ELISE BURGESS  |  WEDNESDAY, 17 NOV 2010
... Australian Shares survey for the year was 4.2 per cent, as compared to the S&P/ASX 300 Index of 4.7 per cent. Rounding out the top five best performing funds for the year to October were: 1. Schroder Australian Equity Opportunities Fund - 12 per cent ...

Fin services execs earn big bucks

JOHN MCDULING  |  WEDNESDAY, 17 NOV 2010
The financial services industry's top executives continue to be among the best paid professionals, according to the Australian Financial Review's latest executive salary review. Alongside the usual suspects - including chief executives of the big 4 ...

Health Super to merge with First State

RUTH LIEW  |  WEDNESDAY, 17 NOV 2010
... Victoria. The merger comes as many industry and corporate super funds continue on merger sprees as economies of scale become top of mind for many industry players. NGS Super and Cuesuper announced in September that they would merge to create a $3.5 billion ...

Industry fund members switch to SMSFs

RUTH LIEW  |  TUESDAY, 16 NOV 2010
... financial planning industry moves towards a fee-for-service structure. Helmes said while poor investment performance was the top reason why people were considering switching from an industry fund to another super vehicle, 20 per cent peg poor communications ...

AMP closes in on AXA

RUTH LIEW  |  TUESDAY, 16 NOV 2010
... of an independent expert. According to Rainmaker Information, the merger will see the combined entity become a significant top three player in the Australian wealth management market, by ownership group of platforms. Prior to the deal, AMP was the third ...

No pension for corrupt Bell staff

RUTH LIEW  |  MONDAY, 15 NOV 2010
... not pay the pensions of certain City of Bell staff following investigations into salary corruption among some of the city's top officials. The California Public Employees' Retirement System said it would not pay pensions of a number of City of Bell employees ...

Recycled fear

BENJAMIN ONG  |  MONDAY, 15 NOV 2010
... China's only doing what Econ 101 dictates - remove stimulus, tighten policy when the economy is on the verge of boiling its top over. China won't tighten by more than what is required to achieve this. No government will. No central bank will. No siree! ...

Gen Yers want advice

RUTH LIEW  |  FRIDAY, 12 NOV 2010
... transferred, are [from] members under 40," said McMurtrie. "Nineteen per cent are from 51 to 60 [years old category]," he said At the top of the advice list is the issue of super fund consolidation, with 39 per cent of calls regarding this topic, said ...

Longevity products in early stages

ELISE BURGESS  |  THURSDAY, 11 NOV 2010
... 'recommended' rating awarded by Lonsec earlier this year. As its name suggests, MLIG can be used to add a lifetime income guarantee on top of conventional self-managed superannuation fund (SMSF) account-based pensions and transition to retirement (TTR) ...

Towers Watson looks to non-life insurance

JOHN MCDULING  |  THURSDAY, 11 NOV 2010