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New SMSF course on offer

ALISON BEVEGE  |  THURSDAY, 21 APR 2011
... fund service provider Cavendish Superannuation has teamed up with the University of Adelaide to offer a three-day course next month explaining the complex area of self-managed funds. Cavendish self-managed super fund (SMSF) experts David Busoli and Tim ...

Guardian expands with former CBA planning head

ELISE BURGESS  |  WEDNESDAY, 20 APR 2011
... financial planning as its new business acquisition manager, as part of its strategy for 10 per cent growth per annum over the next three years in its adviser network. Ian Anderson has taken on the new Sydney-based role and will report directly to Simon ...

Russell commodities fund on hold

ALISON BEVEGE  |  WEDNESDAY, 20 APR 2011
... they switched. Sneddon said the fund's London-based portfolio manager would be talking to Standard and Poor's within the next few days on being re-rated. Jason Patton, fund services analyst for the ratings agency, said they were placing the fund on hold ...

BlackRock provides advisers with super SMA

MATT WOODINGTON  |  TUESDAY, 19 APR 2011
... like features to investors. The investment manager is anticipating flows of around $100 million into the super SMA in the next 12-18 months on the back of high demand from clients. Advisers with WB Financial will be first to access the super SMA during ...

Market Wrap - Midday

AAP  |  TUESDAY, 19 APR 2011
... Statistics (ABS) releases producer price index (PPI) data on Thursday, followed by consumer price index (CPI) figures on Wednesday next week. Mr Capurso did not expect the Australian dollar to move much on either data. "The PPI almost never impacts the ...

Ansett trustees make a move

ELISE BURGESS  |  TUESDAY, 19 APR 2011
... statement to members of the Ansett Residual Superannuation Fund, some ten years after the collapse of the company. In the next six to eight weeks, up to 11,000 ex-Ansett workers will receive information on their super after trustees, Mercer Investment ...

State Street increases super potential

MATT WOODINGTON  |  MONDAY, 18 APR 2011
... appointments reflect the organisation's ongoing efforts to achieve its corporate goal of doubling non-US revenue over the next five years," said Ian Martin, head of State Street's Global Markets, Australia and New Zealand. In January, State Street saw ...

ASFA wants action on tax relief

ALISON BEVEGE  |  FRIDAY, 15 APR 2011
... average account balance would fall by 2.6 per cent, Vamos said. "For any funds that are merging or thinking of merging in the next six to 12 months- talk to me or write a letter to the minister (Financial Services Minister Bill Shorten) to say how much ...

Perpetual to debut global resources

MICHELLE BALTAZAR  |  FRIDAY, 15 APR 2011
... with the forecast on global demand for commodities. According to BHP Billiton, the demand for global commodities over the next 25 years will be higher than history put together. "Cashflow generation for the resource companies will be strong for some ...

Property the key to longevity risk

ALISON BEVEGE  |  THURSDAY, 14 APR 2011
... Worldwide in Brisbane, Stacker said. The Direct Industrial Fund has a final target of $200 million before it shuts in June next year. Charter Hall Group has $10.5 billion in funds under management.