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Superannuation

CARE enters corporate arena with new product

CARE Super, the outperforming industry fund catering to office-based employees, has joined the other major not-for-profits and created its own corporate product.

Host Super changes name to Intrust

Hospitality and tourism industry fund Host Super has changed its name to Intrust Super Fund.

Perpetual profits up

AAP  |  MONDAY, 20 OCT 2003
Perpetual Trustees Australia Ltd said today that profit for the first quarter is ahead of the same period last year.

Research prompts more funds to get tough on corporate governance

There is little link between executive remuneration and company performance, according to new research released by three leading Australian superannuation funds.

Merchandise imports rise to $11.49 billion in September: ABS

The Australian Bureau of Statistics (ABS) has said today that the value of international merchandise imports into Australia has increased to $11.49 billion in September, compared with $10.88 billion in August.

Afternoon market wrap: Shares end slightly lower

The Australian share market remained slightly weaker in the afternoon session, following a quiet night in major US markets

PSS to convert to accumulation scheme

The Commonwealth government has moved to contain its unfunded superannuation liabilities, today announcing the Public Sector Superannuation Scheme (PSS) will be converted to a fully funded accumulation scheme.

Industry fund takes strong stand on corporate governance

Unisuper has instructed its investment managers to vote on any corporate governance resolutions of Australian companies in which it invests, under a new set of guidelines adopted by the fund.

Agency confirms CFS ratings, following Harding's departure

Research group Morningstar has reconfirmed its Australian equity ratings for Colonial First State Investment Managers (CFS), following the decision of Ian Harding, head of Australian equities at CFS, to resign in early 2004.

AMP releases demerger plan

AAP  |  FRIDAY, 17 OCT 2003
Troubled financial services group AMP Ltd yesterday forecast higher profits as it received the all clear to release a hefty document outlining its demerger plan.