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Superannuation

Westscheme tackles ESG with Regnan

RUTH LIEW  |  FRIDAY, 16 MAY 2008
Climate change, energy use, good governance principles. Environmental, social and corporate governance issues (ESG) have become priorities of industry super fund Westscheme after appointing specialist advisor Regnan to help screen its investment options.

FSP and Oasis sign admin deal

MICHAEL HOBBS  |  THURSDAY, 15 MAY 2008
FSP Portfolio Services has switched its administrator of superannuation and IDPS products from Avanteos to Oasis Asset Management.

IC proves value in downturn

ALEX DUNNIN  |  THURSDAY, 15 MAY 2008
Implemented consultants show their value when market conditions turn down, according to the latest survey from the Counterpoint Group.

Instos change mandate strategies

MICHAEL HOBBS  |  TUESDAY, 13 MAY 2008
The mandate hiring patterns of super funds and investors were on show in the latest Mercer report, which highlighted a renewed focus on currency management, the awarding of less but larger mandates and the growing popularity of alternative asset managers.

Tasplan awards $42m mandate

RUTH LIEW  |  TUESDAY, 13 MAY 2008
Tasplan has reshuffled its funds manager line-up as it appoints a $24.1 million mandate to Marathon Asset Management and a separate $18.3 million to T. Rowe Price.

Canadian RMBS not the answer: S&P

RUTH LIEW  |  MONDAY, 12 MAY 2008
Australia's residential-backed mortgage securities (RMBS) market should be allowed to recover without the intervention of a government-backed agency, argues Standard & Poor's (S&P).

Industry responds to APRA report

APRA's latest research on the governing practices of super funds revealed key differences between how retail fund trustees and industry fund trustees operate, but players from both sides of the fence argue their case.

Cut PDS to less than 20 pages: study

MICHAEL HOBBS  |  FRIDAY, 9 MAY 2008
Research commissioned by IFSA has revealed that superannuation product disclosure statements (PDS) under 20 pages long are the most effective way to present information to investors.

Back to school on finance

BlackRock's chief executive Laurence Fink and his wife Lori have donated US$10 million to UCLA to fund academic research that could help explain the changing world of investments post sub-prime.

Aviva super gives $800 tax refund

MICHAEL HOBBS  |  FRIDAY, 9 MAY 2008
Customers invested in Aviva Australia's Navigator Personal Retirement Plan received an $800 tax refund, on average, last financial year.