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Superannuation

Household wealth breaks through $5 trillion

ALEX DUNNIN  |  TUESDAY, 11 MAR 2008
Household wealth in Australia is now estimated to be $5.1 trillion after jumping 12 per cent last year, reveals the latest analysis from Treasury.

BUSSQ grants $50m to T.Rowe Price

MICHAEL HOBBS  |  TUESDAY, 11 MAR 2008
Queensland building and construction super fund, BUSSQ has awarded a $50 million international equities mandate to T.Rowe Price.

Raise the pension, says seniors

RUTH LIEW  |  MONDAY, 10 MAR 2008
A consumer body is flagging the need for a raise in the Age Pension following reports that the government may ditch the $500 bonus payment to senior Australians this year.

CalPERS pumps cash into fund-of-funds

RUTH LIEW  |  MONDAY, 10 MAR 2008
US pension giant California Public Employees' Retirement System (CalPERS) has invested an extra $323.1 million last week for emerging managers.

Christian Super avoids tobacco

MICHAEL HOBBS  |  MONDAY, 10 MAR 2008
Christian Super has distanced itself from other Australian super funds that invest in tobacco companies after a survey found super fund members wanted them to avoid the tobacco industry.

PE must work on PR

MICHAEL HOBBS  |  FRIDAY, 7 MAR 2008
As more institutions invest in alternative assets such as private equity, the sector players have to re-think how they communicate their message under the more intense public spotlight.

BNY Mellon champions fiduciary transition

RUTH LIEW  |  THURSDAY, 6 MAR 2008
A fiduciary transition management style beats the conventional "agent" model when it comes to cutting admin costs, according to BNY Mellon Asset Management Australia.

Good governance pays 18pc more

MICHAEL HOBBS  |  WEDNESDAY, 5 MAR 2008
UK companies with exceptional corporate governance records generate returns 18 per cent higher than those with poor records, according to the Association of British Insurers (ABI).

Govt creates super advisory

MICHAEL HOBBS  |  WEDNESDAY, 5 MAR 2008
The federal government has created a Superannuation Advisory Group to provide technical expertise and consultation on relevant proposals within the superannuation industry.

Clever but not too clever investing

RUTH LIEW  |  TUESDAY, 4 MAR 2008
Recent shakeouts in the LPT and direct property sector have prompted property investment firms including Ray White Invest to steer clear from "too clever" institutional products.