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Superannuation

Tranzact grabs 60pc stake in Total Super

RUTH LIEW  |  TUESDAY, 4 MAR 2008
ASX-listed Tranzact Financial Services has acquired a 60 per cent stake in independent self-managed super fund (SMSF) administration provider, Total Super Pty Limited.

Clay Finlay re-invents growth

When investing gets tough, the tough re-defines investing. Or at least that's how global equities manager Clay Finlay explains how it will spot growth stocks in plunging markets.

Super gap widens between haves and have-nots

One of the largest regular surveys conducted on super has confirmed the increasing gap between those who can afford to retire and those who can't.

Check the fine print: GESB

MICHAEL HOBBS  |  MONDAY, 3 MAR 2008
Superannuation fund members are being urged to check the finer details of their super statements to maximise their retirement savings.

Investit sets up local shop

RUTH LIEW  |  MONDAY, 3 MAR 2008
The Australian investment management consulting sector welcomes a new player in its midst as UK-based consultancy Investit makes its debut entry into the Sydney market.

Super funds want more

Australia's largest employers and super funds believe increasing the nine per cent Super Guarantee contribution should be a priority for the new Rudd Government, according to a new survey.

TFNs available online: ING

MICHAEL HOBBS  |  FRIDAY, 29 FEB 2008
By July this year, ING Australia will allow Employer Super clients to send tax file numbers (TFNs) electronically for employees that select a choice fund.

Investment fees jump 50pc

MICHAEL HOBBS  |  THURSDAY, 28 FEB 2008
A growing appetite for alternative investments has led to superannuation funds paying 50 per cent more on investment fees than five years ago, according to Watson Wyatt.

Lehman Bros wins Japanese trading approval

Lehman Brothers has received approval to trade certified emission reductions (CERs) in Japan, becoming the only global investment bank able to provide liquidity for the Asian and European carbon markets.

Allco defends move

MICHAEL HOBBS  |  THURSDAY, 28 FEB 2008
Allco Finance Group (AFG) has stated it complied with its Australian Securities Exchange (ASX) obligation to announce a Review Event following negotiations to refinance its debt.