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Superannuation

Skandia extends services to retirees

MICHAEL HOBBS  |  MONDAY, 11 FEB 2008
Skandia has developed a new wholesale retirement product, Wholesale Retirement Solutions, which covers the accumulation, transition to retirement and income stream phases for retiring investors at wholesale fees.

Pillar wins outsourcing deal

RUTH LIEW  |  MONDAY, 11 FEB 2008
Diversified financial services provider, Aon, has announced its decision to outsource its superannuation administration services to specialist provider, Pillar Administration.

Fear brings opportunity for the wise

RUTH LIEW  |  FRIDAY, 8 FEB 2008
Buy, sell, or run for the hills? January's Black Tuesday saw the axing of over $100 billion from the share market, but savvy investors will realise the ailing stock market still boasts lucrative investment opportunities.

Australian super funds sticking with equities

MICHAEL HOBBS  |  FRIDAY, 8 FEB 2008
Australian superannuation fund assets grew more than $125 billion last year despite a high allocation to equities in the face of falling markets, according to Watson Wyatt.

CAAM capitalises on crisis

MICHAEL HOBBS  |  THURSDAY, 7 FEB 2008
Credit Agricole Asset Management (CAAM) is steering its alternative investment strategies towards credit markets to capitalise on mispricing within the sector.

Even Macquarie has to pay for funding

WWW.THESHEET.COM  |  THURSDAY, 7 FEB 2008
Macquarie Group chief financial officer Greg Ward reported yesterday that the group has been paying between 15 and 30 basis points more for funding since the credit market liquidity crisis hit in July.

Fed Govt creates financial services task force

MICHAEL HOBBS  |  WEDNESDAY, 6 FEB 2008
The Rudd Labor Government has called on senior government officials to form the Financial Services Working Group, aimed at dealing with financial services advice and disclosure issues.

QIC tops up Pengana mandate

MICHAEL HOBBS  |  WEDNESDAY, 6 FEB 2008
QIC has boosted its mandate to Pengana Capital's Global Volatility Fund by $111.5 million, three months after it gave the fund an initial $167 million fund injection.

ASSET switches to Integrity

MICHAEL HOBBS  |  TUESDAY, 5 FEB 2008
ASSET Super has granted a $75 million Australian equities mandate to Integrity Investment Management, a deal that ends the super fund's four-year relationship with Concord Capital.

AustralianSuper and Mercer now a tag team

RUTH LIEW  |  MONDAY, 4 FEB 2008
One of the country's largest superannuation funds, AustralianSuper, has recruited global consulting firm, Mercer, as its specialist service provider for its $1.6 billion corporate division.