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Superannuation

MM over-diversification a myth: Russell

ALEX DUNNIN  |  THURSDAY, 6 DEC 2007
Keep picking investment managers and adding them to your portfolio until you can't find another good one, Russell Investment Management told yesterday's IMCA's conference.

Lehman Brothers renames Grange

Lehman Brothers has renamed its Australian business, Grange Securities, to Lehman Brothers Australia.

SWIFT overhauls proxy voting

Financial messaging specialist SWIFT pushes corporate governance up a notch through an automated messaging system that creates a transparent 'audit trail' of proxy votes cast by fund managers and pension funds.

Non-TFN tax attack

MICHAEL HOBBS  |  WEDNESDAY, 5 DEC 2007
The 31.5 per cent tax penalty to be applied to super funds without member tax file numbers (TFN) risk massively damaging the retirement incomes of members who either don't know about the rule change or who can least afford the tax hit.

Take governance seriously or lose investor support

ALEX DUNNIN  |  WEDNESDAY, 5 DEC 2007
Institutional investors have thousands of companies in Australia and overseas bidding for their support and unless companies start taking their governance concerns seriously these investors will vote with their wallets.

First State Super boosts insurance by two-thirds

ALEX DUNNIN  |  WEDNESDAY, 5 DEC 2007
First State Super has lifted its insurance offering, with levels of cover jumping by as much as two-thirds in some risk categories.

Move over BRICs, Middle East is coming

MICHAEL HOBBS  |  MONDAY, 3 DEC 2007
The long-term growth potential in BRIC economies remains high yet will stabilise as China exhibits 'bubble' characteristics, but if the Middle East continues to liberalise it will offers even bigger potential.

Investors want to unpack asset-backed transactions

WWW.THESHEET.COM  |  MONDAY, 3 DEC 2007
The securitisation industry needs to increase the level of transparency in its investor reporting to overcome scepticism about securitised products, the Reserve Bank has warned.

VicSuper wins Sustainability Super Fund award

VicSuper has received the inaugural Sustainable Super Fund of the Year award at the Australian Sustainability Awards held last week.

The $200 super gift

MICHAEL HOBBS  |  THURSDAY, 29 NOV 2007
Australians can bump up their Christmas budget by cashing in their unclaimed super account balances, as long as the total amount is less than $200.