Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Superannuation

Super inflows boost AXA profits

CHRIS NICHOLLS  |  WEDNESDAY, 8 AUG 2007
AXA Asia Pacific has announced a 23 per cent post-tax profit increase to $374 million for the six months to 30 June, with the local arm's results helped by strong super inflows and equity market growth.

UK alternative weightings quadruple

ALEX DUNNIN  |  TUESDAY, 7 AUG 2007
UK pension funds now have record low weightings to domestic equities and record high weightings to international equities while weightings to alternative assets have quadrupled in four years, according to a survey by Pension Funds Online, the UK directory ...

PE to re-build South Africa

HAMISH MADDEN  |  MONDAY, 6 AUG 2007
South Africa looks set to receive a helping hand from successful stockbroker Christopher Gardner, the inspiration behind the Will Smith movie The Pursuit of Happyness, who has plans to launch a private equity fund to focus on making South Africa an attractive ...

ING finds insurance oasis

CHRIS NICHOLLS  |  MONDAY, 6 AUG 2007
Oasis Asset Management today announced the replacement of Tower with ING Australia as its group risk insurance provider.

Super averages 15.3 pct for 2006-07

ALEX DUNNIN  |  FRIDAY, 3 AUG 2007
Catholic Super with 21 per cent, SERF with 19.2 per cent, Westscheme with 18.8 per cent, MTAA with 18.7 per cent and Telstra with 18.2 per cent have claimed the official top five places in the SelectingSuper final results for 2006-07 and helped the industry ...

Over Fifty Group offers reverse mortgage courses

CHRIS NICHOLLS  |  FRIDAY, 3 AUG 2007
Over Fifty Group (OFG) and SEQUEL have partnered up to provide reverse mortgage accreditation courses for brokers and planners.

Cambridge opens Down Under

ALEX DUNNIN  |  THURSDAY, 2 AUG 2007
The 800-strong institutional investment and research group Cambridge Associates is opening a Sydney office to meet demand from local funds and managers for better global research and information services.

Standardise sustainability reporting: Finsia

HAMISH MADDEN  |  THURSDAY, 2 AUG 2007
A new study released by the Financial Services Institute of Australasia (Finsia) has highlighted a potential $1.2 billion injection into Australia's bottom line GDP each year and a boost to profits if companies adopt standardised sustainability risk ...

Sunsuper awards $580m mandate to US endowment fund

Sunsuper has appointed Makena Capital Management, a US-based pioneer in private endowment investing, to manage $580 million (US$500 million) of its portfolio.

Statewide rolls out automatic insurance cover

South Australia-based super fund Statewide has come up with a simple but clever answer to the nation's underinsurance problems - give members a better insurance deal without the cumbersome paperwork and medical checks.