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Superannuation

Aussie businesses still risky: Deloitte

CHRIS NICHOLLS  |  THURSDAY, 31 MAY 2007
Nearly 60 per cent of Australian businesses still lack adequate risk management and training, according to a spot poll of 50 top 100 ASX and government organisations conducted by Deloitte last week.

Fidelity responds to Darfur campaign

ALEX DUNNIN  |  THURSDAY, 31 MAY 2007
Fidelity Investments is beginning to divest its Sudanese holdings following pressure from interest groups that include the Save Darfur Coalition (SDC) which launched an aggressive TV, mobile billboard and transit station advertising campaign criticising ...

ING launches new research arm

CHRIS NICHOLLS  |  WEDNESDAY, 30 MAY 2007
ING has spun off its long-running research arm into a separate company, Financial Facts, aiming to provide client and adviser-focused research for advisers, fund managers and other research houses.

GESB aligns with foreign bank for member services

ALEX DUNNIN  |  WEDNESDAY, 30 MAY 2007
Western Australia's flagship public sector super fund GESB has negotiated an alliance with the HSBC group to provide banking and financial services to its members including home and personal loans and credit cards.

Bank branches finally start to sell wealth product

WWW.THESHEET.COM  |  TUESDAY, 29 MAY 2007
After years of trying, bank branches are finally starting to successfully sell wealth management products and improve their cross-sell rates.

Taxes should not target PE: BVCA

ALEX DUNNIN  |  TUESDAY, 29 MAY 2007
The British Venture Capital Association (BVCA) has told Bloomberg they reject calls that additional taxation be imposed on its members just because they are private investors who use leverage.

Zurich adds new Aussie managers

HAMISH MADDEN  |  MONDAY, 28 MAY 2007
Zurich has revised its Australian manager line-up, appointing Challenger Managed Investments, Schroder Investment Management, State Street Global Advisors and Aberdeen Asset Management.

MLC switches $65b custody contract to NCS

After more than two decades of partnership with State Street, MLC has switched its $65 billion custody and administration services contract for the MLC MasterKey platform to National Custodian Services (NCS).

Allco opens door to Malaysia

HAMISH MADDEN  |  MONDAY, 28 MAY 2007
Allco Finance Group has entered into a joint venture arrangement with Malaysia's second largest financial services provider to pursue opportunities in the region.

Small cap oversight costs significant alpha

New research from Inalytics, who specialise in conducting quantitative analysis on fund manager skill, found that unintended bias from fund managers against small cap stocks cost investors 65 basis points per month in 2006, or a loss of over 7 per cent ...