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Superannuation

SMSF property lending of high Calliva

CHRIS NICHOLLS  |  FRIDAY, 25 MAY 2007
Calliva yesterday announced the launch of a new property lending product called SuperAccess, targeting self-managed super funds (SMSF) by allowing trustees to borrow up to 70 per cent of a property's value.

US giant targets local mortgage insurance market

The NYSE listed MGIC Investment Corporation, the largest provider of mortgage insurance in the US, has earmarked Australia as the first target in its international push.

Retirement banking comes of age

Retirees aged over 60 can now access their superannuation money easily and tax-free after ING Australia and ANZ launched a pension-linked cash account that works like an ordinary bank account.

Platinum listing turns to gold

HAMISH MADDEN  |  THURSDAY, 24 MAY 2007
Platinum Asset Management had a stellar debut on the Australian Securities Exchange, with shares jumping by over 70 per cent in the first day of trade.

Use super for national interests: Weaven

Industry funds management chair, Garry Weaven, has called on the Federal Government to harness the superannuation system to offset costs relating to climate change, infrastructure and the retirement needs of an ageing population.

Much ado over Northern Trust

Investment industry consultant Morse Consulting has thrown in a contrarian view on the emotive debate surrounding the Future Fund's decision to outsource its custodian needs to offshore player Northern Trust.

Print Super terminates mandates

HAMISH MADDEN  |  WEDNESDAY, 23 MAY 2007
Industry fund Print Super has dropped managers Maple-Brown Abbott, Portfolio Partners and Credit Suisse and handed the $340 million in mandates to Tyndall, MIR, ABN AMRO and Generation.

Aberdeen capitalises on expanded talent pool

CHRIS NICHOLLS  |  TUESDAY, 22 MAY 2007
Aberdeen Asset Management will focus on new offshore talent and overseas credit products following the March acquisition of Deutsche Asset Management's (DeAM) Australian equities and fixed interest capabilities.

HESTA joins better research alliance

HAMISH MADDEN  |  TUESDAY, 22 MAY 2007
Industry fund HESTA has joined the Enhanced Analytics Initiative (EAI), an international collaboration that rewards analysts and brokers for greater depth and breadth of research and the inclusion of factors such as corporate governance, human capital ...

HOSTPLUS launches super sport campaign

Industry fund HOSTPLUS, which enjoyed an advertising coup last year with its sponsorship of NRL grand finalist Melbourne Storm, is to roll out another aggressive sports-themed campaign for this year.