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Superannuation

Macquarie gives $11 million helping hand

NICK OLIVER  |  WEDNESDAY, 17 JAN 2007
Macquarie Bank Foundation and staff contributed over $11 million to more than 400 community organisations in 2006, making it one of the leading benefactors to the community sector.

HESTA gives members free super advice

HAMISH MADDEN  |  WEDNESDAY, 17 JAN 2007
HESTA Super Fund has announced it will offer all its members free superannuation planning advice in the workplace through its network of Superannuation Service Advisers (SSA).

Financial Standard signing off for 2006

HAMISH MADDEN  |  WEDNESDAY, 20 DEC 2006
This is the last daily news from Financial Standard for 2006 and we wish all our readers a very happy and safe Christmas and a prosperous - and profitable - New Year.

SELECT tops hedge fund ratings

HAMISH MADDEN  |  WEDNESDAY, 20 DEC 2006
Two of Select Asset Management's (SELECT) alternative investment funds have topped Standard & Poor's (S&P) hedge fund rankings with both receiving five star ratings.

Aviva upgrades investments and direct share access

ALEX DUNNIN  |  WEDNESDAY, 20 DEC 2006
Aviva has added 25 new investment choices to its Personal Retirement Plan and the Personal Investment Plan investment menus while the Personal Retirement Plan has also increased the range of ASX listed shares available.

Optimum gets a pre-Christmas product upgrade

ALEX DUNNIN  |  WEDNESDAY, 20 DEC 2006
Asteron has announced a range of improvements to its Optimum corporate and personal super platforms, ranging from new investment choices, family-linked accounts and improved insurance cover.

Bullish on international equities, bearish on bonds

ALEX DUNNIN  |  WEDNESDAY, 20 DEC 2006
Two surveys reveal investors are expecting big things from international equities next year though they remain bearish on bonds, but the mixed results for Australian equities suggests divided sentiment on the sector.

ASIC takes SMSF site offline

HAMISH MADDEN  |  WEDNESDAY, 20 DEC 2006
A website offering to assist consumers in setting up and operating a self-managed superannuation fund (SMSF) has been taken offline after an investigation by the Australian Securities and Investments Commission (ASIC).

ANZ to offer Over Fifty Group reverse mortgages

HAMISH MADDEN  |  TUESDAY, 19 DEC 2006
The Over Fifty Group has just announced that it will begin piloting a reverse mortgage product with the Australia and New Zealand Banking Group (ANZ).

Managing market might require regulatory change: Macfarlane

ALEX DUNNIN  |  TUESDAY, 19 DEC 2006
Speaking at the 2006 ABC Radio Boyer Lectures, former Reserve Bank Governor Ian Macfarlane said while growing national savings is good, it nonetheless leads to more reliance upon financial markets and money managers, potentially increasing volatility ...