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Superannuation

JUST Super and Print Super to merge

ALEX DUNNIN  |  TUESDAY, 19 DEC 2006
JUST Super and Print Super have announced an in principle decision to merge, forming a combined fund holding 110,000 members and controlling $2.1 billion in assets.

Coin adds 150 extras and goes STP

ALEX DUNNIN  |  TUESDAY, 19 DEC 2006
Macquarie owned Coin Software has released an upgrade offering over 150 enhancements aimed at delivering improved flexibility as well as straight through processing (STP) support.

AMP Capital Investors completes $280m China capital raising

HAMISH MADDEN  |  TUESDAY, 19 DEC 2006
AMP Capital Investors has completed a $280 million capital raising for its AMP Capital China Growth Fund, which gives Australian investors a rare chance to access China A shares through an Australian listed vehicle.

ASIC updates court on Westpoint progress

HAMISH MADDEN  |  TUESDAY, 19 DEC 2006
The Federal Court in Perth yesterday received an update from the Australian Securities and Investments Commission (ASIC) on its investigations into the Westpoint collapse in support of ASIC's bid to extend the freezing of assets of key Westpoint figures.

Westpoint Recovery Fund still in pursuit

HAMISH MADDEN  |  MONDAY, 18 DEC 2006
Ian Bristow, trustee of the Westpoint Recovery Fund and managing director of Money Matters Financial Solutions, said he intends to maintain the legal pursuit of Westpoint directors, KPMG and eventually the regulator.

Suncorp-Promina integration costs lower than expected

WWW.THESHEET.COM  |  MONDAY, 18 DEC 2006
Management of Suncorp and Promina believe integrating the two organisations will cost $355 million, slightly less than first estimated.

Goldman Sachs wins Asia's bank of the year

ALEX DUNNIN  |  MONDAY, 18 DEC 2006
Goldman Sachs has won IFR Asia's award for Bank of the Year following two months of scrutiny by IFR Asia's team of reporters and analysts.

Energy field nationalism to impact investors

ALEX DUNNIN  |  MONDAY, 18 DEC 2006
As investors try to exploit the commodities boom in emerging economies, governments of these economies are staking their own ownership claims by nationalising parts of their resources industries.

Asset Super launches into advice

ALEX DUNNIN  |  MONDAY, 18 DEC 2006
Asset Super is to offer its members access to low cost single-issue financial planning through Money Solutions.

SG Hiscock scores four stars from S&P

HAMISH MADDEN  |  MONDAY, 18 DEC 2006
The EQT SGH Property Income Fund (retail and wholesale) and SGH Professional Investor Property Securities Trust have been awarded four star ratings from Standard & Poor's.