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Superannuation

FinLit database to identify gaps and overlaps

ALEX DUNNIN  |  TUESDAY, 5 DEC 2006
Following the launch of the UnderstandingMoney campaign, the Financial Literacy Foundation is now setting up a database of financial literacy programs while also expanding its programs into vocational education.

Access Economics still top consultant: Rainmaker

ALEX DUNNIN  |  TUESDAY, 5 DEC 2006
The latest Rainmaker super fund asset consultant performance survey confirms Access Economics has held onto top spot as Australia's best performing asset consultant.

Plum treads its own path past $8b

HAMISH MADDEN  |  TUESDAY, 5 DEC 2006
Plum Financial Services has just passed $8 billion in funds under administration, the business putting its success down to a focus on member retirement outcomes and the incorporation of behavioural finance into product development.

Plan your pre-nup: HLB Mann Judd

In an age where many couples are living together before marriage or delaying their wedding date, accounting firm HLB Mann Judd said a pre-nuptial agreement (pre-nup) is a must.

Devote 20 per cent or more to direct property: ADPIA

HAMISH MADDEN  |  TUESDAY, 5 DEC 2006
The Australian Direct Property Investment Association (ADPIA) said investors should be allocating at least 20 per cent of their portfolios to direct property.

IPO activity at record levels: Deloitte

HAMISH MADDEN  |  TUESDAY, 5 DEC 2006
A Deloitte report has found that an expected spike in initial public offer (IPO) activity in December will push the number of IPOs this calendar year to record levels, however the total value of all public floats will be virtually half the 2005 figure.

Another Dimension to DFA

Flush from the success of its current suite of products, leading fund manager Dimensional Fund Advisors (DFA) has today launched a new fund that follows the same winning formula but with a global tilt.

Access all asset classes: Vanguard

HAMISH MADDEN  |  MONDAY, 4 DEC 2006
The outlook for most asset classes is healthy for 2007, according to Vanguard, but the most pragmatic and cost effective way to gain exposure across all asset classes is through properly diversified passive investing.

Beware of Christmas credit card fraud

Leading credit card research firm CANNEX has urged consumers to watch their credit card transactions over Christmas as high credit card usage over the period increases the chances of fraud.

Data quality a global problem

ALEX DUNNIN  |  MONDAY, 4 DEC 2006
According to a new survey by AIM Software, the global financial industry continues to struggle complying with Basel II, Markets in Financial Instruments Directives and the Sarbanes-Oxley Act, citing data quality as their biggest problem.