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Superannuation

600,000 Understanding Money booklets mailed: Dutton

ALEX DUNNIN  |  TUESDAY, 12 DEC 2006
Since the financial literacy Understanding Money campaign was launched in July this year, 600,000 Understanding Money booklets have been sent out.

FUM climbs to $1.3 trillion trumping national debt

ALEX DUNNIN  |  TUESDAY, 12 DEC 2006
Even though growth in Australian sourced funds under management (FUM) has slowed, it still reached $1.3 trillion at end September, enough to pay off our national debt and still leave us with plenty of spare change for Christmas.

Citigroup puts a cost on climate change

PETER BELL  |  TUESDAY, 12 DEC 2006
A report has just been released by Citigroup consulting analyst Elaine Prior on the effect of climate change on companies within the ASX100.

Aust Meat Industry Super Trust opens to the public

HAMISH MADDEN  |  TUESDAY, 12 DEC 2006
The Australian Meat Industry Superannuation Trust (AMIST) has just gone public offer - good news for those who have been banging on the door for some time trying to join the fund.

Pentacle expands distribution through planning groups

HAMISH MADDEN  |  TUESDAY, 12 DEC 2006
Pentacle Property Funds Management has entered into strategic partnerships with a suite of financial planning groups in a move towards widening distribution for Pentacle products.

Rainmaker's CompareOnline now compares 385 super funds

ALEX DUNNIN  |  MONDAY, 11 DEC 2006
Rainmaker's CompareOnline super fund comparative web software for financial planners and super funds now compares 385 funds representing 18 million members and $460 billion in assets.

KiwiSaver appoints default providers

AMP, AXA New Zealand, ING (NZ), TOWER, Mercer Human Resource Consulting and ASB Group have been named the six default providers ready to accept members under New Zealand's KiwiSaver scheme to launch in July next year.

AAA and Questus marching to the same drum

HAMISH MADDEN  |  FRIDAY, 8 DEC 2006
Adelaide based AAA Financial Group and Western Australian based Questus Capital have entered into a strategic partnership to streamline back office and support functions and establish one of the country's largest non-aligned planner networks.

Top insurers join with IFF to help with mental health

ALEX DUNNIN  |  FRIDAY, 8 DEC 2006
The job of a super fund trustee is to help boost retirement savings and one way to do this is do help members live long enough to spend it, which is why the Industry Funds Forum (IFF) mental health campaign is so important.

Super tax changes could boost SMSFs: MultiPort

ALEX DUNNIN  |  FRIDAY, 8 DEC 2006
Multiple super accounts may seem inefficient, but for others they are actually a legitimate strategy if properly implemented.