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Superannuation

Buy into a fund now, pay half later: Macq

HAMISH MADDEN  |  TUESDAY, 28 NOV 2006
Macquarie has just announced the launch of its Managed Fund Instalments (MFIs) scheme, a program which allows investors to buy into managed funds with only around half the total price payable at inception.

ING's OneAnswer strides past $15b

HAMISH MADDEN  |  TUESDAY, 28 NOV 2006
ING's OneAnswer platform has broken through the $15 billion barrier thanks to increased flows spurred on by reduced fees and improved product options.

Super funds need to educate members: Quadrant

HAMISH MADDEN  |  TUESDAY, 28 NOV 2006
Tasmanian super fund Quadrant said super funds need to start putting "something back into the community" by taking responsibility for the financial education of their members.

More global, more professional: FPSB

The Financial Planning Standards Board (FPSB), the umbrella body that offers Certified Financial Planners (CFP) certification, is undergoing a major system overhaul that will benefit CFP-accredited financial planners by making their accreditation recognised ...

Use SG to pay HECS and let funds borrow: ICAA

ALEX DUNNIN  |  TUESDAY, 28 NOV 2006
The Institute of Chartered Accountants in Australia (ICAA) has gotten on the front foot and already lodged its pre-budget submission with the Federal Government asking for some radical policy shifts that include allowing members to use their Superannuation ...

Qantas books ticket with Russell

ALEX DUNNIN  |  TUESDAY, 28 NOV 2006
Qantas Super has asked Russell to step into the pilot seat and fly their benefit payments and call centre operations.

Macquarie signs BlueBay for emerging market debt

HAMISH MADDEN  |  MONDAY, 27 NOV 2006
Macquarie Funds Management has announced that UK based fixed income credit specialist BlueBay Asset Management has been appointed as the emerging markets debt manager for a suite of Macquarie fixed interest products.

Members Equity offering saving without fees

HAMISH MADDEN  |  MONDAY, 27 NOV 2006
From today Members Equity Bank (MEB) will be offering its customers two new banking products - fee free.

Party like it's 1999: Allianz Global

The predicted slowdown of global economic growth will focus attention back towards stocks which have been out of favour since the 1999 stockmarket bubble, according to RCM (UK), the Allianz Global Investors-owned equities specialist.

Size pushes IXIS to close global credit fund

ALEX DUNNIN  |  MONDAY, 27 NOV 2006
IXIS Asset Management is closing its Loomis Sayles Credit Opportunities Fund, just a year after launching the fund in Australia, after it broke through $750 million in assets.