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Superannuation

VFMC to take investments in-house

The Victorian Funds Management Corporation (VFMC) is set to review all of its externally managed investments and move as many as possible in-house, part of a new strategy spearheaded by the group's recently appointed chief investment officer, Leo de ...

Catholic Super overhauls property mandates

HAMISH MADDEN  |  WEDNESDAY, 29 NOV 2006
The Catholic Superannuation and Retirement Fund (CSRF) has revised its property investments resulting in $100 million of new property mandates being awarded.

Schroders emerging markets fund praised by Zenith

HAMISH MADDEN  |  WEDNESDAY, 29 NOV 2006
Zenith has rated the Schroders Global Emerging Markets Fund (SGEMF) recommended while at the same time praising the fund as the best of its kind in the Australian space.

PE investments - trustees must understand the risks

ALEX DUNNIN  |  TUESDAY, 28 NOV 2006
The race for better investment returns is pushing super funds into alternatives strategies that are badly understood by some trustees, said the Australian Prudential and Regulation Commission (APRA).

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.