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Superannuation

Capacity starting to bite Down Under

HAMISH MADDEN  |  MONDAY, 20 NOV 2006
Capacity constraints are starting to eat into Australian investment opportunities, according to Simon Ibbetson, S&P's director, investment consulting.

Failure to focus on after-tax letting down members

HAMISH MADDEN  |  MONDAY, 20 NOV 2006
Super funds are failing in their obligation to provide the best possible after-tax outcomes to their members, according to Richard Friend, head of portfolio management at Warakirri.

ING OneAnswer launches new adviser fee choices

ING has launched OneAnswer Select, a new product option on the OneAnswer platform that offers an easier and less costly alternative for financial planners looking to switch from commissions to a fee-for-service model.

Irish future fund puts faith in passive investing

The National Pensions Reserve Fund, Ireland's equivalent to Australia's Future Fund, has awarded a $5 billion ((€3 billion) passive equity mandate to Bank of Ireland Asset Management Limited (BIAM) and State Street Global Advisors (SSgA).

Bravura IT signs BNY deal

Bravura Solutions' business story may not be tagged as one of Australia's best export stories just yet but it comes very close after it signed a Bank of New York software deal that made it the IT backbone behind $750 billion in funds under administration ...

Daily Economic Round Up

PETER BELL  |  FRIDAY, 17 NOV 2006
A buoyant economy has created strong demand for professionals particularly in the engineering field where new graduates are commanding starting salaries of $50-60,000.

Market Wrap

AAP  |  FRIDAY, 17 NOV 2006
The Australian sharemarket is expected to open down today after metals prices were mixed overnight.

Market Wrap - midday

AAP  |  THURSDAY, 16 NOV 2006
The Australian stock market was down at noon as concerns about a slowing US economy kept local resource stocks at bay despite a recovery in commodity prices overnight.

Member investment arbitraging hits GESB: reports

ALEX DUNNIN, MICHELLE BALTAZAR  |  THURSDAY, 16 NOV 2006
Poor fund design will cost superannuation funds millions of dollars unless they start to upgrade their outdated or inadequate investment reporting systems.

Beware of black box trading software: Bourse Data

Stock trading group Bourse Data has cautioned share investors against relying on 'black box' investment software programs which have flooded the market in the past few years.