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Superannuation

QSuper ploughs $2b into derivatives and swaps

Super fund QSuper has taken the extraordinary step of investing around $2 billion in derivative and swap contracts that mimic the performance of inflation-linked bonds as an alternative to buying the real thing.

Suncorp set to pay $7.9b for Promina

Suncorp-Metway (Suncorp) has proposed to acquire all the shares in Promina for around $7.9 billion in a deal that would form a $20 billion diversified financial services group with Suncorp chief executive officer, John Mulcahy, at the helm.

Charles River and Yieldbroker integrate platforms

ALEX DUNNIN  |  MONDAY, 23 OCT 2006
Charles River Development and Yieldbroker have announced a link between their respective systems that will allow Charles River clients to execute trades through the Yieldbroker's DEBTS trading platform.

FSR style licensing regime for mortgage brokers

WWW.THESHEET.COM  |  MONDAY, 23 OCT 2006
Mortgage brokers can expect to face a new licensing regime as early as next year that will align regulation of the mortgage broking industry with rules that prevail in the financial planning industry.

Understand the dependencies and get unit pricing right

ALEX DUNNIN  |  MONDAY, 23 OCT 2006
Limiting unit pricing errors requires companies to implement management and control systems and to fully understand the inter-dependencies involved in the process.

FKP makes mark in property

FKP Funds Management's Commercial Property Trust No 1 posted a high 58.5 per cent total return to investors for the 2005-06 financial year thanks to the group's active management strategies and the strong Brisbane property market.

ING OneCare minds the insurance gap

ING's life insurance range OneCare grew sales by 65 per cent since January, proof that with the right product, people will buy insurance cover.

Not-for-profits need to engage with industry: IFSA

KATE HAGE  |  FRIDAY, 20 OCT 2006
Speaking at the Catholic Social Services Australia Conference on Wednesday, Investment and Financial Services Association (IFSA) chief executive officer, Richard Gilbert, urged the not-for-profit sector to get more involved with industry to help underpin ...

Private equity capital fundraising jumps 50 per cent

ALEX DUNNIN  |  FRIDAY, 20 OCT 2006
Foreign owned private equity funds doing deals in Asia are experiencing fundraising growth rates of 50 per cent.

Tassie investment schemes wound up

HAMISH MADDEN  |  FRIDAY, 20 OCT 2006
The Australian Securities and Investments Commission (ASIC) has succeeded in its bid to have two Tasmanian unregistered managed funds wound up.