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Superannuation

What savings problem?

Australians are saving more and spending less against rising fuel costs and other living expenses, according to a Commonwealth Bank survey released yesterday.

Insurance brands to stand in Promina and Suncorp merger

WWW.THESHEET.COM.AU  |  TUESDAY, 24 OCT 2006
The house of brands approach used by Suncorp and Promina will remain in place following the merger of the two, but with some refinement.

AXA's value of advice translating into happy customers

HAMISH MADDEN  |  MONDAY, 23 OCT 2006
Research commissioned by AXA Financial Planning to gauge the success of its 'value of advice' strategy found that more than 90 per cent of clients were so happy with their adviser they would recommend them to friends and colleagues.

Bluestone crossing the Tasman for NZ equity release

HAMISH MADDEN  |  MONDAY, 23 OCT 2006
Equity release specialist group Bluestone is expanding its footprint across the Tasman with the launch of a range of equity release products in the New Zealand market.

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.