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Superannuation

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.

Real estate commissions better than advisers': REIA

ALEX DUNNIN  |  FRIDAY, 20 OCT 2006
The Real Estate Institute of Australia (REIA) has criticised financial advisers for charging commissions even though they imply real estate agents have very similar fee structures.

BT scores another TelstraSuper mandate

HAMISH MADDEN  |  THURSDAY, 19 OCT 2006
BT Financial Group has been awarded a $100 million concentrated Australian equities mandate from TelstraSuper.

Derivative Fitch rates structured products

Fitch Ratings has launched what it claims is the first ratings agency specialising in the global credit derivatives market, which is fast approaching the $44 trillion (US$33 trillion) mark thanks to the rising demand for structure products.

Government must intervene more to promote savings: CEDA

ALEX DUNNIN  |  THURSDAY, 19 OCT 2006
A leading Australian think tank has called for more interventionist government policy to ready us for the economic impacts of the ageing population.

More countries sign up for REITs

The US$1.03 trillion global real estate investment trust (REIT) sector is poised for further growth with UK and Germany setting up REIT-like investment structures next year and other countries such as Italy, Finland, Mexico and Spain considering it.

AFA launches its new website

HAMISH MADDEN  |  WEDNESDAY, 18 OCT 2006
The Association of Financial Advisers (AFA) has unveiled a new website with major restructuring and upgrades to better provide for member information needs.