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Superannuation

More growth through structured products and MAs

Structured products and managed or wrap accounts are the next cornerstones of the global investment funds sector, according to an on-the-spot poll of fund managers and other industry participants at the SIBOS conference held this week.

Hands off our turf: Westpac

Westpac's chief executive, David Morgan, has called on banks to step up their game against non-traditional financial services providers who are aggressively gaining market share in what are traditionally bank dominated areas.

Sunsuper takes message to the country

KATE HAGE  |  TUESDAY, 10 OCT 2006
Sunsuper is focusing a re-marketing campaign on regional areas, providing retirement planning seminars throughout country Queensland and New South Wales in October.

Risky LPTs distorting the sector: Macquarie

HAMISH MADDEN  |  TUESDAY, 10 OCT 2006
Listed property trusts (LPTs) have never varied so widely according to Macquarie, who say out that much of the sector has been skewed by LPTs operating like anything but a traditional LPT and carrying risk beyond their traditional scope.

Product complexity blamed for systemic errors

WWW.THESHEET.COM  |  TUESDAY, 10 OCT 2006
Complex product packages of the kind that have become increasingly common in retail banking are a major cause of systemic problems in the banking system, according to the Banking and Financial Services Ombudsman (BFSO).

Audits pinching corporate funds: Trust

KATE HAGE  |  TUESDAY, 10 OCT 2006
Corporate super funds are feeling the pinch of resources and budgets, according to independent trustee Trust Company, particularly as the date for the first round risk management audits nears.

Mellon launches global alpha bond

Mellon Global Investments Australia has launched the Mellon Global Bond Alpha Trust in response to rising investor demand for higher yielding fixed income products.

ACCC should regulate fund advertising: IFSA

ALEX DUNNIN  |  MONDAY, 9 OCT 2006
Regulation of super fund advertising should be taken away from the Australian Securities and Investments Commission (ASIC) and handed to the competition regulator the Australian Consumer and Competition Commission (ACCC), said the Investment and Financial ...

Every little thing adds up to great service: HOST-PLUS

HAMISH MADDEN  |  MONDAY, 9 OCT 2006
Servicing members is a core function for all super funds, but how many funds take their service offering as seriously as they should? HOST-PLUS is one fund that knows the value of service, and its members do too.

AXA boosts group cover

KATE HAGE  |  MONDAY, 9 OCT 2006
AXA has boosted its group insurance offering, raising the maximum levels of insurance for death and total and permanent disability (TPD) as well as increasing the expiry ages for both categories.