Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Superannuation

We need to show people how to plan: AXA

ALEX DUNNIN  |  THURSDAY, 5 OCT 2006
While too few Australians have a financial plan, many are unsure what a financial plan actually is and how to go about developing one.

Funds must make it easier to amalgamate small accounts: Costello

ALEX DUNNIN  |  THURSDAY, 5 OCT 2006
Treasurer Peter Costello, speaking at a Committee for Economic Development of Australia (CEDA) conference this week, said the superannuation industry must work harder to make amalgamations of small accounts easier.

New alternatives offering from van Eyk

KATE HAGE  |  THURSDAY, 5 OCT 2006
Aurora Funds Management has been appointed by van Eyk as the responsible entity for its new van Eyk Blueprint Alternatives Plus Trust, focusing on alternative diversification strategies.

Dexion raises $586m and launches AUD share class

UK listed fund of hedge funds (FOHF) Dexion Absolute has completed a record $586 million share issue raising on the London Stock Exchange and has launched a new Australian dollar denominated share class for local investors.

Asteron ramps up insurance and income protection

KATE HAGE  |  WEDNESDAY, 4 OCT 2006
Asteron has ramped up its life insurance and income protection offerings to try to remedy a significant shortfall in income protection for small business owners and self-employed workers.

ING appoints ex-MLC chief underwriter

ING has appointed John Leonard, former MLC head of claims and underwriting, as the group's new chief underwriter.

Mezzanine finance conman hits Hillsong Church investors

NSW based property developer Robert John Orehek is to face trial on 30 criminal charges brought by ASIC for misappropriating money from investors most of whom were from the Hillsong Church in Castle Hill.

New era for BlackRock

It's official. The name Merrill Lynch Investment Managers (MLIM) will be replaced with the name BlackRock but, besides the name change, it will be business as usual for the local arm.

IFM in A$5.5bn bid for fourth-largest English and Welsh water supplier

ALEX DUNNIN  |  TUESDAY, 3 OCT 2006
Industry Funds Management (IFM) has announce that a consortium it is involved with is bidding to takeover AWG in the UK, the fourth-largest water supplier and sewage company in England and Wales.

Fidelity Aust Equities Fund upgraded on third birthday

KATE HAGE  |  TUESDAY, 3 OCT 2006
Fidelity's Australian Equities Fund has had its rating upgraded by Morningstar after growing its local investment team and laying down a track record for its first three years.