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Superannuation

Market wrap - morning

AAP  |  FRIDAY, 22 SEP 2006
In Sydney, the Australian share market is expected to open slightly firmer as a weaker Wall Street offsets strong gains in commodity prices.

Financial Synergy scoops ESSB deal

Financial Synergy has announced that the Emergency Services Superannuation board has chosen their flagship Acurity administration software to replace the ESS' current pension system.

Daily economic round-up

PETER BELL  |  THURSDAY, 21 SEP 2006
The Director General of the 140 member World Trade Organisation, Pascal Lamy, has moved the deadline for several key countries to accede to opening up their agricultural markets more to March of next year following frictions at the Cairns round of 18 ...

Global property securities funds "strong": InvestorWeb

KATE HAGE  |  THURSDAY, 21 SEP 2006
On the back of their Global Property Securities Sector Review for 2006, InvestorWeb predict the sector is set to continue its strong ascent, pushed along by the steady adoption of REIT legislation internationally and institutional demand.

IMAP ready for take-off

HAMISH MADDEN  |  THURSDAY, 21 SEP 2006
The Institute of Managed Account Providers (IMAP) is set to hold its inaugural meeting to lay down a roadmap for the organisation going forward.

Adelaide Bank targets growth through wealth management

WWW.THESHEET.COM  |  THURSDAY, 21 SEP 2006
Retiring Adelaide Bank chief executive, Barry Fitzpatrick, said the bank will aim for greater revenue diversification by ramping up the wealth management side of the business.

Asteron adds to Wealthstar investment menu

HAMISH MADDEN  |  WEDNESDAY, 20 SEP 2006
Asteron has announced the addition of six new investment options to its Wealthstar suite of products.

ASIC bans building insurance broker

The Australian Securities and Investments Commission (ASIC) has banned former building insurance broker Dennis Murvan Gentry, of Collingwood, Victoria from providing financial services for five years.

Aust Unity integrates and posts solid profit growth

Funds management, health and retirement group Australian Unity has posted a pre-tax profit of $28.2 million for the year ended June 2006, up 42 per cent from $19.8 million in the previous year.

UBS builds adviser network through education

Wealth manager UBS has responded to the growing need for more wealth managers and advisers in Asia by setting up a campus in Singapore that will provide financial training to existing employees and would-be advisers.