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Superannuation

Gender pay equity in banking getting worse: FSU

Data on the participation of women in the financial services sector, extracted from a range of presentations at a Finance Sector Union symposium on pay equity held in Melbourne this week, shows an industry still out of balance.

Save before you buy: MIAA

Amid the plethora of home loan products with practically no deposit required, at least two thirds of Australians still prefer to save up a large enough deposit before buying a home, according to the latest survey on home ownership.

INVESCO passes chief baton to O'Brien

INVESCO has promoted its director in retail and sales marketing Mick O'Brien to chief executive officer of the Australian business.

Super Concepts appoints NSW state manager

Super Concepts Australia has appointed Di Caldwell-Smith as state manager, business development for NSW.

Committed to Asia: Fidelity

KATE HAGE  |  THURSDAY, 20 JUL 2006
Fidelity kicked off its Asia focused roadshow yesterday, stressing it maintained its confidence in the Asian region in spite of recent geo-political tensions and global market corrections that have left some investors feeling gun shy.

SSgA raises bar on absolute returns

State Street Global Advisors (SSgA) in the US is beefing up its 'absolute return strategies' with a new quant tool and three high profile hirings.

Mortgage brokers see clearly with Vivid

MLC has launched a licensee offer called 'Vivid', designed for mortgage brokers who want to break into finance planning and insurance advice.

Reverse mortgage misconceptions: SEQUAL

HAMISH MADDEN  |  WEDNESDAY, 19 JUL 2006
Industry body the Senior Australian Equity Release Association of Lenders (SEQUAL) has voiced its concerns that myths and misinformation surrounding reverse mortgages and equity release products is stopping retirees from enjoying a more comfortable lifestyle.

Emerging markets more attractive than ever: Templeton

HAMISH MADDEN  |  WEDNESDAY, 19 JUL 2006
Emerging markets volatility is a "healthy correction" and not an indicator of underlying problems, according to Templeton Asset Management, with the fundamentals of the sector continuing to strengthen.

UBS narrows the infrastructure horizon

KATE HAGE  |  WEDNESDAY, 19 JUL 2006
UBS Australia is offering retail and institutional investors what it calls a "tightly defined" listed infrastructure fund, largely limiting stock selection to three major sectors.