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Superannuation

Self-employed have different banking and investment needs

WWW.THESHEET.COM  |  THURSDAY, 15 JUN 2006
Do self-employed people need different types of banking and investment products? Probably, if the statistics from GE Money are to be believed.

Skandia ranks number one for BDM service

ALEX DUNNIN  |  THURSDAY, 15 JUN 2006
Skandia is the number one ranked platform for BDM support and service, according to the latest Assirt Service Level Survey.

SFE claims first ASX scalp

KATE HAGE  |  THURSDAY, 15 JUN 2006
The merger that was once touted as a fait accompli took an interesting turn yesterday as Australian Stock Exchange (ASX) shareholders moved to oust their chief executive, Tony D'Aloisio, in order to win support for what has become a stalled merger with ...

Mortgage broker arrested

HAMISH MADDEN  |  THURSDAY, 15 JUN 2006
A former mortgage broker has been arrested and charged following an investigation by the Australian Securities and Investments Commission (ASIC).

FPA CEO formally signs on

HAMISH MADDEN  |  WEDNESDAY, 14 JUN 2006
The Financial Planning Association (FPA) announced that Jo-Anne Bloch has formally stepped into the role of chief executive officer after her appointment was announced in March.

OptiMix adds geared version of MTM fund

KATE HAGE  |  WEDNESDAY, 14 JUN 2006
ING Australia's multi-manager OptiMix has launched a geared version of its Australian equities fund that it says is aimed at superannuation funds looking for mid to long-term investments with greater leverage but less volatility than single manager funds.

Macquarie buys insolvent Canadian mortgage funder

WWW.THESHEET.COM  |  TUESDAY, 13 JUN 2006
Macquarie Bank will buy Canadian mortgage funder Cervus Financial Group Inc - currently in bankruptcy protection - for A$15 million.

MacarthurCook builds up office portfolio

HAMISH MADDEN  |  TUESDAY, 13 JUN 2006
MacarthurCook has announced the purchase of substantial office space in Adelaide for $19 million.

CSF awards $26m fixed income mandate to IXIS

KATE HAGE  |  TUESDAY, 13 JUN 2006
Catholic Superannuation Fund (CSF) has awarded a $26 million fixed income mandate to IXIS Asset Management Australia for investment in a fund jointly developed with Loomis Sayles & Company.

Directors banned over unregistered schemes

Two directors of Atlantic 3 Financial have been banned from managing a corporation following applications made by the Australian Securities and Investments Commission (ASIC).