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

Superannuation

AFA's Adviser of the Year Award

The Association of Financial Advisers (AFA) has just launched its campaign for the fourth annual Adviser of the Year Award, and for the fourth time it will be sponsored by Zurich.

Don't drink coffee, make more than $160,000

A new online survey revealed that three out of four young Australians would happily drop daily habits such as buying take-away coffee, office lunch and cigarettes to save up for their retirement.

Morgan Stanley steps up local game

Short of using a brass band and a bugle horn, global giant Morgan Stanley Investment Management plans an aggressive push locally and is due to launch a series of funds, including Australian equities, while also hitting the recruitment trail.

ACT govt slashes SG

HAMISH MADDEN  |  THURSDAY, 8 JUN 2006
In its 2006-07 Budget, the ACT Government has announced it will reduce its superannuation guarantee level to 9 per cent from 1 July 2006 in a bid to reel in the expected 700 per cent increase in super costs over the next 30 years.

CFS appoints REST chief

Colonial First State Global Asset Management has appointed outgoing Retail Employees Superannuation Trust (REST) chief executive Neil Cochrane as its new global head of business development and deputy chief executive officer.

Consumers more than happy with advisers

HAMISH MADDEN  |  THURSDAY, 8 JUN 2006
Recent research has highlighted a divide between much reported negative perceptions of the industry and actual consumer experiences.

Mining managers wary of funds fleeing

AAP  |  THURSDAY, 8 JUN 2006
Despite huge profits, top mining managers are becoming increasingly concerned about strong investment inflows into the commodities markets emanating from fund managers, fearful that an exodus of funds from the same managers could trigger a pricing landslide.

Mercer breaks into retail MTM

Mercer Global Investment (MGI) announces its arrival into the retail multi-manager (MTM) market space this week after carving its reputation in institutional MTM 10 years ago.

Restructured Fidelity Japan fund rated by S&P

KATE HAGE  |  THURSDAY, 8 JUN 2006
S&P has rated the Fidelity Japan Fund three stars, finding that the fund's restructure late last year and a new fund manager, Nick Price, have rebooted it to deliver higher returns while adding new products to its original core mix.

MIR wins back its five star ratings

HAMISH MADDEN  |  WEDNESDAY, 7 JUN 2006
S&P has reinstated the five star ratings of four of MIR's equities funds which were placed on hold in May as a result of organisational changes.