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Superannuation

US fund fees plummet 50 per cent in 25 years

ALEX DUNNIN  |  THURSDAY, 18 MAY 2006
US mutual fund fees have plummeted 50 per cent in the past 25 years, driven down by market competition and the impact of changing distribution channels.

Select gold up 118 per cent in just 12 months

ALEX DUNNIN  |  THURSDAY, 18 MAY 2006
Gold fever and the commodities boom has pushed the Select Gold Fund up a staggering 118 per cent in just the last 12 months.

Suncorp scores $35m AMP mandate

HAMISH MADDEN  |  THURSDAY, 18 MAY 2006
Suncorp Investment Management has won a mandate to manage $35 million for AMP's Responsible Investment Leaders Australian Share Fund.

Baby boomers set to live it up in retirement: CommBank

HAMISH MADDEN  |  THURSDAY, 18 MAY 2006
A Commonwealth Bank (CBA) survey has revealed that baby boomers will approach retirement in a far more active way than past generations, with two-thirds believing they will be able to afford their lifestyle of choice.

Voting opens for 2006 marketing awards

The shortlist for the 2006 Rainmaker Marketing Awards has been posted and voting has started to determine who will win the awards in June.

Counting on SMAs with Praemium

Count Financial, the country's third largest network of financial advisers, has signed up with Praemium/MLIM's separately managed account (SMA) platform.

Julius Baer and Aurora offer fixed interest

HAMISH MADDEN  |  WEDNESDAY, 17 MAY 2006
Aurora Funds Management has partnered with Swiss giant Julius Baer to launch an Australian fixed interest fund as a feeder into the huge Julius Baer fixed interest pool of funds.

Pillar breaks into retail trust admin

Super fund administrator Pillar Administration has cast its net outside public sector funds and into the retail trust market, with three tenders underway.

Too soon for Future Fund asset allocation calls: Murray

KATE HAGE  |  WEDNESDAY, 17 MAY 2006
Infrastructure, alternatives and Government and corporate bonds are on the Future Fund agenda, but Fund chairman David Murray is still giving no clues about the possible appointment of a new chief executive officer.

S&P turns spotlight on gold diggers

Canada's stock exchange operator TSX and ratings firm Standard & Poor's have announced plans to create the world's first Global Gold Index.