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Superannuation

ING pushes harder into SME market

HAMISH MADDEN  |  FRIDAY, 5 MAY 2006
ING Australia has announced it plans to aggressively attack market share in the SME sector, unveiling enhancements to its Integra Super product largely centred around lower fees.

ASFA and JUST Super call for changes in the Budget

HAMISH MADDEN  |  THURSDAY, 4 MAY 2006
The Association of Superannuation Funds Australia (ASFA) has called for an expansion of the co-contribution scheme and an abolition of age-based contribution limits, with JUST Super supporting ASFA's stance against a proposal to reduce employer contributions.

Life insurers and 25 AFSL holders under ASIC microscope

The Australian Securities and Investments Commission (ASIC) has launched formal investigations into 25 AFSL holders and will be watching life insurers closely, as a result of its latest license breaches report announced this week.

Finsia takes off with a new president

HAMISH MADDEN  |  WEDNESDAY, 3 MAY 2006
Finsia, the newly merged entity combining the Securities Institute of Australia (SIA) and the Australasian Institute of Banking and Finance (AIBF), completed its evolution at its Annual General Meeting (AGM), held today.

UN signs up $6 trillion to responsible investing

The world's largest pension funds and money managers are putting their money where responsible investing is after a UN initiative to adopt 'green' principles drew more than 60 signatories with a total $6 trillion in assets under management.

MBF lifestyle protector to bundle insurance and ClearView

ALEX DUNNIN  |  WEDNESDAY, 3 MAY 2006
MBF is spending $25 million on marketing how it bundles ClearView and its insurance products under a "lifestyle protector" umbrella.

Members Equity runs on with Fremantle Dockers

HAMISH MADDEN  |  TUESDAY, 2 MAY 2006
Members Equity Bank (MEB) has signed on as an official sponsor of the Fremantle Dockers AFL team for the next three years, joining other financial players in the footballing ranks.

APRA super splitting extension flawed

KATE HAGE  |  TUESDAY, 2 MAY 2006
The Australian Prudential Regulation Authority (APRA) has extended contributions splitting for members to any roll-over funds and transfers made before the 1 July RSE license deadline, but according to some the policy is flawed.

Quadrant gets ready as baby boomers cash in super

Tasmanian-based industry fund Quadrant has reshaped its operations in the lead up to its predominantly 'baby boomer' members entering the retirement phase in the next few years.

Corporate governance the biggest risk: Aon

HAMISH MADDEN  |  TUESDAY, 2 MAY 2006
An Aon Australia survey has found that the issue of corporate governance is the top risk concern for executives, rocketing from ninth on their list of priorities in 2002-03 to the top of the table this year.