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Superannuation

Corp governance now a mainstream business imperative

ALEX DUNNIN  |  FRIDAY, 21 APR 2006
Corporate governance is becoming even more important as it transitions from being just a compliance obligation to a business imperative.

Amicus builds business on flat planning fee

Amicus Financial Planning has created a template for a flat fee-for-service model that is gaining fans among planners keen to sidestep the current debacle on conflicts of interest surrounding commission-based fees.

Trafalgar shifts strategy and ditches some non-core assets

HAMISH MADDEN  |  THURSDAY, 20 APR 2006
Trafalgar Corporate Group announced yesterday that it had entered into agreements to divest the management rights to its Trafalgar Enhanced Income Fund while also selling a showroom which is part of the Fujitsu complex in Brisbane.

Macq multi-strategy fund recommended by Zenith

HAMISH MADDEN  |  WEDNESDAY, 19 APR 2006
The Macquarie Newton Multi-Strategy Fund has been awarded a recommended rating from Zenith and added to its recommended list.

Intrust goes public offer

KATE HAGE  |  WEDNESDAY, 19 APR 2006
Queensland based hospitality and tourism industry fund, Intrust Super Fund, has launched a new public offer category for non-employer sponsored and self-employed members.

Call for personal tax cuts to plug company tax loophole

KATE HAGE  |  TUESDAY, 18 APR 2006
A push to cut top income tax rates was flagged this week as the Board of Taxation chairman, Dick Warburton, said such a reduction would stop people channelling personal income into company coffers.

Praemium goes public with $18m capital raising

HAMISH MADDEN  |  TUESDAY, 18 APR 2006
Portfolio administration provider Praemium Limited has lodged a prospectus for its initial public offering (IPO), hoping to raise $18 million from its imminent ASX listing.

Health Super achieves its RSE

ALEX DUNNIN  |  TUESDAY, 18 APR 2006
Health Super, the $6 billion AAA-rated health industry fund based in Victoria but operating nationally, has been awarded its RSE license by the Australian Prudential Regulation Authority (APRA).

Macq snares RSE license and wholesale BOQ deal

HAMISH MADDEN  |  TUESDAY, 18 APR 2006
Macquarie Investment Management Limited (MIML) announced that the Australian Prudential Regulation Authority (APRA) has awarded it an RSE license, while Macquarie Margin Lending has signed a wholesale agreement with the Bank of Queensland (BOQ).

Market wrap

AAP  |  TUESDAY, 18 APR 2006
The Australian share market should open firmer as commodity and oil prices surged in the US overnight, suggesting a positive tone for the local bourse.