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Superannuation

Chinese businesses upbeat but worried about compliance

ALEX DUNNIN  |  THURSDAY, 13 APR 2006
Medium-sized businesses in mainland China are optimistic about their immediate future but, like their Australian counterparts, they have majors worries about being held back by red tape and the availability of capital.

Aon buys private insurance broker Freeman McMurrick

The insurance sector consolidation continues with Aon Australia acquiring Freeman McMurrick, one of the largest privately owned insurance brokers in the country.

1 in 4 Australians have more than one super fund: ICAA

A recent survey has found that 27 per cent of Australian adults hold multiple super funds.

Women like risk, men think too much

HAMISH MADDEN  |  WEDNESDAY, 12 APR 2006
While behavioral finance helps explain the things that economics gets wrong, a greater understanding of investor behavior may help us develop investment products that better suit individuals.

US pension fund wealth bigger than individual wealth

HAMISH MADDEN  |  WEDNESDAY, 12 APR 2006
US fiduciary wealth has surpassed individual wealth, presenting new opportunities for pension funds and other managed funds to leverage the weight of money to achieve corporate and social change.

AIST and CMSF merger to strengthen trustee services

HAMISH MADDEN  |  TUESDAY, 11 APR 2006
At its AGM held on the Gold Coast yesterday, AIST released a discussion paper canvassing a potential merger with CMSF and the long-term viability of super trustee organisations.

Labor launches 6-point super plan

KATE HAGE  |  TUESDAY, 11 APR 2006
The Labor party has announced plans to finetune the nation's superannuation system, targeting lifting retirement income, cutting superannuation taxes and making it simpler for people to consolidate lost super.

Aurora to IPO $150 million buy-write trust

ALEX DUNNIN  |  TUESDAY, 11 APR 2006
Aurora Funds Management (Aurora) is launching an initial public offer for its new listed Aurora Buy-Write Income Trust.

MacarthurCook acquires retail syndicates from PIS

ALEX DUNNIN  |  TUESDAY, 11 APR 2006
Specialist real estate investment manager MacarthurCook Ltd has acquired Arc Funds Management and its property syndicates from the Professional Investment Services.

Market Wrap

AAP  |  TUESDAY, 11 APR 2006
The Australian share market is expected to open firmer and recover some of yesterday's losses as the factors that weighed on the local bourse on Monday have dissipated.