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Superannuation

Skandia to grow bigger under Old Mutual

Less than two weeks after Old Mutual bedded down its acquisition of Skandia, Old Mutual's Asia Pacific chief executive Hasan Askari has flagged plans to grow the group's newly acquired Australian operations.

Woolies goes shopping and finds AMP

In a major corporate super master trust churn, Woolworths Group Superannuation Scheme (WGSS) has signed on with AMP's Signature Super Master Trust, leaving behind Mercer after a four month review.

S&P rates Pengana "first mover" fund

Pengana's new Absolute Return Real Estate Fund has been assigned a three star rating from S&P and been touted as a "first mover" in its space.

Market wrap

AAP  |  FRIDAY, 3 MAR 2006
The Australian share market is expected to open lower, following a negative lead from Wall Street and European markets overnight.

Gates wide open for fee-for-service: MLC

In a bold move to answer the clarion call for a more transparent and flexible adviser fee structure, the largest platform provider in the country, National/MLC, has launched a 'fee for service' version of its flagship MasterKey product.

Industry super funds trump retail master trusts, again

Research commissioned by Industry Fund Services (IFS) shows that industry super funds continue to outperform retail master trusts.

BOC Gas Super breaks $500m while closing mandates

BOC Gases Superannuation Fund has broken through the $500 million barrier as it puts in place their implemented consulting deal with Intech by shifting $350 million across to the consultant.

More direct property and an RSE for MTAA Super

MTAA Super has bought a 50 per cent stake in The Met Centre at 60 Margaret Street in Sydney's CBD, while it has also just achieved its RSE license.

Aviva add medical advice to illness cover

In a bid to increase the take up of critical illness cover in Australia, Aviva is offering customers medical reviews and diagnoses about their conditions and treatment options.

Super benefits buried under gobbledygook

Thousands of dollars in superannuation savings from 'super splitting' and 'transition to retirement' legislation might all come to nought unless you or your financial planner understand the jargon involved.