Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Superannuation

TWUSUPER throws weight behind alternatives

TWUSUPER has cast tradition aside and has increased its asset allocation to 'alternatives' from 3 per cent to more than 25 per cent, with plans to spend at least $500 million in the asset class.

Sunsuper in the midst of super growth spurt

Sunsuper announced that is has gone beyond $8 billion in funds under management, supported by growth in its member base and its corporate superannuation business.

ING adds non-commutable pension plan

In a bid to offer more retirement income flexibility, ING has rolled out plans to offer a non-commutable pension for people who choose to take advantage of the Government's transition to retirement (TTR) regulations.

Macq Wrap Solutions hits $18bn

Macquarie Wrap Solutions has reached $18 billion in funds under administration after 12 months of strong growth.

Next closes Trust managed accounts deal

Trust Company of Australia (Trust) and Next Financial Limited (Next) have finalised a deal that will see Next appointed as the manager and administrator of Trust's managed accounts (MA) product.

APRA counts licensee applicants post-deadline

As APRA's RSE licensing deadline came and went last Friday, APRA's head of public affairs, Stuart Snell, confirmed that, contrary to some industry speculation, none of the big funds have been left stranded.

Ausbil Dexia dominates Morningstar awards

Ausbil Dexia (Ausbil) has capped 2005 by taking out three Morningstar prizes, including top billing as Morningstar Fund Manager of the Year 2005, beating other finalists Barclays Global Investors and Vanguard.

Talk to us and let's make FSR simpler: Chris Pearce

Parliamentary Secretary to the Treasurer, Chris Pearce, threw down the gauntlet today, asking ASIC to pass the industry's message back to the Government and promising to cut back the regulatory "red tape" in financial services.

Absolute Alpha launches new FOHF

Absolute Alpha, backed by Astarra Capital Limited, was launched as a hedge fund of funds last night in a bid to offer equity-style returns but with less market volatility.

S&P and CITIC JV to ramp up Asian indices

S&P and China's leading index provider CITIC has formed a joint venture in a bid to create more benchmark indices for the Chinese securities market.