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Superannuation

ASIC and NZ corporate regulator sign cooperation deal

The Australian Securities and Investment Commission (ASIC) and the New Zealand Companies Office have signed a Memorandum of Understanding (MOU) to work towards greater regulatory cooperation between the two countries.

AXA storms into SMSF space

AXA is set to storm into the self managed super fund (SMSF) space when it releases its new bundled SMSF service later in February.

Implemented consulting: the devil is in the detail

Rice Walker Actuaries has joined the debate on whether implemented consulting adds value or not. Their answer is "yes" but how the consultants deliver the returns is far from straightforward.

Returns follow resources through the roof: SelectingSuper

Superannuation and allocated pension fund members' returns are following the buoyant path of resources stocks, clocking up a strong performance over the 31 December calendar year.

Slow death of annual reports: CSA

A recent survey has found that the number of investors reading annual reports is on the decline, suggesting company shareholders are either getting their information elsewhere or are 'voting with their feet'.

New guide to short and sweet PDS

The Australian Securities and Investments Commission (ASIC) has finally issued an industry guide in an attempt to clean up 'over-disclosure' and keep the message short and sweet.

Royal Bank of Scotland targets real estate finance in Oz

The Royal Bank of Scotland (RBS) has announced the establishment of a real estate finance division in Australia.

Secured creditors called on for help in Westpoint bungle

The head of the financial planner-funded Westpoint Recovery Fund, Ian Bristow, has called on Westpoint's secured creditors such as ING, MFS, LM Investment and Perpetual to help salvage investments poured into the company before it's too late.

Vanguard gains all stars: Navigator

Index manager Vanguard notched a five-star rating, the only fund manager to do so out of 15 based on the latest property sector review by Navigator Research.

OptiMix goes Indian with multi-manager solution

OptiMix, the multi-manager division of ING Investment Management, is about to launch the OptiMix Income Growth Multi-Manager FoF Scheme into the Indian market.