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Superannuation

Companies make smooth IFRS transition: ASIC

Australian companies have made a smooth transition to the Australian equivalent to IFRS, according to an ASIC review into the implementation of the new reporting standards.

JBWere launches Aussie infrastructure fund

Goldman Sachs JBWere (GSJBW) Asset Management has launched an Australian managed infrastructure fund to the wholesale market in answer to a specific request from one major client.

InvestorWeb hypes up Hyperion

InvestorWeb Research rates Hyperion Australian Growth Companies Fund a 'Buy' and says it has the potential to significantly outperform markets suited to growth investing.

Market wrap

AAP  |  FRIDAY, 20 JAN 2006
The Australian share market could open a touch higher following a positive lead from Wall Street overnight.

AWM and Select form $22bn merger

Australian Wealth Management Limited (AWM) and Select Managed Funds Limited (Select) will merge, after their boards and major shareholders waved the proposal through yesterday.

Accountants Super recruited by PASL

Accountants Superannuation Fund's trustee company, formerly owned by Zurich Australia, has been purchased by Recruitment Financial Services.

Another international DB fund bites the dust

WWW.THESHEET.COM  |  THURSDAY, 19 JAN 2006
The National Australia Bank's UK operations have become the latest company to dump their final salary-based defined benefit pension plan in an attempt to control the ballooning costs of such schemes, according to UK reports.

Tasplan calls for incentives to drive super contributions

The argument for super contribution continues, with Tasplan general manager, Neil Cassidy, calling on the Federal Government to introduce further incentives to encourage low income earners to boost savings.

2006 market conditions will suit value investing: Tyndall

Tyndall, Standard and Poor's 2005 fund manager of the year, is warning that bonds would give few returns and equities may remain "overpriced" and these conditions will suite value managers.

HFA wins Sunsuper mandate

HFA Asset Management is continuing to reap benefits from its absolute return focus after receiving an additional $40 million institutional mandate from fund giant Sunsuper.