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Superannuation

Perpetual appoints former ANZ MD to board

Perpetual Limited (Perpetual) has appointed a former ANZ Group (ANZ) managing director to their board to replace three directors who announced their retirement at the company's AGM in October last year.

City slickers to face higher bankruptcy rates: ITSA

The latest statistics from Insolvency and Trustee Services Australia (ITSA) paint a dire picture of the incidence of bankruptcies in the eastern states, brought on by rising petrol and household living costs.

Challenger welcomes back S&P four stars

After an almost two year hiatus, Challenger's Australian Share Fund and Select Australian Share Fund have both been upgraded back to four stars by Standard and Poor's (S&P).

SIMON Transport joins TWUSUPER

Transport industry fund TWUSUPER has taken the fund members of SIMON Transport under its wing after the corporate fund said it was winding up due to the increased licensing and regulatory pressures of the new super choice regime.

Tasplan complete their own hard yards for RSE

Tasplan staff have worked hard to complete their own compliance work and have been duly awarded a Registrable Superannuation Entity (RSE) Licence, ahead of the June deadline.

Door opens on IFRS - or is it the floodgates?

WWW.THESHEET.COM  |  MONDAY, 16 JAN 2006
The International Accounting Standards Board has bowed to criticism of the new International Financial Reporting Standards and agreed to re-open a debate on some of the basics of financial reporting, according to the UK Financial Times.

Great Southern a big winner in super rankings

Great Southern Super is the big winner in Rainmaker Information's SelectingSuper performance tables, released late last week.

RBC and Dexia join hands to form top 10 global custodian

The Royal Bank of Canada (RBC) and Dexia have combined their institutional investor services arms to become a formidable top 10 global custodian with $2.7 trillion in assets under custody.

Super savings close in on hitting $800 billion: APRA

Amid fears of a country-wide superannuation savings shortfall, the latest APRA survey shows that the money keeps rolling in, with total superannuation assets now closing in on the $800 billion mark.

Super funds pile on global equities

Vision Super joins a growing list of super funds that are ramping up their weighting on international equities, supporting recent reports that investors expect potentially higher returns overseas.