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Superannuation

Vision return to Russell

Vision Super has reappointed Russell Investment Group (Russell) to the role of actuarial and benefits consultant, after a competitive tender brought them back for more.

Market Wrap

AAP  |  THURSDAY, 8 DEC 2005
The Australian share market is expected to open weaker as a poor lead from the US weighs on local markets. Energy companies are likely to be hardest hit after softer oil prices overnight.

Costello pledges $18bn to pump-prime his Future Fund

The Future Fund legislation will be pushed through Parliament today, with Treasurer Peter Costello announcing an initial allocation of $18 billion towards the fund charged with managing the federal government's unfunded super liabilities.

General Motors mortgages driving down to Australia

WWW.THESHEET.COM  |  WEDNESDAY, 7 DEC 2005
General Motors Acceptance Corp will open a mortgage funding business in Australia during the first quarter of 2006.

Vision Super eyes HBA for discount health cover deal

Vision Super is giving its members a pre-Christmas gift through a 5 per cent discount on their private health insurance, thanks to its tie-up with health fund HBA.

TMIC takes on the mortgage insurance duopoly

WWW.THESHEET.COM  |  TUESDAY, 6 DEC 2005
The Mortgage Insurance Company (TMIC) is set to enter the mortgage insurance duopoly and challenge the stranglehold of PMI and Genworth.

M&A activity slows down: KPMG

M&A activity in the country dropped by 19 per cent this year compared to the same period in 2004 partly because the Australian market is overpriced, said KPMG.

Ausbil Dexia notches four stars

Ratings firm S&P awarded a four-star rating to two of Ausbil Dexia's funds, the Investment Trust Australian Active Equity and Dexia Sustainable Global Equity.

VC funds growing faster than it can be allocated: ABS

The venture capital investment market increased 25 per cent during the 2004-05 financial year and now amounts to $11.2 billion, according to the Australian Bureau of Statistics' latest venture capital survey.

Suncorp feels better now with Medibank mandate

Suncorp Investment Management scored its first major institutional win after being awarded a $45 million mandate from Medibank Private.