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Superannuation

Balanced approach from regulators re Choice

The Australian Taxation Office (ATO) and the Australian Securities and Investments Commission (ASIC) have jointly released a booklet outlining the compliance approach to the impending choice of fund environment.

BNP Paribas Securities signs up HiPortfolio/3

BNP Paribas Securities Service has become the second custodian to sign up for DST International's (DSTi) new HiPortfolio/3 service since April.

Manager-of-managers investing still on the rise

Cerulli Associates' fourth annual survey of the manager-of-managers market has found assets in multi-manager products increased by 32 per cent in 2004.

Former NAB currency options trader jailed

Former head of the National Australia Bank's (NAB) foreign currency desk, Luke Duffy has been sentenced to 29 months imprisonment following three charges brought by the Australian Securities and Investments Commission (ASIC).

Asgard, Macquarie provide best service

Macquarie provided the best level of service for a fund manager in 2005 and Asgard elements the best service for a master trust/wrap according to the latest Assirt/Wealth Insights Service Level Survey.

Charges against HIH dep chair dismissed

The Local Court of NSW has ordered a criminal charge against former HIH Insurance deputy chairman Charles Abbott be dismissed.

Blaess to set INGIM listed property and infrastructure alight

Justin Blaess has been appointed as ING Investment Management's (INGIM) new director, listed property and infrastructure.

AXA trustee director asked to show cause

AAP  |  MONDAY, 6 JUN 2005
AXA Asia Pacific Holdings Ltd's domestic chief executive Andy Penn says he has the full support of the company after being issued with a notice by the prudential regulator.

Former NAB currency trader appears in court

Former National Australia Bank (NAB) currency trader David Bullen has appeared in the County court of Victoria charged with 19 counts of dishonestly using his position as an employee and one charge of obtaining a financial advantage by deception.

Treasury releases Future Fund tender

The Treasury Department has released the tender documents for the investment management components of the Future Fund giving interested parties just under one month to submit their application.