A record $2.4 billion was “ripped” from the superannuation system in the form of sales commissions paid to financial advisers throughout 2007, according to a report commisioned by the Industry Super ...

Bennelong Funds Management, the family office and incubator recently expanded by two senior former ING Australian equities managers, has appointed a master custodian. (more…) Master custody for the ...

The $200 billion China Investment Corporation (CIC) will base its selection of hedge fund managers on advice from the Sydney-based team of a major asset consultant. (more…) An underlying manager in ...

JANA Investment Advisors has been counselling its cashed-up clients to seize more active opportunities, in some cases recommending a reweighting toward international equities. The co-owners of ...

The $6 billion Qantas Superannuation fund has appointed one of its former lead asset consultants to be the first-ever chief investment officer. (more…) The managing director of Standard & Poor’s in ...

The $88 billion profit-to-member fund for health workers is effectively offline as it changes out its administration provider ...

The $16 billion NGS Super wants to give its 32,000 members in or heading towards retirement an income for life and all the ...

Centrepoint Alliance has entered into a deal with Brighter Super that could see up to 400 members transition to external ...

Tranche 2 of the Delivering Better Financial Outcomes (DBFO) reforms establish a foundation for provision of financial advice ...

Whatever the outcome of the federal election, there will be a new minister overseeing the superannuation and financial services portfolio given the resignation of Stephen Jones from politics. With the ...

Pentafin’s recently-completed implementation of its OneVue product as Australian Unity’s unit registry system has introduced its new approach to workflow, which dispenses with the traditional method ...

Steve Gibbs, formerly the chief executive of the $18 billion Australian Reward Investment Alliance, will be the chairman of a new responsible investment educational body in the Australasian region.