The Fund Executives Association Ltd (FEAL) conference in August, the association’s only annual event which is open to all industry participants, is to focus on three key themes in the management of super funds: mergers; brand equity; and fund features
First State Super opens its doors to the public
First State Super opened its doors to the public for the first time yesterday, taking the $11 billion fund for NSW Government employees into a new era where it is able to retain members for life.
Record roll-up expected for Mothers Day Classic
More than 22,000 people, many of whom work in the funds management industry, are expected to take part in the annual Mothers Day Classic walk/run on May 14.
Super funds not keen on self-examination
In an era of increased compliance under APRA’s new Registrable Superannuation Entity (RSE) licensing regime one third of superannuation funds still do not have an internal audit function, according to a recent Ernst & Young survey.
Advance wholesales retail fund
Advance Funds Management, the retail distribution business of St George Bank, is making the Advance Global Alpha Fund available to wholesale investors for the first time.
Many call but no answer yet for top Telstra planning job
Telstra Super is sifting through the many applications it has received for the job of head of its financial planning division, according to the departing incumbent, Pat Ryan
Top custody consultant goes solo
High-profile custody adviser, Drew Vaughan, left Mercer Investment Consulting on April 7 after eight years with the firm, and is understood to be starting his own business.
CSRF dumps AMP for ING as insurer
The $2.6 billion Catholic Superannuation and Retirement Fund (CSRF) has appointed ING as its new insurer, replacing AMP. CSRF managing director Greg Cantor said ING was one of nine insurers who tendered for the role, including Axa and AMP who also made the shortlist.
Why Prime Time rates PIS services but not its control
PIS has entered the dealer services game and one of its first clients, Neil McMillan of Melbourne’s Prime Time Financial Counselling, reveals why it’s a win-win situation.
Survey illustrates the plight of women in retirement system
The lopsided nature of superannuation, where men will benefit to a far greater extent than women, has been highlighted by the latest Newspoll survey on community attitudes to retirement and superannuation.
Fortia Select Property Fund
Fortia Funds Management launches an open-ended property fund for wholesale and retail investors.
AQR commits to Australia and BT with new hire
AQR Capital, BT Financial Group’s new global equity alliance partner, has recruited Jeff Dunn, a product specialist from Queensland Investment Corporation, as its Sydney-based representative following confirmation that it would receive about $3 billion to manage in several discrete global mandates from next month.
