A $3 billion state-based super fund will roll into AustralianSuper, taking it up to the $40 billion mark in a move seen by some as a precedent for other state-based funds to follow.
Wallara key man walks
Wallara Asset Management, a long-time Australian equity manager for MLC, has lost a senior investment manager who’s understood to have also owned 15 per cent of the firm.
MetLife's mettle to be tested again
MetLife will again battle to maintain its share of the margin-challenged group insurance market, as a client worth $40 million of annual premiums puts its contract out to tender.
AMP Capital's Mark O'Brien looks west for future direction
Mark O’Brien, an AMP Capital Investors veteran and until recently its chief investment officer, has left the big manager in pursuit of ambitions outside the investment industry and has been succeeded internally.
GESB qualifies to receive UK pension transfers
GESB and West State Super have joined the ranks of over 90 other super funds to be recognised as a qualifying recognised overseas pension scheme (QROPS).
Warning: MySuper is a wealth hazard
Extreme caution should be applied to MySuper being treated as a whole-of-life product which will solve Australia’s looming post-retirement problems, said Wade Matterson, practice leader Milliman Actuaries.
Look, in the sky: it’s venture capital’s new rainmaker
Cloud computing is transforming business operations and has emerged as a major theme in the venture capital world, according to a San Francisco manager.
Zurich poach to shake up group life
Funds with group insurance through IUS are likely to re-tender following the sale of its underwriter to QBE and the defection of key executives to Zurich, which has internalised its distribution of group life in Australia for the first time.
Digging into the DIY boom
Members of small and self-managed superannuation funds represent the second-fastest growing segment of Australia’s self-managed superannuation market, and the upcoming Investment Administration Conference will investigate what these sophisticated individuals want in terms of asset classes, control and reporting.
Sing with dolphins, laugh like a chimp
Each super fund member has a ‘money personality,’ and this should be recognised by funds in their communications to members, according to a specialist finance educator.
Industry funds shouldn't fear SMSFs: OneVue
Best-known as a separately-managed account (SMA) provider, OneVue is working with an industry funds veteran as it attempts to sell a more holistic investment vision into the not-for-profit superannuation space.
HostPlus' ultra-cheap option off to flying start
David Elia
