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02 May 2013 • By Owen Holdaway • 1 min read

Media Super to leverage MySuper for acquisitions

Media Super has identified several smaller super funds as potential acquisition targets over the coming months as they are likely to have higher costs ...

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Northern Trust appoints new UK head of sales

Jeremy Hester has been named head of sales for Northern Trust’s Global Fund Services business in the United Kingdom. He will be responsible for ...

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ASIC targets ‘capital protected’ retail products

The regulator is currently contacting providers of ‘capital protected’ retail structured products with concerns about the way the products are being ...

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Industry bodies welcome greater super transparency

Superannuation regulatory bodies have welcomed the government’s draft regulations covering the MySuper reforms for providing greater transparency

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Basel III will see banks focus on ‘sticky’ customers

The Basel III reforms are likely to see banks place a premium on ‘sticky’ customers with multiple products – which will have ramifications for the way ...

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AUI proposes property fund merger

Australian Unity Investments (AUI) is seeking approval from investors as it proposes a merger of two of its property funds. AUI is proposing that ...

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Fee disclosure requirements for MySuper providers

Minister for Financial Services and Superannuation Bill Shorten has announced MySuper providers will need to disclose investment risk, the dollar ...

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FOFA creates adviser-life insurer collaboration

The impending regulatory environment has forced a more collaborative working relationship between financial advisers and risk product manufacturers, ...

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ANZ profit jumps but planner numbers slide

ANZ has reported a statutory profit after tax of $2.9 billion, up seven per cent on the previous half, while also reporting a reduction in the number ...

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Not all MDAs are equal, says IMAP

Managed discretionary account (MDA) operators should be regulated according to the services they are authorised to provide, says the Institute of ...

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