Water refractions (?)

[zsdf]

When I look at an object that is below the water surface from above, there are weird artifacts around the edges, However, looking at the same object from below the surface looks great. Here's some pictures to show what I mean:

http://abload.de/img/screenshot22isrr.png

(Notice the jagged edges)

http://abload.de/img/screenshot3v2s3p.png

(No jagged edges here)

A similar issue exists with alpha on objects like hair. Looks horrible when the camera is above water and the hair is underwater, but great when the camera is underwater and the hair above.

Why is that and how do I fix it? I tried messing with the INI settings but nothing worked.

Edit: Found someone with the same problem here, but no solution.

Edited January 2, 2015 by zsdf