Craig Phillips

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Financial planning

13 May

ASIC bags another Wattle promoter

The Australian Securities and Investments Commission (ASIC) has netted its fourteenth promoter of the failed Wattle Scheme following the sentencing of a Brisbane-based di...

Life/Risk

13 May

ING sells insurance ventures to QBE

ING Group has reached an agreement with QBE Insurance Group to sell a collection of its Mercantile Mutual general insurance interests and allowing the Holland-based firm ...

Financial planning

12 May

AMP put on ice following restructure

Ten AMP Capital Investors’ funds have been placed ‘On Hold’ as a precautionary measure by rating house Assirt Research in light of three recent key departures within its ...

Financial planning

12 May

Industry delivers mixed Budget response

Industry groups and associations have provided a mixed response to last night’s Federal Budget announcement with some stating the 2004/05 Budget will boost retirement sav...

Financial planning

12 May

PPM shelves LIC as market turns sour

Private Portfolio Managers (PPM) has put the launch of its listed investment company (LIC) - PPM Investments - on hold due to market saturation and growing negative inves...

Funds management

12 May

Russell gets aggressive with Australian equities

Russell Investment Group has enhanced its multi-style/multi-manager Australian Shares Fund with the inclusion of an aggressive fund option and appointing five managers to...

Financial planning

11 May

ANZ and finance union clash again

The ANZ Bank and the Finance Sector Union (FSU) are at loggerheads again after appearing before the Australian Industrial Relations Commission (AIRC) over a dispute relat...

Financial planning

11 May

Industry passes $700 billion barrier

The Australian funds management industry is moving towards $1 trillion in funds under management after passing the $700 billion mark in the latest figures released by res...

Financial planning

11 May

Van Eyk boosts research capabilities

Van Eyk Research is steadily expanding resources within its research and iRate online desktop tool divisions with the announcement of two new appointments today....

Financial planning

10 May

Aurora teams up with UBS

Aurora Funds Management has signed a distribution deal with UBS Investment Bank to take its tax-effective Protected Geared Investment product (PGI) to brokers and financi...