Lachlan Gilbert

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Financial planning

05 Nov

AMP optimistic despite cash flow slump

AMP continues to be optimistic about achieving double digit growth in core operating margins, despite a severe 60 per cent downturn in third quarter net cash flows on las...

Financial planning

01 Nov

Count’s wealth-e-account cracks $1 billion

Count Financial’s wrap account, the wealth-e-account, has broken the $1 billion threshold for funds under administration after only 3 years in operation, leaving Count ma...

Financial planning

01 Nov

Snowball releases new wrap

Snowball has just introduced a wrap account aiming to attract wealth accumulators, DIY super funds and corporate super funds....

Financial planning

30 Oct

ASIC gives HFA slap on wrist

The Australian Securities and Investments Commission (ASIC) has issued an interim stop order on Hedge Fund of Australia’s (HFA) short form wholesale offering document for...

Funds management

29 Oct

Rothschild selects BGI for hedge menu

Rothschild Australia has selected Barclays Global Investors’ BGI Equity Market Neutral Fund to be part of its fund-of-hedge funds Total Return Fund....

Policy & Regulation

23 Oct

Tax scheme promoter in court

A promoter of past tax schemes involving ostrich farming and beef production has had to surrender his passport after the Australian Securities and Investments Commission ...

Financial planning

17 Oct

Sydney adviser permanently banned

An ex-financial adviser with Colonial Financial Services has been permanently banned from acting as a representative of a securities dealer for depositing clients’ funds ...

Financial planning

17 Oct

IOOF takes first step to demutualise

IOOF has indicated that it would tackle the issue of demutualisation, if its members should vote in favour of the proposal in April or May next year....