Lifeplan inflows reach milestone

bonds/funds-management/

6 November 2007
| By Liam Egan |

Specialist funds manager Lifeplan Funds Management claims to have achieved $100 million in new business inflows in the first four months of the current financial year.

It is the third year in succession that Lifeplan has surpassed $100 million in new business, according to general manager Matt Walsh, setting an internal record.

“This year’s achievement surpasses the five months taken to achieve the $100 million new business level in 2006-07, and the six months to hit the same milestone in 2005-06,” Walsh said.

“Total assets and funds under management have increased for the sixth successive year, and we have maintained our position as the largest provider of investment bonds in Australia, he said.”

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months 1 week ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months 2 weeks ago

The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call....

5 days 21 hours ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

2 weeks 6 days ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

1 week 4 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
2
DomaCom DFS Mortgage
95.46 3 y p.a(%)
5