Sealcorp, 5Di sign AAG to research agri schemes

compliance/asset-classes/dealer-groups/planners/

26 February 2003
| By John Wilkinson |

Sealcorp and 5Di have signed up the Australian Agribusiness Group (AAG) to provide them with research on agribusiness managed investment schemes.

Under the deal, AAG will produce a list of recommended agribusiness products for the two groups.

This approved list will be used by Sealcorp’s Securitor and PACT dealerships, which amounts to about 600 planners. The 5Di deal will mean more than 20 dealer groups - includingGarrisons, Quadrant andAustralian Unity- will have access to the approved list.

AAG managing director Marcus Elgin says with planners coming under more compliance scrutiny it is important they have access to research for all asset classes.

“Sealcorp and 5Di are committed to knowing their products, and AAG will assist them in that process,” he says.

“These two large financial planning groups have joined a very large number of other planners, big and small, in recognising that research has to be prepared to ‘call a spade a spade’ to protect their, and their clients’, interests.”

As part of its rating of the agribusiness products, AAG provides corporate governance reviews in alliance withErnst & Young. The researcher’s website also includes comprehensive details on most agribusiness schemes offered in Australia.

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 3 weeks ago

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

6 months ago

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

8 months ago

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

3 weeks 4 days ago

Despite the financial adviser exam being rooted in ethics, two professional year advisers believe the lack of support and transparency from the regulator around the exam ...

2 weeks 2 days ago

ASIC has banned two advisers from the same advice firm for giving clients inappropriate superannuation advice that was not in their best interests. ...

3 weeks 2 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
88.01 3 y p.a(%)
3