chairman

Financial planning

Asset consultants Intech Financial Services have announced the appointment of former Mercer Asia Pacific chairman and chief executive Bruce Cook as a director....

Funds management

Wealth management shines for Tower

Nine months into a two-year recovery strategy, Tower Limited is back in the black having posted a $4.87 million profit for the six months ended September, 2003....

Funds management

Rivkin to launch funds management venture

Rivkin Financial Services, established by the embattled Rene Rivkin, is set to establish a funds management arm after having its application approved in principle by the ...

Funds management

Colonial forces property fund RE change

Principal Real Estate Investors (Australia) has replaced Lend Lease as the responsible entity of the soon to be Morgan Stanley owned Lend Lease US Office Trust (LUO) foll...

Financial planning

Bid to keep Turner at IOOF knocked back

Moves by a number of Winchcombe Carson planners to get IOOF managing director Rob Turner’s contract extended were rebuffed by chairman Ray Schoer at the group’s annual ge...

Financial planning

Deakin announces AustChoice takeover bid

Deakin Financial Services Group has unveiled plans to merge with AustChoice Financial Services, a move which would see a new top 10 player enter the dealer group arena....

Financial planning

Investor Group makes its move in Queensland

Investor Group has reached an in principle agreement to purchase Queensland accounting and financial planning business TCM Partners, rounding off a year of acquisitions f...

Financial planning

ARA backs down on boycott of peak adviser association

The representative body of advisers in AXA dealer groups, the Authorised Representatives Association (ARA), has backed down on threats to withdraw from the peak industry ...

Financial planning

Aust Unity’s funds break $2 billion barrier

Australian Unity has broken through the $2 billion funds under management (FUM) figure for the first time, on the back of a jump in inflows early this year – up 100 per c...

Editorial

Macquarie profits surge from offshore growth

Macquarie Bank has recorded a record profit of $242 million after tax attributable to ordinary shareholders for the half year to September 30 2003, up 32 per cent on the ...

Financial planning

Where do planners turn for advice?

Much has been written about how financial planners can gain increased business efficiencies and put in place appropriate succession planning strategies, says Peter Dawson...

Financial planning

Perpetual’s Mead takes top job at Aust Unity

Australian Unity has snared former Perpetual executive Rohan Mead as its new group managing director with incumbent Ian Ferres staying in the job until the end of this fi...

Financial planning

International standards to get thumbs up

The final draft of a set of international standards for financial planning should be ready for comment next March....

Financial planning

ASIC vows to collar more crooks

Despite a record haul of enforcement outcomes for the 2002/03 financial year, the Australian Securities and Investments Commission (ASIC) has pledged to be even more ruth...

Financial planning

Judge slams IOOF witnesses over unsatisfactory evidence

IOOF has been denounced in a recent Supreme Court ruling after the presiding Judge considered its case plagued with “inconsistencies” and that “virtually every witness wa...