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Financial planning
Challenger has opened its Australian share fund to retail investor in an attempt to capitalise on the success of its top ranking Australian equities team....
Financial planning
A series of unregistered investment schemes and the companies that promoted them have been wound up after the Victorian Supreme Court described the schemes as a sham....
Funds management
Merrill Lynch Investment Management (MLIM) are on track to be the next managers to offer a hedge fund product, with the Merrill Lynch Strategic Absolute Return Fund due l...
Financial planning
A former employee of the Melbourne based Lifestyle Group, John Lloyd Caust, has pleaded guilty in the Melbourne Magistrates’ court to seven charges of dishonestly using h...
Funds management
Financial services group Challenger International Ltd has bought its first Melbourne property for $22.3 million, as part of a new property syndicate for retail investors....
Financial planning
The investment watchdog will not stand in the way of any financial planning group or master trust operator who charges fund managers a fee to appear on their recommended ...
Financial planning
<caps>Major</caps> Singaporean corporates may be eyeing Australia’s telecommunications, airlines and financial services industries, but a band of smaller Australian finan...
Funds management
Hedge fund manager specialist Financial Risk Management (FRM) has hit Australian shores, headed up by former Tower Asset Management chief executive Derek Goodyer....
People & Products
Aberdeen Asset Management has restructured its Australian management team, resulting in the departure of former chief executive officer Ouma Sananikone....
People & Products
Well known financial planning figure Gwen Fletcher has been confirmed as the chair of the board and president of the newly formed Association of Financial Service Educato...
People & Products
Financial Services consolidator Stockford will soon be on the hunt for a new director, following its co-founder and director Ian Davidson refusing to run for re-election ...
Financial planning
Focus Investment Management founder Stephen O’Brien has confirmed the boutique funds management house will cease business after only 18 months in operation....
People & Products
St George Bank Ltd managing director and chief executive officer Edward O'Neal died over the weekend, resulting in the bank calling an emergency board meeting....
Funds management
The international and domestic sharemarkets were already suffering significant losses prior to the negative impact of the terrorist attacks in the US, according to result...
Financial planning
The Australian Securites and Investments Commission (ASIC) has banned a New South Wales securities representative and jailed a Queensland insurance broker, in its latest ...
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Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...
So we are now underwriting criminal scams?...