MONEY MANAGEMENT
Financial planning
The Government hopes the current round of refinements to Financial Services Reform (FSR), which it plans to make law by December 2006, will finalise the regulations and o...
Funds management
MIR Investment Management has taken out the top prize in this year’s Money Management/IMCA Fund Manager of the Year Awards, fulfilling the promise it showed at last year’...
Financial planning
Financial planners are threatening a boycott of Challenger products, after the collapse of one of the Packer-backed manager’s funds left clients with huge losses....
Financial planning
It seems the sky is the limit for Advance Asset Management, which has announced that it is managing more than $7 billion of funds for retail and Australian investors....
Financial planning
MIR Investment Management is set to launch an Asia fund on January 1 next year to add to its five existing unit trusts....
Financial planning
People who invested in a Packer-backed Challenger Financial Services’ property fund that invested in a Sydney shopping centre will only get a third of their original inve...
Financial planning
The continuing trend of investment management firms concentrating on either manufacturing or distribution will create a “new independent advice world”, where financial pl...
Financial planning
Banning exit fees on super funds and restricting statements of advice to less than four pages will form part of Labor’s new financial services policy platform to be relea...
Financial planning
A senior Westpoint director has accused auditor KPMG of already knowing about the failed developer’s problems before ticking-off its reports....
Rate the raters
The Money Management Rating the Raters Survey 2006 collected opinions from 43 fund managers of varying size that control just over $537 billion in funds under management....
Financial planning
Financial planning dealer groups may end up being liable for a portion, if not all of the damages awarded to the investors who are in the process of taking legal action a...
Financial planning
Fund managers have confirmed that the major research houses are still capable of significantly influencing their businesses, with 50 per cent expressing the view that res...
Financial planning
Financial Planning Association deputy chair Sarah Brennan and industry consultant Tom Collins have spoken openly about their involvement with Westpoint Corporation, as Br...
People & Products
The head of St George Private Bank Nick Kalikajaros has been replaced by head of St George margin lending Andrew Black....
Financial planning
The FPA will release the final version of its principles to manage conflicts of interest on the day before chief executive Kerrie Kelly leaves her post....
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Podcast
The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
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...