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PROPERTY
Financial planning
Property and tourism based funds manager MFS Group has reported an above expectations first half profit of $25.2 million, and signalled its intentions to dispose of a por...
Financial planning
ASIC has reiterated its intention to scrutinise the role of financial advisers in Westpoint’s failed mezzanine property lending products after the Federal opposition leve...
Financial planning
Multi managers offered mixed performance in 2005 with growth multi-managers and those in global equities achieving strong results, while multi-managers in the Australian ...
Financial planning
Retail investors can now put their nest eggs into fish tanks with listed property fund manager and subsidiary of the MFS group, MFS Living and Leisure, entering into a $1...
Funds management
Despite consumer concerns over interest rates, the proportion of investors planning to purchase direct property in the next 12 months has dropped only slightly from 34.8 ...
Financial planning
A report into the Financial Services Reform Act (FSRA) commissioned by major accountancy body CPA Australia has suggested that advice provided by real estate agents and p...
Financial planning
The Senior Australian Equity Release Association of Lenders (SEQUAL) was formed early last year in order to set voluntary codes of conduct for its member organisations – ...
Superannuation
Financial advisers have embraced the growth in self-managed superannuation funds with recent research showing just under half of them, 46 per cent, see it as a significan...
Financial planning
Prospectus issuers and their advisers have failed to fully meet Corporations Act disclosure requirements to provide “clear, concise, and effective” prospectuses according...
Financial planning
The ACA has called for greater prudential control over unsecured investments following the winding up of two Westpoint mezzanine finance companies, and warned investors o...
Funds management
Research house Lonsec has taken the UBS Property Securities Fund off ‘fund watch’ and reinstated its previous rating of ‘highly recommended’ following the appointment of ...
Financial planning
Bluestone Equity Release has added a capped for life variable interest rate loan to its EquityTap range of reverse mortgage products, said to be the first capped variable...
Editorial
BT Financial Group coined 2005 the “year of the disconnect”, because of the various anomalies occurring in the developed versus underdeveloped share markets and economies...
Funds management
Diversified Portfolio Managers has entered into an agreement with the Ark Group’s Pulse Property and Kinetic Marketing Divisions to provide an Australia-wide direct resid...
Financial planning
HFA Asset Management has surpassed $2 billion in assets under management, after being awarded an $88.7 million mandate from Suncorp Life and Superannuation....
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Podcast
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...