ASIC alerts super fund members about large exit feesTUESDAY, 22 MAR 2005 11:35AMA recent review of the extent and nature of superannuation exit fees conducted by ASIC has found at least 550,000 Australians are members of superannuation funds that may charge substantial exit or termination fees when members attempt to move their investments out of theses funds. |
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Another MWL adviser banned over Shield collapse
|ASIC has banned another MWL Financial adviser Nicole Niu from providing financial services, controlling an entity that carries on a financial services business or performing any function involved in the carrying on of a financial services business for a period of five years.
Warakirri, LongView launch home equity strategy
|Warakirri Asset Management and LongView are partnering to bring a new shared equity co-investment fund exclusively to wholesale investors seeking access to Australia's residential property market.
Swedish PE giant sweetens offer bid for Perpetual
|EQT AB has sweetened its offer bid for Perpetual, after the financial services firm rejected the unsolicited takeover bid from the Swedish private equity giant earlier in the month.
Igneo opens private infrastructure strategy to advised investors
|Igneo Infrastructure Partners has launched its first private infrastructure fund for advised and wholesale investors in Australia.
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Featured Profile
Blake Briggs
CHIEF EXECUTIVE OFFICER
FINANCIAL SERVICES COUNCIL
FINANCIAL SERVICES COUNCIL
Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.
