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Market wrap

AAP  |  TUESDAY, 15 NOV 2005
The Australian share market is expected to open slightly weaker in local trade as a lack of direction from offshore markets and commodities opens the potential for some profit taking after recent solid gains. Still, stock-specific news is again expected ...

YES gives nod to Financial Wisdom

Sydney-based mortgage group YES Home Loans has teamed up with advisory giant Financial Wisdom to provide financial planning and protection advice to YES home loans customers. Under the strategic alliance, both companies will form a new group called ...

Australia exports financial literacy

... cards has long been a social problem in Korea. But educators in Korea are keen to finally try to do something about it. Their plan is to follow Australia's examples and introduce financial literacy programs into their school curriculum, just like Australia ...

Mieog towers over her investments

TOWER Australia has appointed a new head of investment products. Sue Mieog has joined TOWER Australia on 7 November. Grahame Evans, CEO TOWER Australia Investments said Mieog brought to the role considerable strengths and achievement in product development ...

Clients push S&P to make ratings simpler

Standard & Poor's (S&P) is not making a big song-and-dance about it but the ratings house has dramatically changed its ratings scheme due to client demand for a simpler structure. Previously S&P would produce three separate ratings namely ratings for ...

Millenium 3 buys Synergy

ING-owned financial planning group Millenium 3 Financial Services has bought fellow Queensland-based financial planning firm Synergy Financial Services Group. Millenium 3 is yet to announce the acquisition to the public with ING and Millenium 3 declining ...

FSP to use PlanTech software platform

PlanTech has announced it will provide the planning, CRM and practice management software platform for national dealer group Financial Services Partners (FSP). Tony Smith, PlanTech Consulting Group's CEO says the most important challenge facing advisers ...

AFA Adviser of the Year announced

The Association of Financial Advisers (AFA) has announced this year's winner of their Adviser of the Year award. The winner is Jim Taggart from Taggart Nominees. Taggart is managing director of the Baulkham Hills based advisor group in north western ...

Weaven trumpets industry fund growth figures

Industry Fund Services executive chair, Garry Weaven, says industry funds have grown 'significantly' post-choice. In figures released today Weaven showed increases in both industry fund's membership and funds under management over the six month period ...

MetLife releases handbook for retirees

Insurance and financial services firm MetLife has released a consumer handbook for retirement as part of their 'Client Education Series' initiative. The handbook, titled 'Planning the retirement of your dreams', shows how retirees and pre-retirees can ...