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| | | Superannuation is the number cause of financial worries among Australians, but many are choosing newspapers over advisers for information when making financial decisions, new CoreData figures show. CoreData surveyed 4,000 Australians and found that ... |
| | | | Five Oceans Asset Management has been selected by financial planning group Garnaut Private Client Advisers to manage its China and India investment fund. Ross Youngman, chief executive at Five Oceans Asset Management, said Garnaut Private Clients had ... |
| | | | ASIC has banned Melbourne broker Mark McKenzie, previously employed by Citigroup Wealth Advisers, from providing financial services for three years. ASIC found that between 26 July and 8 August 2006, he possessed inside information regarding a possible ... |
| | | | ... promote legalsuper's offerings. Another factor hampering the growth of advice is members' existing relationships with advisers outside their fund. "Possibly they already have a relationship with a financial planner... so they don't need another planner ... |
| | | | ... nearly a two-year absence in investing in the sector. The mandate was based on the advice received fromJana Investment Advisers, Maritime Super's asset consultant. "We think now is the right time because members have generally switched back to growth ... |
| | | | ... has come in ipac's evolution to view ourselves and drive growth as a single advice network, covering both ifp and ibp advisers," wrote Swindells in the email. In the meantime, Eric Gibson remains acting head of business partnering. |
| | | | Ongoing regulatory reviews are casting a shadow on the succession plans of financial advisers due to retire in the next few years, placing a big question mark on how they can value their business. Craig Meldrum, national manager in technical services ... |
| | | | ... "shadow shopping" exercise on the services provided by the Industry Funds Financial Planning (IFFP) group found their advisers are not as good as independent financial advisers (IFAs) and bank-aligned planners. The CoreData report, The Industry Fund ... |
| | | | Macquarie Global Investments has teamed up with the UK's Winton Capital Management to cater for advisers looking for new options in capital protection products. MGI launched the Winton Global Opportunities Trust 2 today, a product that gives investors ... |
| | | | ... financial services regulatory reforms opened a new market for Australian-based FinaMetrica, a firm that provides financial advisers with a tool to assess their clients' risk tolerance. Paul Resnik, chief executive at FinaMetrica, said regulatory changes ... |
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