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Financial Planning

MLC slashes premiums

MICHAEL HOBBS  |  TUESDAY, 3 JUN 2008
MLC has reduced insurance premiums across its Personal Protection Portfolio (PPP) and Life Cover Super (LCS) by as much as 15 per cent, in line with its ongoing strategy to make insurance more affordable.

Defence housing to double pipeline to $3bn

RUTH LIEW  |  TUESDAY, 3 JUN 2008
Defence Housing Australia (DHA) has plans to double its capital program from $1.3 billion over the next three years to potentially $3 billion, paving the way for a bigger residential property market for both retail and institutional investors.

ING buys Pinnacle Partners

MICHAEL HOBBS  |  TUESDAY, 3 JUN 2008
ING Australia's spending spree continues after it purchased Melbourne based financial planning dealer group Pinnacle Partners.

Sunsuper injects $19m into hot rocks

RUTH LIEW  |  MONDAY, 2 JUN 2008
Sunsuper has pumped $19 million into South Australian company Geodynamics in its latest "innovative" investment venture.

IMAP gains Aviva muscle

RUTH LIEW  |  MONDAY, 2 JUN 2008
The Institute of Managed Accounts Providers (IMAP) is aiming to spread the platform reach of separately managed accounts (SMAs) with the appointment of Aviva manager of investment products, Peter Rowley, as an IMAP director.

CBA still seeding Colonial funds

WWW.THESHEET.COM  |  FRIDAY, 30 MAY 2008
Seed funding for a couple of landmark infrastructure investments by Colonial remains on the balance sheet of Commonwealth Bank, in one case more than 15 months after the bank tipped in the capital.

Ord Minnett to invest in finance titans

RUTH LIEW  |  FRIDAY, 30 MAY 2008
HSBC, JPMorgan Chase and BNP Paribas are just a few of the big names listed in Ord Minnett's newest fund which gives investors exposure to global financial institutions.

Wash sales left to dry: GMK Centric

MICHAEL HOBBS  |  FRIDAY, 30 MAY 2008
Financial planners, accountants and individual investors could face massive fines if they promote the use of 'wash sale' strategies to gain a tax break for their clients, warns chartered accountancy GMK Centric.

Planners to focus on income: GVI

RUTH LIEW  |  THURSDAY, 29 MAY 2008
Financial advisers are focusing on the 'income' component of total returns as a major driver when it comes to tailoring their client portfolios, a new survey shows.

TOWER net profits up 81pct

MICHAEL HOBBS  |  THURSDAY, 29 MAY 2008
The life market proves to be big business after TOWER Australia posted a bumper half year net profit after tax increase of 81 per cent to $30.9 million for the six months to March.