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Financial Planning

Westpac and St.George outline merger terms

RUTH LIEW  |  TUESDAY, 13 MAY 2008
Westpac and St.George have agreed to the key terms outlined in yesterday's proposed merger - taking the two institutions a step closer to creating Australia's largest platform provider and banking institution.

First State leads UK adviser fund scoreboard

The UK arm of homegrown fund manager Colonial First State scooped the top six spots in a new report that looks at the top 100 fund managers in the UK based on consistent performance.

$500k fraudster gets jail time

RUTH LIEW  |  MONDAY, 12 MAY 2008
South Australian broker trading representative Kym Andrew Sellers was last Friday sentenced to four years jail with a two-year non-parole period following an Australian Securities and Investments Commission (ASIC) investigation.

NAB and MLC make headway post sub-prime

MICHAEL HOBBS  |  MONDAY, 12 MAY 2008
National Australia Bank and its investment arm MLC managed to wade through the sub-prime carnage to post positive gains in the six months to March.

St George and Westpac to merge

RUTH LIEW  |  MONDAY, 12 MAY 2008
The possible merger of Westpac and St.George would see the birth of Australia's largest wealth platform provider.

Have coffee, will iShares

MICHAEL HOBBS  |  MONDAY, 12 MAY 2008
Barclay's Global Investors (BGI) taps into the country's café lifestyle to promote its Exchange Traded Funds (ETFs) business, iShares, following a deal with a coffee marketing group.

AWM buys 70pc stake in Ord Minnett

Australian Wealth Management Limited (AWM) expands its distribution network in the high net worth market after it acquired a majority 70 per cent stake in advisory and broking group Ord Minnett.

AAI launches the Art Trust

MICHAEL HOBBS  |  MONDAY, 12 MAY 2008
Fine art is the next alternative investment to hit the market after an art specialist launched a new unit trust designed for institutional investors.

Equity markets back in style

RUTH LIEW  |  FRIDAY, 9 MAY 2008
The world equity markets shrugged off the lingering effects of the share market downturn to report impressive returns in April, said Standard & Poor's (S&P).

Centro rescue till Dec

RUTH LIEW  |  FRIDAY, 9 MAY 2008
High profile Australian sub-prime victim Centro Properties Group has been given until December 15 to refinance its debts.