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Financial Planning

NAB boutique launches retail fund

MICHAEL HOBBS  |  WEDNESDAY, 16 APR 2008
National Australia Bank Group's boutique fund manager Northward Capital, has launched the division's first retail fund, Northward Capital Australian Equity Trust.

Browne & Co joins Securitor

MICHAEL HOBBS  |  TUESDAY, 15 APR 2008
The Securitor financial planning network extends its reach in New South Wales after chartered accountant, Browne & Co, joined the group.

Purist private equity adds value

RUTH LIEW  |  TUESDAY, 15 APR 2008
Previously cheap debt and easy access to capital have seen private equity (PE) top the money-spinning investment rungs, but as the global liquidity crunch continues to grow, an alternative form of PE investment is rising to take advantage of the market ...

Escalator gets US tick of approval

RUTH LIEW  |  TUESDAY, 15 APR 2008
Plum Financial Service's super savings program, Escalator, has received the thumbs up from US investment powerhouse, Vanguard, as it continues to garner business from its Australian corporate clients.

AMP Capital Core Infrastructure hits $100m

The market may have taken a beating but that hasn't stopped investors from opening their wallets to AMP's infrastructure fund, which drew more than $100 million of inflows in less than six months.

Adviser gets community service

RUTH LIEW  |  MONDAY, 14 APR 2008
A former Progressive Investment Securities financial adviser has been sentenced to 250 hours community service for giving unlawful advice.

Broker caught after $30m insurance scam

MICHAEL HOBBS  |  MONDAY, 14 APR 2008
New South Wales insurance broker Scot Weston has pleaded guilty to four charges of dishonest conduct.

Baby boomers rethink retirement strategy

MICHAEL HOBBS  |  MONDAY, 14 APR 2008
The doom and gloom of global financial markets has forced more than three quarters of baby boomers to consider changing investment strategies to boost their retirement savings, according to a Commonwealth Bank survey.

Currency replaces fixed income

Currency investing could be the next big thing as more investors use foreign exchange managed funds as an alternative to fixed income funds.

LIFT Capital collapses

MICHAEL HOBBS  |  FRIDAY, 11 APR 2008
Margin lender LIFT Capital follows the collapse of Opes Prime and has called in McGrathNicol as voluntary administrators yesterday.