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Financial Planning

Magellan Global mirrors Berkshire strategy

MICHAEL HOBBS  |  THURSDAY, 27 MAR 2008
Research firm Lonsec has rated Magellan Financial Group's (MFG) Global Fund 'recommended' and noted it adopts a similar investment style synonymous to that of the sage of Omaha.

Escalator take up reach 50pc

MICHAEL HOBBS  |  WEDNESDAY, 26 MAR 2008
Only a year after Plum Financial Service introduced an 'opt out' super contributions scheme, half of their 82-strong clients are considering to adopt the policy.

Perpetual raises death benefits

MICHAEL HOBBS  |  WEDNESDAY, 26 MAR 2008
Perpetual has upgraded its WealthFocus platform enabling advisers to automate the processing of a type of death benefit called 'anti-detriment payments', with the end result of a bigger lump sum payment for the benefit recipient.

Zurich's timely insurance

RUTH LIEW  |  WEDNESDAY, 26 MAR 2008
Zurich is looking to up its stake in the life risk insurance playing field as it launches "Select Term" insurance, which breaks insurance in manageable chunks of 5,10 and 15 years.

Have DNA, will buy insurance

RUTH LIEW  |  TUESDAY, 25 MAR 2008
Advanced science and technology has enabled DNA testing to be accessible to the American public. But the availability of genetic information has caused a growing number of residents to fear discrimination from insurance providers should the tests reveal ...

BGI rated five-star: S&P

BGI has retained its five-star rating and remains the top manager according to Standard & Poor's rating of International Equity - Quant peer-group managers.

Vietnam the next LPT hotspot

While Australia and Singapore continue to lead the stakes in global listed property trusts, the surprise star in a new survey is Vietnam, jumping from the sixth spot to third in predicted property market growth.

Ascalon buys stake in TPC

Ascalon Capital Managers Limited has bought a majority stake in The Private Collection (TPC), a distribution business that promotes boutique, international and alternative fund management products to financial planners.

Private equity firms to consolidate

A private equity expert predicts that the number of venture capital and private eequity funds in the country could dwindle from 130 to around two dozen in the next two to three years.

ADPIA lobbies against relic property laws

The peak body for direct property investors has called for each State Revenue Office in Australia to standardise stamp duty and get rid of archaic property trust regulations.