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Financial Planning

WHK expands Sydney and Queensland business

RUTH LIEW  |  FRIDAY, 8 FEB 2008
Listed financial planning firm, WHK Group, has snapped up another Mortgage Choice franchise via their deal with risk insurance firm Diamond Life Financial Services in its latest endeavors to expand the WHK business.

Double the super for wealthier Australians

RUTH LIEW  |  FRIDAY, 8 FEB 2008
Well-off Australians are making double the effort to boost their additional superannuation contributions compared to their less wealthy counterparts, a new study has shown.

AXA's succession solutions

MICHAEL HOBBS  |  FRIDAY, 8 FEB 2008
Financial advisors looking to sell their business must ensure it's operating successfully because inefficient practices risk being sold at almost 20 per cent below the industry average, an AXA report found.

Snowball rolls up three advice practices

MICHAEL HOBBS  |  THURSDAY, 7 FEB 2008
Financial services group, Snowball has purchased a fixed proportion of business and revenue from three undisclosed Sydney based financial planning practices, adding almost $200 million in funds under advice to the group.

Ray White snaps up Woolies property

RUTH LIEW  |  WEDNESDAY, 6 FEB 2008
While the Australian LPT sector continues to hover at a precipice of continuing falls, specialist fund managers with cash to spare are now at the vanguard of new acquisitions - with some even picking up a shopping centre or two along the way.

International value funds back in vogue

RUTH LIEW  |  WEDNESDAY, 6 FEB 2008
International value funds have been lying low for several years, but the sweep of panic wafting from the recent credit market turbulence has the funds gearing for a major comeback - with several US fund managers eyeing the Australian market.

Australian private equity still going strong

RUTH LIEW  |  WEDNESDAY, 6 FEB 2008
Private equity investments in the Asia Pacific region remained relatively benign last year, but Australia is still going strong in the PE fundraising front.

ING IM and Credit Agricole win $1.1b Philippine mandate

MICHAEL HOBBS  |  TUESDAY, 5 FEB 2008
ING Investment Management (ING IM) and Credit Agricole Asset Management (Singapore) beat 36 global fund managers and custodians to manage the Philippine Government Service Insurance System's $1.1 billion global asset mandate.

Green light on First Home Saver

The new government has delivered on its key election promise of addressing housing affordability when it established the 'First Home Saver Account' - a package of tax concessions and government contributions to help young Australians and low income earners ...

Power up on low emission stocks

MICHAEL HOBBS  |  TUESDAY, 5 FEB 2008
Fundamentally sound low-emission utility stocks represent good value following stock market corrections, according to Bakers Investment Group.