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Financial Planning

Mortgage stress hits record levels

More than 100,000 households are at risk of defaulting on their mortgages or selling their property within the next six months following today's interest rate rise.

IWL enters MA ring

CHRIS NICHOLLS  |  WEDNESDAY, 7 NOV 2007
IWL has entered the increasingly crowded managed accounts space with its new portfolio administration and tax reporting system, Virtual Broker Wrap.

Emerging markets a safe bet: Mobius

CHRIS NICHOLLS  |  WEDNESDAY, 7 NOV 2007
Fundamental improvements to emerging markets mean they are no longer the high risk, unstable economies they used to be and ripe for investment, according to Templeton Asset Management's executive chairman Mark Mobius.

Fin planning uptake doubles

MICHAEL HOBBS, MICHELLE BALTAZAR  |  TUESDAY, 6 NOV 2007
The number of people who fully follow their planner's advice have doubled compared to last year but the industry still has a long way to go, according to a new survey.

Assets growth kills alpha: State Street

CHRIS NICHOLLS  |  TUESDAY, 6 NOV 2007
Assets under management (AUM) growth can have a significant impact on alpha generation unless models are altered to deal with capacity issues, according to State Street Associates vice president Simon Myrgren.

MLC tailors critical illness underwriting

MICHAEL HOBBS  |  TUESDAY, 6 NOV 2007
MLC has strengthened its underwriting business by creating the Critical Illness-Special Risk tool and by hiring additional experts to help advisers.

Mariner ups stake in German property

CHRIS NICHOLLS  |  TUESDAY, 6 NOV 2007
Mariner Financial has added more than 30 per cent to its current real estate platform with the acquisition of two properties in Gotha, Germany for A$52(€33) million.

Super switchers fall

CHRIS NICHOLLS  |  MONDAY, 5 NOV 2007
The number of investors switching funds has continued to decline, with only 3.7 per cent of investors switching in the March quarter and only 3.3 per cent in the June quarter, according to a new Roy Morgan report.

Evans & Partners selects Praemium

MICHAEL HOBBS  |  MONDAY, 5 NOV 2007
Melbourne based investment advisory, Evans & Partners, has chosen Praemium to provide front and back office software solutions.

Adviser ban after Westpoint

MICHAEL HOBBS  |  FRIDAY, 2 NOV 2007
The Australian Securities and Investment Commission (ASIC) has banned NSW-based financial adviser, Andy Shen-En Chen, from providing financial advice for five years after recommending Westpoint to clients.