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Financial Planning

Hong Kong's millionaire factory

MICHAEL HOBBS  |  FRIDAY, 2 NOV 2007
Hong Kong's rich list is set to explode after a Datamonitor study found the number of millionaires (those with more than $US1 million) is predicted to increase by 32,000 by 2011.

Aviva offers home loan discounts

CHRIS NICHOLLS  |  THURSDAY, 1 NOV 2007
Aviva has partnered with Wizard Home Loans to offer Navigator Business Super plan members a $0 application fee on Wizard's Smart Choice Variation home loan.

Taggart partners with Zurich to reach home-based business

ALEX DUNNIN  |  THURSDAY, 1 NOV 2007
The Taggart Group has partnered with Zurich to distribute general and life insurance products to home-based business throughout Australia via a direct distribution website.

OneCare works

MICHAEL HOBBS  |  THURSDAY, 1 NOV 2007
From being one of the bottom-performing retail insurance providers four years ago, ING Australia has made a comeback.

Aurora to list buy-write income trust

CHRIS NICHOLLS  |  WEDNESDAY, 31 OCT 2007
Aurora Funds Management has launched their initial public offering (IPO) for their Infrastructure Buy-Write Income Trust.

Equities without borders

CHRIS NICHOLLS  |  WEDNESDAY, 31 OCT 2007
The demarcation lines between international and local equities will soon disappear, according to Schroders' head of Australian equities, Martin Conlon.

BT Financial and Westpac launch all-in-one super

MICHAEL HOBBS  |  TUESDAY, 30 OCT 2007
A month after BT Financial Group chief executive Rob Coombe challenged the industry to find better ways to engage the public on the retirement savings debate, the group and Westpac have introduced sweeping changes to the way BT provides superannuation-related ...

MLC reduces SOA burden

MICHAEL HOBBS  |  TUESDAY, 30 OCT 2007
It's not quite wafer thin but MLC has reduced its Statement of Advice (SoA) templates by more than two-thirds shortly after the introduction of the 'Incorporation by Reference' legislation.

ING IM tailored to suit

ING Investment Management has restructured its existing management team to cater for recent developments in the investments industry, particularly growing institutional demand for alpha/beta-specific strategies.

ME quadruples fixed income FUM

CHRIS NICHOLLS  |  TUESDAY, 30 OCT 2007
Members Equity Bank has quadrupled its fixed income product funds under management (FUM) in the last four years, according to financial information manager Tom Bekiaris.