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Financial Planning

Portfolios not adjusted for downturn

CHRIS NICHOLLS  |  MONDAY, 24 SEP 2007
Despite recent turmoil in credit markets flowing into equities, investors have been slow to alter their portfolios to match, according to Merrill Lynch's Survey of Fund Managers for September.

MLCIC wins $600m mandate

CHRIS NICHOLLS  |  FRIDAY, 21 SEP 2007
MLC Implemented Consulting (MLCIC) has won a $600 million mandate from health insurance provider HCF to advise on and implement the group's investments.

Green fund for the mainstream

MICHAEL HOBBS  |  FRIDAY, 21 SEP 2007
Former US vice president Al Gore made a flying visit to Australia to officially launch the Generation Global Sustainability fund, a new product that suits investors who want to invest in a green fund with a slightly different twist.

ING revamps corporate and SME super

MICHAEL HOBBS  |  FRIDAY, 21 SEP 2007
ING Australia has made sweeping changes to its corporate and small to medium size enterprises (SME) super products including extended income protection cover, capped fees and a user-friendly PDS.

Lending practices lack clarity

Should non-conforming lenders conform? A parliamentary inquiry into mortgage lending practices has prompted leading accounting firm Deloitte to call for more transparency and disclosure in the lending industry.

Testamentary trusts under review

MICHAEL HOBBS  |  THURSDAY, 20 SEP 2007
Testamentary trusts or funds set up in a person's will are a great way to ensure assets go to their rightful beneficiaries but the problem is these trusts are poorly understood.

AXA survey dispels retiree myth

MICHAEL HOBBS  |  WEDNESDAY, 19 SEP 2007
The latest AXA retirement study has found that three out of four retirees who described themselves as defensive investors actually wanted a more aggressive investment strategy with a bias towards growth assets.

Aussie LPTs top of the pops

CHRIS NICHOLLS  |  WEDNESDAY, 19 SEP 2007
Investors who put money in Australian listed property nearly three decades ago can quietly pat themselves on the back, with Russell research showing the category outperformed all others over the last 26 years.

Fin Wisdom shuffles team

CHRIS NICHOLLS  |  TUESDAY, 18 SEP 2007
Financial Wisdom Premium's Victorian and Tasmanian regional manager, Tim Van Leeuwen, has become national operations manager, after previous head Matthew Brown took on additional responsibilities at Colonial First State.

Diversification under the microscope

MICHAEL HOBBS  |  TUESDAY, 18 SEP 2007
With easy money gone following the sub-prime fallout, an industry expert has urged investors to re-assess how diversified their investment portfolios are and whether they can withstand further market volatility.