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Financial Planning

Mercer multi-manager is more tax savvy

MICHAEL HOBBS  |  THURSDAY, 6 SEP 2007
Mercer Global Investments raises the stakes in after-tax investing after it shifted $2.5 billion of multi-manager mandates into fund managers that are more tax-conscious.

IOOF plays fair with fee discounts

CHRIS NICHOLLS  |  THURSDAY, 6 SEP 2007
IOOF has opened the door to offer its fee aggregation discount service to same-sex couples.

ING launches SMSF kit

CHRIS NICHOLLS  |  WEDNESDAY, 5 SEP 2007
ING has launched a new self managed super fund (SMSF) starter kit, called ING DIY Super Service, to help individuals establish and manage an SMSF with an adviser's help.

AMP SignatureSuper gets personal

ALEX DUNNIN, MICHAEL HOBBS  |  TUESDAY, 4 SEP 2007
AMP Corporate Superannuation, riding on the success of its top-rated SignatureSuper corporate platform, is launching a Personal Allocated Pension for customers who want a sharper deal on fees and forego the "advice option".

Customer satisfaction is a measure of indifference

Bankers on a panel at a conference in Sydney last week were asked what value they got from customer satisfaction surveys, two of which had just been released.

ADPIA lobbies for fin literacy

MICHAEL HOBBS  |  TUESDAY, 4 SEP 2007
A property association representing $20 billion of investor assets has joined the industrywide call for better investor education after thousands of mum-and-dads lost $1 billion on high yield but high risk investment products.

Scalable laws could protect property finance investors

ALEX DUNNIN  |  TUESDAY, 4 SEP 2007
More regulation in itself may not be the answer to avoiding future property group collapses, but better structured and scalable regulation might be, said the Institute of Actuaries of Australia (IAA).

CommInsure in $1.2b insurance bonanza

Commonwealth Bank-owned insurance giant CommInsure will reward around 40,000 of its clients with $1.2 billion in extra life insurance cover under a new loyalty bonus scheme.

MFS bumper year after restructure

CHRIS NICHOLLS  |  MONDAY, 3 SEP 2007
It has been a busy year for property investor and developer MFS Group which announced a net profit of $13.4 million for the year to 30 June 2007, beating its May 2007 earnings per security (EPS) forecast by 124 per cent.

World's biggest fund eyes Aus resources

CHRIS NICHOLLS  |  FRIDAY, 31 AUG 2007
China's newly created state-owned investment company could soon start targeting Australian mining companies to shore up the country's resource supplies, according to AMP chief economist Shane Oliver.