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Financial Planning

IFSA names three for industry excellence

ALEX DUNNIN  |  TUESDAY, 14 AUG 2007
Asteron's Gerard Kerr, Colonial First State Investment's Philip Barlin and QIC's Angela Keane have been awarded the coveted Industry Excellence awards from the Investment and Financial Services Association (IFSA).

Platforms divided on shelf space fees

CHRIS NICHOLLS  |  TUESDAY, 14 AUG 2007
Industry reaction to the recent joint parliamentary committee report on the superannuation industry has been mixed, with shelf space fee-charging operators against the proposals while others sided with the report.

MetLife and Challenger finalise deal

Following delays, MetLife Insurance has finally received court approval to transfer its annuity and pension business to Challenger, effective end of this month.

Capital protected funds in demand

Citi and JPMorgan have launched new products designed for retail investors who want to continue buying equities, despite the ongoing credit-led market fallout, as long as their initial capital is protected from any further market downswing.

Governance key to improving returns

CHRIS NICHOLLS  |  MONDAY, 13 AUG 2007
Improved governance, risk management and alignment of interests, not investment beliefs, scale and efficient implementation, are key to significantly improving investor returns, according to FuturePlus chief investment officer Terry Newson.

CommunityCPS launches charity foundation

ALEX DUNNIN  |  MONDAY, 13 AUG 2007
Financial institutions in Australia routinely celebrate their wealth and profit results but more are trying to harness this to drive community marketing initiatives and charity foundations.

AFA soft skills forum attracts 600

ALEX DUNNIN  |  MONDAY, 13 AUG 2007
The soft skills traveling forum conducted by the Association of Financial Advisers (AFA) last month attracted more then 600 advisers and delegates throughout Perth, Sydney, Adelaide, Hobart, Brisbane and Melbourne who heard how they can develop their ...

US securitisation provisions cost Mariner Bridge

WWW.THESHEET.COM  |  FRIDAY, 10 AUG 2007
Mariner Bridge yesterday announced a full year net profit of $4.1 million, offset by a $10.4 million provision for the company's investments in the US securitisation market.

Advance Asset addresses Boston Co staff departures

It will be business as usual for the team in charge of Advance Asset Management's international shares funds despite the departure of seven key members of Boston Company Asset Management (BCAM), said James Gruver, head of Mellon Global Investments Australia.

DKN to wrap up $120m Zurich deal

DKN has announced it will buy Lonsdale Financial and the platform administration services of Zurich Financial, a dual deal that creates a combined business with around $8 billion in funds under advice (FUA).