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Financial Planning

Super choice overwhelms women

CHRIS NICHOLLS  |  FRIDAY, 10 AUG 2007
An all-female panel of key industry and government figures told the audience at this year's FEAL National Conference that many women suffer from 'analysis paralysis' due to the number of superannuation products in the market today.

DKN buys stake in UPA

Yet to finalise its deal with Lonsdale Financial Group, DKN continues on with its expansion plan when it bought a minority stake in UPA Financial Solutions.

Westpac to list wealth management arm

Westpac has announced plans to partially float the investment management business of its subsidiary BT Financial Group, one of the largest fund managers in the country with $40 billion in assets.

The miseducation on research

ALEX DUNNIN  |  THURSDAY, 9 AUG 2007
Fallout from recent high profile collapses among property-based investment groups such as Westpoint, Fincorp, ACR and Bridgecorp, and now with Basis Capital, highlights that investors sometimes don't quite understand the role research plays in helping ...

CBA launches new instalment product

CHRIS NICHOLLS  |  THURSDAY, 9 AUG 2007
The Commonwealth Bank (CBA) has launched its latest regular instalments product, IYH, giving investors and trustees of Self-Managed Super Funds an opportunity to build their share portfolio without paying for all the securities up front.

Advisers post record growth

ALEX DUNNIN  |  WEDNESDAY, 8 AUG 2007
There are 1,500 more advisers operating in Australia than this time last year, the biggest jump in nearly four years, according to research from Rainmaker.

QWL sets sights on Eastern Europe

ALEX DUNNIN  |  WEDNESDAY, 8 AUG 2007
QWL has launched a fund targeting high growth in Eastern Europe, hoping to take advantage of the region's improving integration within the European Union.

VFMC gets centralised

CHRIS NICHOLLS  |  TUESDAY, 7 AUG 2007
The Victorian Funds Management Corporation (VFMC) has appointed Vanguard to manage their new Centralised Portfolio Management (CPM) system.

Labour calls for fin services tax reforms

Chris Bowen, Labor's Shadow Assistant Treasurer, has said that a Labor Government would introduce tax reforms to help Australia become the centre of funds management in Asia.

Income does not drive wealth: ABS

ALEX DUNNIN  |  MONDAY, 6 AUG 2007
New figures just released by the Australian Bureau of Statistics (ABS) confirm that people with the highest incomes are not the ones with the most wealth.