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Financial Planning

Attitude determines financial altitude: Plum

Forget financial literacy. Leading superannuation advice specialist Plum found that attitudes to money are more critical than financial education when trying to get the message across.

Sunsuper launches free advice call centre

CHRIS NICHOLLS  |  WEDNESDAY, 11 APR 2007
Sunsuper has introduced a new member advice centre to provide free over-the-phone financial advice to members.

New Jersey Govt spends teachers' future fund

CHRIS NICHOLLS  |  TUESDAY, 10 APR 2007
The New Jersey Teachers' Pension and Annuity Fund seemed in dire trouble last week as it was revealed funds destined for retirement funding had been diverted to cover more immediate expenditure, in a theme echoing some of the recent debate around Australia's ...

Magnitude to grow FUA by 50 per cent

Magnitude Financial Planning has reached more than $1 billion funds under administration (FUA) and is set to gain an additional $500 million more in the next three months.

Centro growing US footprint

HAMISH MADDEN  |  TUESDAY, 10 APR 2007
Centro Properties Group (CNP) and Centro Retail Trust (CER) have succeeded in their $6.3 billion (US$5.0 billion) joint bid for US shopping centre owner and manager New Plan Excel Realty Trust.

Aussie reverse mortgages world's best

HAMISH MADDEN  |  TUESDAY, 10 APR 2007
The Australian reverse mortgage sector is in its infancy but our products have evolved so fast they lead the world, said Martin Lynch, director of reverse mortgages at ABN AMRO.

Adviser confidence way up: ING

CHRIS NICHOLLS  |  THURSDAY, 5 APR 2007
Adviser confidence has rocketed in the past year, according to an ING survey, with double the number of advisers bullish about growth prospects in the year ahead compared the the last year.

Unionised workers only half all industry fund members

ALEX DUNNIN  |  WEDNESDAY, 4 APR 2007
New research shows that industry funds are winning post-super choice, despite the Australian Bureau of Statistics (ABS) reporting that the proportion of private sector workers belonging to a union is only 15 per cent.

CGT overshadows Simpler Super benefits: Centric

CHRIS NICHOLLS  |  WEDNESDAY, 4 APR 2007
Anne-Marie Esler of Centric Wealth argues that while the new simpler super rules are a significant step forward, issues relating to capital gains tax (CGT) have been overlooked.

Fincorp failure burns 8,000 investors

Around 8,000 investors will either lose all their money or get back 30¢ in the dollar following the collapse of property group Fincorp.