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Financial Planning

SG at 9 per cent is enough: Watson Wyatt

A new study has dismissed calls that the current 9 per cent superannuation guarantee (SG) is not enough to fund retirement, saying the obsession around SG levels diverts the attention away from more realistic solutions to resolve the nation's purported ...

Virgin conquers web

Virgin Super has enjoyed a 30 per cent increase in new customers in less than six months thanks to its online strategy.

Cbus members snap up increase in cover

Industry fund Cbus' strategy of ramping up the insurance cover of members is proving to be a big hit with more than 99 per cent of eligible members saying yes to the initiative.

SME board to place $50 million this year

ALEX DUNNIN  |  WEDNESDAY, 24 JAN 2007
A new company exchange for small to medium enterprises (SME) is on track to intermediate $50 million in placements this year.

Industry catches on to IFSA/FPA code

NICK OLIVER  |  WEDNESDAY, 24 JAN 2007
An assessment by the Financial Planning Association (FPA) and Investment and Financial Services Association (IFSA) has revealed almost universal compliance levels for the IFSA/FPA Joint Code of Practice on Alternative Forms of Remuneration, devised two ...

UK funds earn 8.8 per cent

ALEX DUNNIN  |  WEDNESDAY, 24 JAN 2007
Mellon Analytical Solutions (MAS) estimates that the average UK pension fund returned 8.8 per cent for the year ending 31 December 2006, the fourth consecutive calendar year of positive investment performance.

First SEQUAL approved broker

NICK OLIVER  |  WEDNESDAY, 24 JAN 2007
Western Australian mortgage broker Pauline Murray, of Horizon Mortgage Planners, has become the first Senior Australians Equity Release Association of Lenders (SEQUAL) accredited mortgage consultant in Australia.

Telstra Super surges past $10b

NICK OLIVER  |  WEDNESDAY, 24 JAN 2007
Telstra Super, Australia's largest corporate super fund, has announced it has broken through the $10 billion in funds under management mark.

Zurich expands super and allocated pension menus

HAMISH MADDEN  |  TUESDAY, 23 JAN 2007
Zurich Financial Services Australia has announced six new investment options available for the Zurich Superannuation Plan and Allocated Pension.

New exec team to drive AFA expansion

HAMISH MADDEN  |  TUESDAY, 23 JAN 2007
The Association of Financial Advisers (AFA) unveiled a new strategic initiative today with the formation of an executive committee of the board charged with driving new projects and initiatives for the AFA's growing membership.