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Financial Planning

AXA primed for strong growth

AAP  |  TUESDAY, 23 AUG 2005
AXA Asia Pacific Holdings Ltd expects to grow faster than its major financial services rivals in Australia for the foreseeable future.

Platinum builds IT platform with PlanTech

Platinum Group Financial Services has appointed the PlanTech Consulting Group's IT platform for its advisers.

Western Pacific buys more of MMC and Select

Adviser group Western Pacific has increased its stake in MMC Asset Management (MMC) and Select Asset Management (Select) with its next strategic move aimed at the insurance sector.

ASFA calls for super projections to assist 'under 40s' save

The Association of Superannuation Funds Australia (ASFA) has made a submission to the House of Representatives Standing Committee Inquiry into 'Improving the superannuation savings of people under 40' calling for superannuation funds to be granted permission ...

ASIC rubs out financial adviser

The Australian Securities and Investments Commission (ASIC) has imposed a permanent ban on Phillip Bates from providing financial services.

Mercer HR Consulting acquires Watson Wyatt NZ business

Mercer Human Resource Consulting has acquired Watson Wyatt's New Zealand business.

Disqualified super trustee upheld

The Administrative Appeals Tribunal (AAT) has upheld a decision by the Australian Prudential and Regulatory Authority (APRA) to disqualify John Preuss from acting as a superannuation trustee.

S&P to rate reverse mortgages

Standard & Poor's (S&P) has signalled its intentions to provide ratings information for reverse mortgage-backed securities (RVMBS) in the Australian and New Zealand markets.

Perpetual appoints new chairman and announces record profit

Perpetual Trustees Australia Ltd (Perpetual) has appointed Robert Savage to the role of chairman following the retirement of Charles Curran with the company also announcing a record operating profit after tax of $111.6 million.

NESS gets APRA licence

The superannuation fund for employees in the electrical and associated industries in NSW and the ACT, NESS, has obtained its Australian and Prudential Regulation Authority (APRA) licence.