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Financial Planning

CSS fraudsters appear in court

AAP  |  THURSDAY, 18 AUG 2005
Four men accused of conspiring to launder $150 million defrauded from a super fund for federal public servants have been granted bail in a Sydney court.

Mariner moves into private equity

Mariner has entered the private equity market establishing the subsidiary, Mariner Brand Capital Limited (MBC).

Pacific Equity Partners to purchase ASX Perpetual Registrars

Australia's second largest share register, ASX Perpetual Registrars, is to be sold to Australasian private equity firm Pacific Equity Partners (PEP) for a purchase price of $132 million.

S&P backs Allco Max securities

Standard & Poor's (S&P) has assigned a 'recommended' rating to mortgage backed securities provider, the Allco Max Securities and Mortgage Trust.

Investorweb restructures its research

IWL's research division Investorweb has amalgamated its traditional managed funds and alternative investment research teams appointing Angela Ashton to the new role of general manager - managed investments research.

REST teams up with Money Solutions to provide financial advice

The Retail Employees Superannuation Trust (REST Super) has partnered itself with Money Solutions to provide financial planning and educational services for its members.

James Fielding forestry portfolio expands into NZ

AAP  |  WEDNESDAY, 17 AUG 2005
The fund management arm of property group Mirvac says its sustainable energy fund plans to expand its forestry portfolio with a purchase in New Zealand for almost $100 million.

APRA punishes errant super trustees

The Australian Prudential Regulation Authority (APRA) has taken action against two former trustees of the Tunstall Bond Superannuation Fund forcing both trustees to compensate fund members for over $225,000 worth of entitlements, and having one trustee ...

Super funds call for better governance

A group of industry superannuation funds have called for better governance in managing conflicts of interest after research which revealed almost $6 billion of director-related business was conducted by Australian companies.

ASIC nabs planner and catches two directors

The Australian Securities and Investments Commission (ASIC) has brought fraud charges against a former National Australia Bank (NAB) adviser and two directors of a financial services company.