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Financial Planning

Employees indicate mystery still surrounds Choice

A survey conducted on behalf of TWUSuper has revealed consumers remain unclear about the implications of the new choice of fund environment.

ORBITS now suitable for super funds

Aegis has recommended the Credit Suisse ORB Investment Traded Securities (ORBITS) suitable for superannuation funds as part of its Superannuation Investment Review (SIR).

Mercer grows advisory team

Mercer Wealth Solutions has chosen Richard Carey to join its financial advisory team in the capacity of financial adviser and associate of the firm.

BNB and ABN Amro join forces to tackle infrastructure

Babcock and Brown (BNB) has expressed its interest to enter into a joint venture with ABN Amro to initiate new infrastructure projects as well as complete existing ones currently in progress.

Super surcharge finally abolished in new Senate

Legislation to abolish the superannuation surcharge has now been passed in the new Senate.

Industry fund survey reveals employers yet to choose default fund

A poll released by industry fund STA Super has revealed 20 per cent of employers have not yet chosen a default fund with 36 per cent saying their level of understanding of changes to superannuation was little.

Navigator changes tax treatment to boost super returns

Navigator will now allow the members of its superannuation products to maximise their returns through a change to its tax deduction timing.

Another win for Bridges against the taxman

Bridges Financial Services has won its legal battle against the New South Wales Office of State Revenue (NSW OSR) regarding its payroll tax assessment in the New South Wales Supreme Court.

Morningstar places BT Listed Property on 'hold'

Morningstar has placed BT's Listed Property on 'hold' following the departure of head of property securities Antoinette Plater.

Macquarie LPT buys into booming US retail market

A Macquarie Bank listed property trust (LPT) has taken a major stake in the US retail property market capitalising on growing opportunities in the market.