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Financial Planning

Morningstar Research now suing parent

A new development in the legal battle between Morningstar Inc and its Australian and New Zealand founder and former chief executive has seen the Supreme Court of NSW allow Rich to incorporate a claim on behalf of Morningstar Research within his action ...

ASIC issues guidance about general financial advice

The Australian Securities and Investments Commission (ASIC) has issued guidance to advisers to assist them with complying to certain financial product advice provisions set out in the Corporations Act 2001.

New A$400 million Centro property syndicate

Centro Properties Group has launched a new retail property syndicate with a portfolio of A$400 million centred around food and convenience type stores from 30 properties across eight states on the US East Coast.

S&P has a strong belief in K2AM

Standard & Poor's (S&P) have given K2AM's capabilities in the Australian shares -hedge fund sector a 'strong' rating.

Future bright for investment management industry

AAP  |  THURSDAY, 4 AUG 2005
The outlook for the investment management industry in Australia remains positive with expectations of more than 20 per cent growth in assets under management in three years times, according to a PricewaterhouseCoopers (PWC) survey.

Mercer assists advisers with super fund comparisons

Mercer Investment Consulting has launched a new service allowing financial planners to directly compare different types superannuation funds against each other across a variety of criteria.

Lonsec prefers HFA's hedge fund of fund strategy

Lonsec has given HFA's Diversified Investment Funds a 'highly recommended' rating saying the fund is currently its most preferred in the sector.

CARE Super posts strong returns

CARE super has posted strong investment returns with its balanced option outperforming the average balanced manager in the Mercer Pooled Fund survey by 1.2 per cent.

Macquarie's LPTs set to go from strength to strength

Macquarie Bank's Property Investment Management Division has released results for the year ended 30 June 2005 showing its range of listed property trusts (LPTs) produced an average return weighted by market capitalisation of 37.5 per cent.

ASIC releases super switching study results but FPA not satisfied

The Australian Investments and Securities Commission (ASIC) has released the findings of its assessment of financial advice to consumers wishing to change superannuation funds in the lead up to the introduction of choice of fund legislation.