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Financial Planning

MLC takes new offer to licensees

MLC Licensees will meet with the advisory boards of its self-employed advice businesses - Godfrey Pembroke, Apogee, Garvan and MLC Financial Planning - over the next two weeks to seek their approval of its new licensee offer.

Mercer adds to its multi-manager

Mercer's multi-manager business, Mercer Global Investments (MGI) has beefed up its investment products range offering seven new options under the "Mercer Plus" brand.

Australian Unity gets HOT for Intech

Australian Unity Investments (AUI) has replaced its existing international share fund for Intech's International Shares High Opportunities Trust (HOT).

BT unveils new structures and roles for senior executives

BT Financial Group has completed a reorganisation of its structure from shifting from a functional focus to discrete business units.

STA urges employees to check super contributions

AAP  |  FRIDAY, 1 JUL 2005
From today, employees are responsible for checking that their employer makes the correct superannuation payments, the Superannuation Trust of Australia (STA) says.

New office property trust from MacarthurCook

MacarthurCook has launched a new open-ended specific property trust for smaller institutional investors and retail investors.

Equipsuper goes public

Equipsuper has become a public offer superannuation fund as of 1 July 2005 to coincide with the first day of the choice of fund environment.

Aviva badges deal with HBOS

The insurance and investment arm of HBOS Australia, St Andrews will be using a badged version of Aviva's Navigator investment platform to administer its clients investments.

Third operator of early release super scheme punished

The Australian Securities and Investments Commission (ASIC) has obtained Federal Court orders against Raymond Heard, the third operator of early release superannuation schemes that illegally freed up over $3.5 million of Australian superannuation benefits.

Orbis launches local fund

Orbis Investment Management has signed up Equity Trustees as trustee for its first locally based fund - Orbis Global Equity Fund.