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Financial Planning

Sanford Securities signs St.George for margin lending

St.George Margin Lending has been added to the panel of preferred margin lending providers for IWL subsidiaries, the Australian Investment Exchange (AUSIEX) and Sanford Securities.

MacarthurCook expands investment portfolio

MacarthurCook Property Securities Fund (MPS) has expanded its investment portfolio; investing $9 million in unlisted funds managed by Australian Unity, Investa Group and Centro and has also increased its 2004/5 forecast earnings by 12 per cent.

BT slashes and streamlines fees

BT Financial Group has cut the ongoing fees charged on 52 of its wholesale and institutional investment funds.

Guild forms its own super fund

Guild Financial Services has decided to set up its own superannuation fund to best serve the interests of the members of GuildSuper.

Standard & Poor's reinstates ratings for AMP and Rubicon

Standard & Poor's has reinstated its ASSIRT ratings on AMP Capital Investors (AMPCI) Future Directions Funds (FDF) and Rubicon's Asian and Global Equities Funds.

Morningstar views United as a steady earner

Morningstar Research has awarded the United Sec Leaders Australian Equities multi-manager fund an 'investment grade' strategy rating expressing concerns that the fund manager is spreading its resources too thin and has selected too many submanagers for ...

AIST warns trustees on APRA licence deadline

The Australian Institute of Superannuation Trustees (AIST) has issued a warning to superannuation funds to get their Australian Prudential Regulatory Authority (APRA) license before the 30 June 2005 deadline saying industry funds will simply not be able ...

ASIC and APRA accept undertaking from AXA Australia staff plan

The Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) has accepted an enforceable undertaking from the trustee of the AXA Australia Staff Superannuation Plan in relation to the calculation ...

Industry funds in talks with ASIC over ads

Industry Fund Services (IFS) is in the process of scheduling 'urgent discussions' with the Australian Securities Investments Commission (ASIC) following the regulator's demand to pull its industry fund advertisements late last week.

Super supported but consumers confused

Assets held in superannuation climbed by 5.5 per cent for the March quarter to more than $434 billion but the complexity of the superannuation system was still causing problems for consumers.