Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Financial Planning

Bravura to acquire software developer

Financial software provider Bravura Solutions is set to acquire another software provider, the Tacit Group with the sale expected to be complete in early June 2005.

ING makes wholesale investment trusts more accessible

ING Australia has dropped both the minimum initial investment amount as well as the additional investment amount on all of its 16 wholesale trusts.

Colonial's small-cap strategy takes a nice stroll

Morningstar has given Colonial's Core small-caps strategy an 'investment grade' rating stating that this strategy is not encumbered with capacity issues and should stroll modestly over the medium to long term.

Macquarie opens sixth Fusion Fund series

Macquarie will launch the sixth offering in its Fusion Funds series with the funds due to remain open to initial investors for the month of June only.

Asteron chooses InfoComp in exclusive platform arrangement

Asteron the financial services subsidiary of insurance group Promina has replaced two administration platforms with InfoComp's Composer following an IT systems review.

CBA gets 452 Capital cut at last

Commonwealth Bank has finally acquired a 30 per cent stake in Peter Morgan's 452 Capital after initial negotiations broke down in March this year.

Navigator enters clearing house space

Navigator has launched an online clearing house facility to assist employers in the task of distributing contributions to a large number of superannuation funds they will potentially face once the choice of fund legislation is introduced on 1 July 2005.

DSTi signs first UK wrap provider

DST International (DSTi) has signed UK company Lifetime Group as the first user of its wrap service, HiWealth, in the UK.

CPA advises caution on super choice

CPA Australia is the latest organisation to join the call for caution with regards to choice of superannuation fund legislation.

Zurich gives ASIC and APRA enforceable undertaking

The Australian Securities and Investments Commission (ASIC) and the Australian Prudential Regulation Authority (APRA) have both accepted an enforceable undertaking from Zurich Financial Services Australia (ZFSA) and its fully owned subsidiary Zurich ...