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Financial Planning

Deutsche offers its next Nexus instalment

Deustche Bank has released its latest collateralised debt obligation (CDO) offering, Nexus4 Topaz Notes targeted to the retail sector.

ASIC bans Queensland advisor

The Australian Securities and Investments Commission (ASIC) has banned a Queensland financial advisor from providing any financial services.

Industry funds kick off choice campaign…

Industry superannuation funds have kicked off their own marketing campaign ahead of the start of choice claiming working Australians could have at least $420 billion more in retirement savings through the use of industry funds rather than other funds.

…as Minchin denies union funds attack

AAP  |  MONDAY, 23 MAY 2005
Finance Minister Nick Minchin has denied the Government's new choice of superannuation laws were motivated by an attack on union dominated super funds.

Paragon rebrands, goes insto

Paragon Asset Management has rebranded as Austock Asset Management and expanded into institutional funds management with its domestic equities capability.

Perennial scores another mandate win

The $US589 billion Northern Trust Global Investments (NTGI) fund has appointed Perennial Investment Partners to manage its Japanese equities mandate.

AMP over crisis, Wilcox to step down

AMP chairman Peter Wilcox announced his retirement and a proposal to return $750 million to shareholders at yesterday's annual general meeting.

Gov to refine FSR by year end

The Federal Government hopes to have in place its refinements to the Financial Services Reform (FSR) Act by the end of the year, Parliamentary Secretary to the Treasury Chris Pearce told an IFSA member lunch yesterday.

Macquarie in talks with Coin Software

Macquarie Bank has confirmed it is in talks with financial planning software provider Coin Software with regards to its acquisition but Coin Software founder and head Darren Pettiona says acquisition is only one of a number of commercial matters the ...

Hostplus gets an APRA licence

Hostplus is the latest industry fund to receive a registrable superannuation entities (RSE) licence granted yesterday from the Australian Prudential Regulation Authority (APRA).