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Financial Planning

Insurance maybe the key factor to Choice

The Investment & Financial Services Association (IFSA) believes the quality of death and total and permanent disability (TPD) insurance coverage could be as big a factor for superannuation fund members to consider, when selecting a fund under the Choice ...

Australian Wealth Management posts modest debut results

Australian Wealth Management (AWM) has posted a $113,000 maiden net profit for the six months to March 31, in line with forecasts set out in its scheme book prior to listing.

APRA issues tough new board proposals

The Australian Prudential Regulation Authority (APRA) has released tough new draft prudential standards and a discussion paper on proposed governance arrangements for APRA-regulated institutions.

Citigroup yields to structured investments

Citigroup is set to begin its "Equity First" campaign developed to increase awareness of its equity structured products including the launch of a structured equity investment vehicle providing risk averse investors access to the Asian market.

Perennial aids Emergency Services cash investment

Perennial Investment Partners has won a $200 million mandate to manage the Emergency Services Superannuation (ESS) cash enhanced investment.

Morningstar admires IOOF's distinctive approach

Morningstar Research has awarded the IOOF Multi-manager Australian Equities fund's strategy a 'recommended' grade on the strength of its approach to investing, sensible manager line up and relatively cheap ongoing expenses.

ASIC amends stance on wholesale foreign financial service providers

The Australian Securities and Investments Commission (ASIC) has revised its policy document covering the relief it will grant to wholesale foreign financial service providers (FFSP) who are monitored by international regulatory bodies from the financial ...

CFS JVs with Acadian

Colonial First State (CFS) has announced an agreement with Boston and Singapore-based Acadian Asset Management to establish an Australian-based joint venture.

Industry funds strike back at FPA

Industry Funds Services (IFS) head Garry Weaven has hit back at accusations by the Financial Planning Association (FPA) that fee claims in an industry super funds advertisement were incorrect.

Morningstar pessimistic about ING Property Securities Trust

Morningstar Research has downgraded its rating of ING's Wholesale Property Securities Trust from 'investment grade' to 'hold' amid the fund's poor performance, high fees, and changes to its investment team.