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Financial Planning

Russell revamps mastertrust offerings

Russell Investment has added three new high growth multi-manager options and a range of passive strategies following a review of its Supersolution Mastertrust investment choices increasing its investment options from 12 to 20.

Macquarie finds new partner for financial services franchise

AAP  |  MONDAY, 9 MAY 2005
Macquarie Bank Ltd and Godfrey Pembroke Mount Waverley have teamed up to found a new financial services business.

Tower finalises top team with PIS MD

Tower Limited has named Professional Investment Services (PIS) managing director Grahame Evans as its chief executive officer for investments in Australia.

New Perpetual business scores local and Irish win

Irish Life, the largest distributor of pensions and investment products in Ireland has appointed Perpetual Trustees' new global equities business, PI Investment Management (PIIML), as an external manager.

Centro slashes investment limits on direct property fund

Centro Properties Group has dropped the minimum investment on its Centre Direct Property Fund (DPF) by $200,000 to $50,000 in order to broaden investor access to the product.

Morningstar selects best large-cap strategies

Morningstar's assessment of 45 large-cap Australian shares strategies has found BGI, GMO, Investors Mutual, Perennial Value and Perpetual to have the best strategies, all of which were awarded a 'highly recommended' rating.

New head of investment consulting for Russell

In response to the departure of its co-head of investment consulting Paul Laband to Unisuper, Russell Investment Group has announced that director of investment consulting David Hartley will now become the sole head of Russell's investment consulting ...

ASFA foreshadows a super friendly budget

The Association of Superannuation Funds of Australia (ASFA) has indicated the 2005 budget to be handed down on 10 May could contain several positive superannuation initiatives for consumers.

UniSuper makes corporate governance appointment

The $14.8 billion UniSuper fund has made two key appointment with independent consultant Helga Birgden named as governance and sustainable investments manager while Russell co-head of investment consulting Paul Laband takes on the new position of head ...

STA and ARF agree on merger

The Superannuation Trust of Australia (STA) and the Australian Retirement Fund (ARF) have announced an in-principle agreement to merge their two funds to create a $13 billion fund.