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Financial Planning

Discipline the key for Challenger Smaller Companies fund

Morningstar research has awarded the Challenger Smaller Companies Wholesale fund a 'recommended' rating believing the manager's unwavering adherence to its investment strategy will allow the fund to outperform the market in the longer term.

IML highly recommended for the long haul

Morningstar has awarded a 'highly recommended' rating to both IML's Smaller Companies and Future Leaders strategies.

FPA refutes Virgin's view on planners

The Financial Planning Association of Australia (FPA) has come out in defence of financial planners in response to the negative comments Virgin Money aimed at the industry during the launch of its new superannuation offering.

Defensive assets take control as growth funds stall

Recent weakness in the markets favoured managers with more defensive asset allocation and share strategies states Intech's latest growth fund performance survey as growth funds posted their first month of negative returns since July 2004.

SIA and AIBF to join forces

The Securities Institute of Australia (SIA) and the Australasian Institute of Banking and Finance (AIBF) have announced their intention to merge in order to achieve better scale and positioning in the industry.

Unregistered investment scheme shut down

The Federal Court has granted orders allowing ASIC to appoint a liquidator to wind up an unregistered managed investment scheme promoted by George Peat.

S&P likes First Samuel's management and Australian shares offerings

Standard & Poor's (S&P) has given boutique manager First Samuel an Assirt rating of 'strong' in relation to the organisation's management, coupled with an Assirt rating of 'competent' for the manager's Australian shares products.

Choice of fund onus lies with consumer

Individuals may have 90 per cent of influence over investment outcomes leaving the rest of the of the investment industry as bit players once choice of fund regime comes into effect.

Study finds divorce significantly impacts wealth creation

AMP and the National Centre for Social and Economic Modelling (NATSEM) have put together a research report revealing divorce has considerable financial consequences on the parties involved, affecting not only disposable income but also longer term wealth ...

van Eyk gets iRate with property

In a bid to increase its property research offering on the iRate platform van Eyk has entered into a strategic alliance with property research group Managed Investment Assessments (MIA).