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Financial Planning

Bravura to provide consulting service with new team

Financial software business Bravura Solutions will launch a strategic consulting practice with a team of consultants poached from competitor Financial Synergy.

Morningstar launches next phase of its Adviser workstation platform

Morningstar has launched the next module of the Adviser workstation research and portfolio management platform - Clients and Portfolios.

HFA Octane Series 2 rated 'investment grade'

Standard & Poor's (S&P) has given the newly launched HFA Octane Series 2 fund an Assirt 'investment grade' rating.

Clearview and MBF Life agree to correct unit pricing errors

Clearview Life Nominees and MBF Life, in cooperation with the Australian Prudential Authority (APRA) and ASIC, have both agreed to correct errors pertaining to the unit prices of some life insurance and superannuation products.

van Eyk revamps Blueprint's international managers

van Eyk has made changes to its Blueprint international manager line up adding the Macquarie Walter Scott Global Equity fund and dropping the Wellington Global Research Equity portfolio following its recent downgrade of the investment manager.

Government steps up its super co-contribution campaign

The federal government has launched a national advertising campaign to promote its superannuation co-contribution scheme announced in last year's budget.

ASIC moves to protect investors in high-yield scheme

The Supreme Court of Queensland has granted interlocutory orders preventing Shane Hoy from making statements about a high-yield investment scheme.

AMP Capital sizes-up SMSFs

AMP Capital Investors has launched a research report on the self managed superannuation fund (SMSF) market which it will use to further tailor retail investment opportunities to meet the requirement of SMSF trustees.

Eight year gaol sentence for former financial adviser

The District Court of New South Wales has sentenced John Higgins to eight years gaol with a non-parole of five years after the former financial adviser was found to have misappropriated over $1.7 million of clients' funds.

Navigator beefs up menu while dropping one fund

Navigator has expanded its investment options for its Personal Investment Plan and Personal Retirement Plan while removing the Dresdner RCM International Equities fund from the list.