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Financial Planning

Morningstar has concerns over Portfolio Partners' high stock turnover

Morningstar Research has awarded the investment strategy of the Portfolio Partners High Growth Shares fund an 'investment grade', commending the fund for its performance but harbouring concerns over the high turnover of stocks associated with the fund.

Wealthtrac signs up Lincoln Indicators

Wealthtrac have snared another client with Lincoln Indicators choosing the platform to distribute their Lincoln Indicators Australian Share Fund.

SEALCORP throws support behind new dealer group IRIS

SEALCORP has entered into a partnership with newly created independent dealer group IRIS Financial Group.

Mellon explores local transition management opportunities

Mellon Global Investments is looking at establishing a transition management business in Australia.

ASIC alerts super fund members about large exit fees

A recent review of the extent and nature of superannuation exit fees conducted by ASIC has found at least 550,000 Australians are members of superannuation funds that may charge substantial exit or termination fees when members attempt to move their ...

Russell expands member service for its choice solution

In response to growing employer demand for broader superannuation services Russell Investment Group has appointed US communications and member services specialist Heather Dawson to the new role of managing director of Russell's Member Services.

Aurora teams up with agricultural manager Environinvest

Aurora funds manage has entered into a distribution mandate with Melbourne based agriculture manager Environinvest to market and distribute three agricultural managed investment schemes.

IFSA claims superannuation fees down but debate fires up

The Investment and Financial Services Association (IFSA) has released figures and analysis claiming that superannuation fees and charges have fallen across the industry and the price differences between some retail and industry funds is very close.

BT Governance Service wins Emergency Services Super mandate

Emergency Services Super has awarded its $1.5 billion governance mandate to BT Governance Advisory Service (GAS).

Challenger gets HSBCAM for $21.9m

Challenger Financial Services has this morning announced the acquisition of HSBC Asset Management for $21.9 million.