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Financial Planning

McMaster takes hands on role in the Money Managers dealer group

Melbourne based financial planning group The Money Managers has appointed past Financial Planning Association chair Wes McMaster as its chief operating officer as part of its expansion plans.

QIC suspends two managers

QIC has restructured its $11.3 billion international equities fund - the QIC International Equities fund - which has resulted in a suspension of its US equity mandate with Deustche Asset Management and Japanese equity mandate with Martin Currie Investment ...

Sunsuper's equity review appoints two new managers

The $5.7 billion Sunsuper fund has appointed Balanced Equity Management (BEM) and WestLB Asset Management (WestAM) following a review of its Australian equities sector.

Commonwealth splits CFS business into investments and products

The Commonwealth Bank has ended speculation surrounding its wealth management business, Colonial First State (CFS), with the announcement that it has split the investment management and product development functions of the business.

CUSCAL on track for 20 per cent profit growth

AAP  |  FRIDAY, 25 FEB 2005
Credit Union Services Corporation (Aust) Ltd (CUSCAL) the peak representative body for Credit Unions has posted a strong first half result and says it is likely to reach its 20 per cent profit growth target for the year.

Survey reveals funds not so super with web services

As funds poise to differentiate themselves in the coming choice environment, a recent KMPG survey has revealed over 35 per cent of public offer funds do not provide adequate web based services to its members.

ASIC moves against misleading advertising

ASIC has acted against misleading advertising by accepting an enforceable undertaking from Mortgage Point in response to the regulators concerns in 2001 that the mortgage broker included misleading statements in its promotional brochures.

Strategy rethink pays off for Suncorp

Financial services company Suncorp announced a record profit of $413 million for the six months to end December partly buoyed by a 16.7 per cent increase in wealth management division profit.

Asgard wins two more accounts for corporate superannuation

Asgard has another two clients on its superannuation platform with PeopleSoft Australia and Moran Health Care Group signing up to use the service.

Mercer acquires Mellon Australian HR and Investor Solutions business

Mellon Financial Corporation has agreed to deal exclusively with Mercer Human Resource Consulting in regards to the sale of its Human Resources and Investor Solutions (HR&IS) in Australia that provides superannuation administration, retirement consulting ...