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Financial Planning

ASFA slams government's proposed tax law amendments

The government's proposed Tax Laws Amendment (Superannuation Reporting) Bill 20004 to abolish quarterly reporting by employers of superannuation payments could jeopardise the safety of super said ASFA.

Four Stars awarded to Challenger: Morningstar

Morningstar has given Challenger a four star rating in its latest assessment of the institution's investment team and strategy

Morry's best of breed

Morningstar has given Australian share portfolio BGI a highly recommended rating stating the strategy remains one of the best of its breed and lead manager Morry Waked and his team employ proven methods in picking winning stocks.

Another mandate win for Perennial

The Australian Primary Superannuation Fund has appointed Perennial Investment Partners to manage its fixed interest mandate, an $80 million Australian Core Plus mandate.

Multi-manager investing on the rise

The Cerulli Quantitative Update: Global Multi-manager Products 2004 report has indicated the use of multi-manager asset management products will continue to gain worldwide popularity.

Morningstar concentrates on Bernstein's outperformance

Morningstar has recommended an investment grade to Bernstein's strategy. While the fund's value strategy was launched successfully Morningstar has reservations with the concentrated nature of its outperformance.

Man convicted over early release super scheme

The Queensland District Court has sentenced Timothy Barritt to four years imprisonment, to be released immediately on a $3,000 good behaviour bond for five years on two counts of providing false and misleading documents, and a 12 month gaol term to be ...

Navigator offers more choice

Navigator has included eight additional funds available for investment across a number of asset classes via its Personal Investment Plan and Personal Retirement Plan.

Perennial builds new equities mandate

The Queensland Building Union Superannuation Scheme (BussQ) has awarded Perennial Growth Management a $50 million growth style Australian equities mandate.

Health Super board dissolved and restructured

The $4 billion Health Super fund has dissolved its board members in favour of union and employer association appointed trustee directors.