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Financial Planning

Record Realty capital raising

AAP  |  TUESDAY, 9 NOV 2004
Listed property fund Record Realty today said it would raise $58 million in capital to expand production and repay debt.

New venture delivers mortgage funds

Two new income funds will be offered to retail and wholesale investors through a joint venture between the James Fielding Group and Balmain NB.

Higher and higher for Australian shares

Growth oriented superannuation funds continued to thrive on the back of another month of strong performance by the Australian share market.

ASIC paves way to better retirement

ASIC has released five free fact sheets to explain the main features of different retirement income stream products in simple terms to assist consumers to plan for their retirement.

St George's Ascalon invests in rising fund management star

St George owned Ascalon Capital Managers has acquired a 46 per cent stake in Alleron Investment Management.

Succession planning key issue for strata management industry

Research commissioned by Macquarie Bank has revealed that the strata management industry is set for a change with nearly 50 per cent of principals planning to sell all or part of their businesses in the next three to five years.

Fiducian Australian Shares Fund bolstered

Fiducian Portfolio Services has appointed value style manager Constellation Capital Management to its Australian Shares Fund to enhance the fund's equity strategy.

New principal member for FPA

The Financial Planning Association (FPA) has increased its total number of principal members to 586 after newly formed financial adviser KPMG Private Wealth joined the list.

ComSuper picks Acurity

ComSuper, the administrator for public service and defence force superannuation schemes, has chosen the Acurity computer system to support the operation of the Public Service Superannuation (PSS) accumulation plan.

New refinements for MLC's Australian share strategy

MLC has changed it manager multi-manager Australian share strategy by terminating CSAM and appointing two new managers including Balanced Equity Management and Wallara Asset Management.