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Financial Planning

Rothschild Australia sells Golden Arrow Funds

N M Rothschild & Sons Australia (Rothschild Australia) has sold Golden Arrow Funds (Funds), the investment fund made up of Golden Arrow Fund and LinQ Resources Fund (LinQ) with approximately $70 million under management, for an undisclosed amount.

Second chance to invest in Citigroup's Income Plus Trading Strategy

Citigroup has provided a second chance to invest in their Income Plus Trading Strategy after Citigroup Global Markets and Capital Guaranteed Investments today launched ORB International Enhanced Income (ORB IEI) offer of YIELDS2.

APRA super trends

APRA's June quarter 2004 edition of super trends showed increases in superannuation assets and contributions along with a decrease in benefit payments.

ASIC accepts National Australia Bank's enforceable undertaking

ASIC has accepted an enforceable undertaking from National Australia Bank (National) designed to improve the bank's key systems and controls under its Australian financial services license (AFSL) after the foreign currency options trading losses National ...

Wholesale foreign financial service providers get ASIC relief

ASIC has exempt certain wholesale financial service providers registered with the US Commodity Futures Trading Commission (CFTC) to hold an Australian financial services license (AFS).

Perennial maintains 'Investment Grade' 3/5

Despite the loss of Kerry Series' as head of Perennial's Asian and international equities business, Morningstar has maintained its Investment Grade' 3/5 for both strategies.

Perpetual says Q1 well ahead

AAP  |  TUESDAY, 19 OCT 2004
Investment manager Perpetual trustees Australia Ltd said today that its first quarter was well ahead of the same period a year earlier and that the company was on track to record a strong increase in operating profit.

Financial planner pleads guilty to fraud

Former financial planner Mr Robert Andrew Street has pleaded guilty to five charges of obtaining financial advantage by deception in the Melbourne County Court following an investigation by the ASIC.

ASIC cancels Halifax Partners' Australian financial services licence

ASIC has cancelled the Australian financial services licence of Halifax Partners (Halifax) upon request by the company's sole director Mr Jason Foote.

ASIC restricts wealth creation spruikers

The Melbourne Federal Court has ruled Giann & Giann trading as Break Free Investments (BFE) and its director Mr Jon Giannopoulos, and JTC Group (JTC Group) made a number of false and misleading representations in contravention of the ASIC Act 2001 during ...