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Financial Planning

Retail investment flows hit $3.5bln for the quarter: Assirt

Overall retail net funds flow during the June quarter was $3.5 billion running at an annual rate of just over $13 billion, Assirt Research said in its June quarter market share snapshot report.

Choice a good place to start: MLC

The introduction of choice of fund will be a major encouragement for Australians to take a greater interest in their superannuation, MLC said on Tuesday.

Perpetual launch new property fund

Perpetual Investments today announced the 1 October launch of a new property fund aimed at broadening the range of investment options available to property investors.

Regulators act to stamp out illegal early access to super

The Australian Securities and Investments Commission (ASIC) announced today it is conducting a nationwide campaign against illegal early access to superannuation.

Ageing population key to election victory: ASFA

The election scorecard shows the Coalition running marginally ahead of the ALP on the issue of superannuation and retirement savings, the Association of Superannuation Funds of Australia (ASFA) said today.

Merrill's roll out Aust equities quant fund

Merrill Lynch Investment Managers (MLIM) launched today announced the launch of the Merrill Lynch Australian Quant Strategies Fund.

Active outpacing passive returns for Australian equity funds; Mercer

Active Australian equity fund managers outperformed the ASX benchmark index by 0.5% during the past three months, according to the latest survey results from Mercer Investment Consulting.

Centro property fund closes after reaching $100 mln target

AAP  |  WEDNESDAY, 15 SEP 2004
Centro Properties Group today said the Centro MCS 33 direct property fund would be closed after it had reached its equity target of $100 million.

Choice to fuel super fund growth; Rainmaker

The introduction of choice of fund legislation next year could spark an explosion in the number of individual super funds, Rainmaker Information director of research Alex Dunnin said.

ANZ and ING revise their JV exit arrangements

AAP  |  WEDNESDAY, 15 SEP 2004
ANZ Banking Group and its wealth management partner ING have revised their exit arrangements from the joint venture (JV) which will allow the business to remain intact if one should leave.