Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Financial Planning

Macquarie Morgan Stanley Global Franchise Fund hits the shelves

Macquarie Adviser Services have launched a range of new managed funds through its distribution business, the Macquarie Professional Series, having signed a letter of intent with Morgan Stanley Investment Management, the investment bank said today.

Tower says proposing spinning off Aust wealth management bus

AAP  |  TUESDAY, 14 SEP 2004
Tower said on Monday it is proposing spinning off its wealth management business in Australia following a strategic review of its business portfolio.

FPA issues member notice and calls for submissions

The Financial Planning Association (FPA) has on Monday released a member update reminding all members of their obligations under the FPA soft dollar code of conduct which takes effect from 1 January 2005.

InTech's new fund open for all

In a first for InTech financial services, the group today announced the launch of its international shares High Opportunity Trust (HOT) which will be available as a stand-alone product for non-consulting clients.

Leading US companies in pension funding crisis; CSFB

US companies listed on the S&P-500 are facing their worst pension funding crisis in 10 years, looking at a combined US$245 billion shortfall by the end of the year, Credit Suisse First Boston said last week.

Public sector super giants drop member crediting rates

In a radical departure from industry practice, the two leading superannuation schemes covering Commonwealth public servants have announced they will no longer declare annual crediting rates to fund members.

Fund performance turns down in July

SelectingSuper, a Rainmaker Information company, has released its superannuation fund performance tables to 31 July 2004 this week highlighting the median annual return declined by more than 2% from the June performance results.

Russell launches aggressive international shares fund

Multi-manager firm Russell Investment Group has this week announced the launch of a new aggressive international shares fund.

AFS licensees given notice on MDA authorisations

Australian financial services (AFS) licensees were reminded on Thursday applications for managed discretionary account (MDA) authorisations needed to be in no later than 10 December 2004.

Labor ripe for the picking on super; ASFA

Superannuation is in danger of being used as a "political honeypot" if the Federal Labor Party's policy proposals are enacted, the Association of Superannuation Funds of Australia (ASFA) said yesterday.