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Financial Planning

FKP announces completion of $47 million institutional placement

AAP  |  THURSDAY, 25 MAR 2004
Property investor FKP Ltd today announced it has successfully completed an institutional placement of approximately $47 million.

ING announces outsourcing of wrap service admin

AAP  |  THURSDAY, 25 MAR 2004
Wealth manager ING Australia has finalised an agreement with Macquarie Investment Management to outsource the systems and administrative functions of its wrap service, it said yesterday.

Optioneer trading system advertising to change: ASIC

AAP  |  THURSDAY, 25 MAR 2004
Optioneer, an options trading system marketed by Freehold International, has agreed to change its advertising after concerns were raised by the Australian Securities and Investments Commission.

FPA projects $2 million deficit, plans to scrap education services

Preparation for the Financial Services Reform Act has been very costly for the Financial Planning Association, chairman Steve Helmich has revealed.

Challenger sells $71 million forestry assets to Great Southern

AAP  |  MONDAY, 22 MAR 2004
Challenger Financial Services Group today announced it had entered into an arrangement with Great Southern Plantations for the rights and obligations to acquire approximately 84,000 hectares of forestry assets.

Accountants call for $3 billion a year tax cuts

AAP  |  THURSDAY, 18 MAR 2004
Australia's tax system was unfairly skewed to benefit high-income earners and needed a $3 billion a year shake up, new research has found.

Cooper charged with three more counts in relation to HIH

AAP  |  WEDNESDAY, 17 MAR 2004
Entrepreneur and former Collingwood Football Club director Brad Cooper has been charged with three more counts over the collapsed insurance company HIH, making 13 counts in total.

Investors given chance to help the environment

AAP  |  WEDNESDAY, 17 MAR 2004
Millions of shareholders now have the chance to do the environment a favour by receiving company documents electronically.

ASX to outsource accreditation training to Tribeca

AAP  |  TUESDAY, 16 MAR 2004
Australian Stock Exchange is to outsource the administration of its accreditation training regime to financial services education company Tribeca Learning Ltd.

Court rules against Henry Kaye company

AAP  |  MONDAY, 15 MAR 2004
The Federal Court has granted an application by the Australian Securities and Investments Commission to wind up a company controlled by rogue property investor Henry Kaye.