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Financial Planning

Navigator increases range of investment options

Navigator has announced that it has increased the range of investment options available via its Personal Investment Plan and Personal Retirement Plan services.

Labor calls for tougher stance on property seminars

AAP  |  THURSDAY, 27 NOV 2003
Labor has renewed calls for tougher regulation of get-rich-quick property investment seminars after receivers were called in at two of spruiker Henry Kaye's companies.

Macquarie launches property syndicate for east coast investors

Macquarie Direct Property has launched a new commercial property syndicate that offers investors geographic and market diversity through a portfolio of major properties along the eastern seaboard of Australia.

Property seminar spruiker Kaye companies placed in receivership

AAP  |  WEDNESDAY, 26 NOV 2003
Two companies associated with get-rich-quick property investment seminar spruiker Henry Kaye were put in receivership today.

Boutique fund endorses PIR survey results

The recent flight to boutique property fund managers is likely to move to a higher gear as interest rates continue to be marked up into 2004, according to SAITeysMcMahon executive director Judy MacMahon.

Coles Myer sees year underlying earnings up 20 - 23%

AAP  |  WEDNESDAY, 26 NOV 2003
Retailer Coles Myer Ltd said today it expected its underlying full year earnings for 2003/04 to rise by 20-23 per cent to $548-$558 million.

Premium Investors' announces strong offer result and listing date

The recent Premium Investors Ltd public offer raised $172 million due to strong interest across a broad range of financial planners, brokers, Treasury Group shareholders and the public, Treasury Group Ltd has announced.

Greater competition in small business banking market: report

AAP  |  TUESDAY, 25 NOV 2003
Competition in the small business banking market grew in the past two years, with the big four banks, non-bank and niche players all scrambling for a piece of the pie, according to a new report.

Tower provides undertakings to ASIC regarding FAI PSP product

AAP  |  TUESDAY, 25 NOV 2003
Wealth management group Tower Australia Ltd today issued undertakings to Australia's corporate watchdog that it would repay investors for their investment in FAI Personal Superannuation Plan (PSP).

PIR survey reveals shift towards boutique property fund managers

The past few years has seen a sustained structural shift towards unlisted property fund managers, Melbourne-based research house Property Investment Research revealed in its recent Australian Property Funds Industry Survey.