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Financial Planning

Former AMP superannuation agent jailed

A former AMP superannuation agent was sentenced yesterday in the Sydney District Court to two years and 10 months imprisonment, with a non-parole period of 15 months, in relation to charges brought by the Australian Securities and Investments Commission ...

Macquarie Financial sells South African joint venture holding

Macquarie Financial Services Group today announced it has sold its 33.33 per cent shareholding in its South African joint venture, Innofin, to its joint venture partner, Sanlam.

IncomePlus closer to listing

Goldlink Capital is the latest company joining the rush to float on the Australian Stock Exchange (ASX), announcing its investment flagship IncomePlus Limited is seeking to raise $30 million in new equity capital.

ASIC bans Darling Point financial adviser

The Australian Securities and Investments Commission (ASIC) has banned Martin Lloyd-Cocks, a financial adviser from Darling Point NSW, from acting as a representative of a securities dealer or investment adviser for five years.

Suncorp appoints US-based asset consultant

Suncorp Investment Management (SIM) has appointed US-based asset consultancy Rocaton Investment Advisers to help handpick the world's best global funds managers for its world equities trust.

Navigator launches new "safety" fund for cautious investors

Navigator has announced the addition of a new fund designed to help shelter investors from the downside of turbulent markets.

Macquarie receives ATO product ruling for protected lending over managed funds

Macquarie Financial Products Management Ltd has received an Australian Taxation Office (ATO) Product Ruling for the latest offering of its leading edge Macquarie Fusion Funds, providing certainty to investors looking for tax efficiency in their investment.

ASIC annual report highlights record enforcement action

The Australian Securities and Investments Commission (ASIC) has reiterated its role in its 2002-03 annual report tabled in Federal Parliament this week, stressing that enforcement is integral to its regulatory function.

Cairns dealer faces six dishonesty charges

A Cairns dealer has appeared in the Cairns Magistrates Court to answer six dishonesty charges from Australian Securities and Investments Commission (ASIC).

ANZ raises standard variable home loan rate by 0.25 per cent

AAP  |  FRIDAY, 7 NOV 2003
ANZ Banking Group Ltd today said it will raise its standard variable home loan rate by 0.25 per cent to 6.82%.