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Financial Planning

ASIC and FPA to help planners with written communication

Doctors may soon reclaim their perch as the professionals with the most unintelligible handwriting, as the Australian Securities and Investments Commission (ASIC) and the Financial Planning Association (FPA) today announced a joint program to help financial ...

Consumer watchdog signals two-year ban on genetic testing

AAP  |  THURSDAY, 9 OCT 2003
Australia's consumer watchdog today indicated it would approve a two-year ban on life insurance companies asking clients to have genetic testing.

Lenders could withstand substantial housing correction: APRA

AAP  |  THURSDAY, 9 OCT 2003
Banks and mortgage brokers would withstand a substantial local housing market correction if it eventuated, an Australian Prudential Regulation Authority (APRA) study shows.

Kerrie Kelly takes FPA top job

The Financial Planning Association (FPA) has appointed of Kerrie Kelly as its new chief executive.

ARF weighs in with ASX 100 shares investment plan

The Australian Retirement Fund (ARF) is set to raise the bar for the superannuation industry with the introduction of its new ASX 100 shares investment plan - an investment option that allows eligible members to buy and trade shares using some of their ...

Federal Court continues NII proceedings following ASIC action

The Federal Court of Australia today gave directions in new proceedings brought by the Australian Securities and Investments Commission (ASIC) against Mr Henry Kaye and National Investment Institute Pty Ltd (NII).

Mirvac announces $258 million securitisation roadshow

AAP  |  TUESDAY, 7 OCT 2003
Mirvac Group announced today it will be conducting domestic roadshows for a $258 million commercial mortgage-backed securitisation issue.

EQT to close Small Companies Fund to new members

Equity Trustees (EQT) has announced that it will soon close its wholesale and retail Small Companies Fund to new members.

AMP asks for more debt

AAP  |  TUESDAY, 7 OCT 2003
Troubled fund manager and life insurer AMP Ltd has reportedly asked Britain's Financial Services Authority (FSA) to accept a higher level of debt in its United Kingdom operations.

Colonial supports PREIA managment of Lend Lease

AAP  |  MONDAY, 6 OCT 2003
Colonial First State Investments Ltd has reiterated its support for Principal Real Estate Investors (Australia) Ltd (PREIA) to take over the management rights of Lend Lease US Office Trust (LLUSOT).