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Investment

netwealth adds TAL Accelerated Protection to LifeWrap

MARK STORY  |  MONDAY, 10 SEP 2012
In response to major demand to provide comprehensive low-cost super and investment services, coupled with multiple insurers - platform provider netwealth has announced the addition of TAL Accelerated Protection to its LifeWrap facility.

BDO Wealth Mngt joins Fitzpatricks

LINDA HAUSKEN  |  FRIDAY, 7 SEP 2012
BDO Wealth Management in New South Wales has chosen to join Fitzpatricks Private Wealth, following an extensive one year national search for a firm who shares the same interests and values.

Joyce Phillips appointed to FSC board

BEN COLLINS  |  FRIDAY, 7 SEP 2012
Joyce Phillips, CEO, global wealth & private, ANZ, has been appointed as a director of the Financial Services Council (FSC) at a board meeting on 23 August 2012.

Faith in monetary policy spawns new investment theme

MELANIE TIMBRELL  |  FRIDAY, 7 SEP 2012
AllianceBernstein's global thematic investment team has adopted a new theme focused on zero interest rate policy designed to focus on the impacts of monetary policy as the fiscal driver is lost.

Catch-all 'Alternative' label useless: Pengana

ALEX DUNNIN  |  FRIDAY, 7 SEP 2012
Increasing allocations to alternatives warrants a more meaningful classification over what comprises the sector, according to Pengana Capital.

GBST Composer suite FoFA ready

LINDA HAUSKEN  |  FRIDAY, 7 SEP 2012
Global securities transaction and wealth administration software provider, GBST claims that its Composer suite is the first market ready response to the controversial Future of Financial Advice legislation.

AMP Capital continues restructure

BEN COLLINS  |  FRIDAY, 7 SEP 2012
AMP Capital's investment specialist team will no longer operate as an independent unit within the business from October, a further step in the company's restructure.

New CEO for Sydney de-sal after June refinance

MELANIE TIMBRELL  |  FRIDAY, 7 SEP 2012
The Sydney Desalination Plant has appointed former Queensland Coordinator-General Keith Davies as chief executive officer.

Harsh ASIC ban on Seagrim slashed

BEN COLLINS  |  FRIDAY, 7 SEP 2012
An ASIC ban on the directors of planning business Seagrims Pty Ltd has been reduced by the Administrative Appeals Tribunal (ATT), allowing them to again work in financial services.

Banking by video to drive loyalty: Telstra

MARK STORY  |  FRIDAY, 7 SEP 2012
The bank of the future will be driven by video interaction, including local branch video calling, accessing experts on demand online and interactive videos on financial topics, according to new research from Telstra Enterprise & Government.