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Investment

Speed bumps to annuities

ELISE BURGESS  |  FRIDAY, 25 MAR 2011
Existing government rules on certain retirement products are stifling growth and innovation in annuities - affecting how super funds can address longevity risk, according to a Towers Watson report.

KPMG investment consulting no direct threat

MATT WOODINGTON  |  THURSDAY, 24 MAR 2011
KPMG's launch of a specialised investment consulting offering will fill a significant gap in the market for direct investment advice to superannuation funds, said its head, James O'Leary.

Investors in line for Fincorp payout

MATT WOODINGTON  |  THURSDAY, 24 MAR 2011
More than 5000 investors look set to be compensated for their losses from Fincorp Investments, after the Federal Court of Australia authorised the release of details of the compensation scheme.

AMP AXA name final price

ELISE BURGESS  |  THURSDAY, 24 MAR 2011
AXA Pacific Holdings minority shareholders to receive $6.43 per share in the upcoming merge with AMP as the final stages of the process are completed.

Wingate profits from Everest stake

ELISE BURGESS  |  WEDNESDAY, 23 MAR 2011
Fund manager Wingate Direct Investments has sold its 19.9 per cent investment in Everest Financial Group after receiving an anonymous bid for its stake, gaining 32 per cent on its original investment.

Mason Stevens signs dealer group MAs

ELISE BURGESS  |  WEDNESDAY, 23 MAR 2011
Managed accounts provider Mason Stevens has signed 12 dealer groups to its services, joining the fray of MA providers that are proving popular among financial advisers.

Rising oil prices add to sovereign risk

ALISON BEVEGE  |  TUESDAY, 22 MAR 2011
Super funds have been urged to perform oil vulnerability assessment after blasts rocked Moamar Gaddafi's Tripoli compound this morning.

VTP mulls management change

ELISE BURGESS  |  MONDAY, 21 MAR 2011
Listed investment company Van Eyk Three Pillars (VTP) plans to terminate its relationship with its external managers, van Eyk Research, Three pillars Portfolio Managers and VTP Management, subject to further board discussions.

BNP Paribas to launch fixed income SMAs

MATT WOODINGTON  |  MONDAY, 21 MAR 2011
BNP Paribas Investment Partners will use separately managed accounts to draw retail investors to its new Australian fixed income capability, which will also be available to instos.

A decade on, Frontier turns new leaf

MICHELLE BALTAZAR  |  FRIDAY, 18 MAR 2011
From an $18 billion asset consultancy in 2000 to the $100 billion behemoth today, Frontier Investment Consulting is all grown up - and it is finding new ways to deliver more value to its clients.