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Superannuation

Australian Unity reveals rapid growth in funds under management

Less than a month after appointing former Perpetual Trustees executive Rohan Mead as group managing director designate, Australian Unity has confirmed a strong surge of inflows in the first half of the financial year.

CFS FirstChoice super storms through $200 million mark

The well-received Colonial First State (CFS) FirstChoice Employer Super has reached another milestone for its 14-month existence, banking $100 million in funds under management in the past five months, and bringing the FUM total to $200 million.

Three further mandates to be considered at TelstraSuper's board meeting

The 73,000 member $7.4 billion TelstraSuper fund has announced that it will give consideration to three further mandates at its board meeting to be held on 9 December 2003.

Disciplinary board rescinds convicted Sydney auditor's registration

The Companies Auditors and Liquidators Disciplinary Board has cancelled the registration of a Sydney auditor, following an application by the Australian Securities and Investments Commission (ASIC).

Burgeoning CPT Group centralises business

The Capital Preparation Team (CPT) Group has moved its head office to Crows Nest on the inner North Shore of Sydney, in order to centralise its operations following considerable growth, CPT managing director Darren Lelliott has announced.

Navigator Research reveals property funds' efficiency

Navigator, part of the Aviva group, has sent its annual performance review of Australian property funds to financial advisers that use its platform, revealing an industry that is operating efficiently despite a changing environment.

Challenger throws down the gauntlet to rivals

Challenger Financial Services today confirmed industry speculation former Deutsche fund manager Peter Greentree had accepted the position of head of equities with the diversified financial services group.

Promina listing leads to subsidiary name change, Vero

After renaming the financial services part of the business Asteron in July, the Promina Group has announced that Royal & SunAlliance General Insurance has also undergone a name change, to Vero Insurance Ltd

Assirt lauds Rubicon's Multi-Strategy Notes offer

Assirt Research has lauded Rubicon Multi-Strategy Notes, issued by Macquarie Bank, by saying that the offer and its structure is the best of its type so far rated by the research house.

ANZ completes acquisition of National Bank of New Zealand

AAP  |  TUESDAY, 2 DEC 2003
ANZ Banking Group Ltd said today it had completed its $5.4 billion acquisition of the National Bank of New Zealand (NBNZ).