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Superannuation

Family banned by ASIC and AFSL revoked

HAMISH MADDEN  |  MONDAY, 13 NOV 2006
A South Australian family have been banned from providing financial services and have had their Australian Financial Services License (AFSL) revoked following an investigation by the Australian Securities and Investments Commission (ASIC).

Daily Economic Round Up

PETER BELL  |  FRIDAY, 10 NOV 2006
The Monash University Centre for Economics of Education and Training has produces a report funded by the Dusseldorp Skills Forum that has found that there are about 540,000 young Australians not in full-time work or learning.

Market wrap - midday

AAP  |  FRIDAY, 10 NOV 2006
The major retailers were still struggling in the wake of this week's interest rate rise.

Mobile age drives up demand for storage: Abacus

With an increasing number of people moving house or traveling frequently overseas, more investors are turning their attention to the untapped potential of the self storage industry, according to Abacus Property Group.

Flying high with Pegasus

Adelaide-based Pegasus Growth Strategy Fund has posted a high 61 per cent return in the year to October proving there is merit behind micro-cap investing.

The manager matters in private equity: Unigestion

HAMISH MADDEN  |  FRIDAY, 10 NOV 2006
With all the noise around private equity, many institutional investors are all ears for how they can jump aboard the PE freight train. European buyout specialist Unigestion has highlighted some of the distinct opportunity sets for Australian investors ...

BT Financial wins $300m Advance mandate

Advance Asset Management (Advance) has appointed BT Financial to manage over $300 million in Australian equities for the multi-boutique manager's Australian Shares Multi-Blend Fund.

A kingdom for my castle

Home-owners could benefit from a new web service www.sellmycastle.com.au which allows them to describe their property online and invite real estate agents to bid for the sale contract, a novel European-based concept that was launched in Australia this ...

S&P to rate NZ financials

HAMISH MADDEN  |  THURSDAY, 9 NOV 2006
Standard & Poor's is set to launch a new relative ratings scheme for New Zealand non-bank finance entities.

MLC announces free insurance upgrades

HAMISH MADDEN  |  THURSDAY, 9 NOV 2006
MLC has announced a number of enhancements to its Personal Protection Portfolio (PPP) insurance package at no extra cost to new or existing clients.