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Superannuation

Lo-doc broker to pay client compensation: ASIC

Small-time mortgage brokers who think they may be too insignificant to catch the ire of the Australian Securities and Investments Commission (ASIC) should take heed after the regulatory watchdog took legal proceedings against a Canberra-based lo-doc ...

Currency managers pray for Cruise antics

The latest State Street Global Research weekly report noted that the market lull in currencies is making foreign exchange (FX) traders wish that the markets would 'jump the couch', or exhibit strange, volatile behaviour a la Tom Cruise.

Select to focus on private equity with Barwon partnership

HAMISH MADDEN  |  FRIDAY, 27 OCT 2006
Select Asset Management has formed a partnership with private equity specialist Barwon Investment Partners to improve the private equity exposures of the Select Alternatives Portfolio.

Ord Minnett Enhanced Income Fund gets IWL thumbs up

HAMISH MADDEN  |  FRIDAY, 27 OCT 2006
The newly launched Ord Minnett Enhanced Income Fund has been rated a buy from IWL Research, with IWL pointing out several factors that differentiate the product in the market.

ING Australia disappoints

WWW.THESHEET.COM  |  FRIDAY, 27 OCT 2006
ANZ's return on equity from its wealth management subsidiary, ING Australia, has not met the hurdle rate set for it, ANZ chief executive, John McFarlane, said yesterday.

Flight Centre books private equity ticket

ALEX DUNNIN  |  THURSDAY, 26 OCT 2006
The private equity juggernaut rolls on with Flight Centre accepting a $1.6 billion offer to de-list the company and have the business managed with private equity group Pacific Equity Partners (PEP).

High conviction alpha drives Alleron skyward

ALEX DUNNIN  |  THURSDAY, 26 OCT 2006
High conviction concentrated portfolio builds are working a treat for Alleron Investment Management and after just 20 months they are pushing $350 million.

Optimum time for super: Mariner

Mariner Financial has appointed its head of technical services, Kate Anderson, to the new role of superannuation and retirement strategist, a critical step as Mariner revs up to introduce new superannuation-related financial planning strategies and products ...

BT unveils online super sales tools for advisers

HAMISH MADDEN  |  THURSDAY, 26 OCT 2006
BT Financial Group has unveiled a new online super tool to walk planners through the process of selling corporate super to their clients.

Fix debt ahead of rate rise: ANZFP

With the Reserve Bank of Australia (RBA) likely to increase interest rates next month and possibly in March after the latest inflation figures were released, ANZ Financial Planning's general manager, Mike Goodall, has urged consumers to re-evaluate their ...