Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Superannuation

MLC launches into after-tax reporting

HAMISH MADDEN  |  THURSDAY, 24 AUG 2006
With the growing chorus of calls for investment managers to report after-tax returns, MLC has announced it will start reporting after-tax returns for a number of its products beginning immediately.

Zurich's wrap goes past $3bn

HAMISH MADDEN  |  THURSDAY, 24 AUG 2006
Zurich Australia has reached a significant milestone with funds under administration on its wrap platform breaking through the $3 billion mark.

Perennial appoints ex-VFMC numbers man

Perennial Investment Partners has snapped up the former financial controller of the Victorian Funds Management Corporation (VFMC), Niall Keane, for a similar role within the firm.

Finance is a good career move

Structural changes that occurred in the financial services industry over the last 15 years have made the sector one of the best industries to work in, said the Reserve Bank of Australia's assistant governor in financial markets, Ric Battellino, at a ...

Keating and Sen Chapman to launch AFA conference

ALEX DUNNIN  |  WEDNESDAY, 23 AUG 2006
Senator Grant Chapman, chairman of the upcoming and controversial Parliamentary Inquiry into the Structure of the Superannuation Industry, together with former Prime Minister Paul Keating, will headline the Australian Financial Advisers (AFA) annual ...

Macq centralises property management

HAMISH MADDEN  |  WEDNESDAY, 23 AUG 2006
Macquarie Real Estate has unveiled a pivotal new element in its real estate structure, Macquarie Real Estate Management Services (MREMS), which will provide a centralised financial and property management service to the Macquarie real estate portfolio.

Hunter Hall shares the wealth with staff

HAMISH MADDEN  |  WEDNESDAY, 23 AUG 2006
Hunter Hall has announced a staff equity plan and executive profit sharing scheme in a bid to retain key personnel for the long term, a strategy which will see portfolio managers eventually owning 10 per cent of the company.

Snowball to snap up Western Pacific

KATE HAGE  |  WEDNESDAY, 23 AUG 2006
Financial planning group Snowball has announced it plans to complete the purchase of Western Australian based financial planning group Western Pacific Financial Planning, a move which comes after Snowball acquired an initial stake last year.

FPA broadens entry to CFP

KATE HAGE  |  WEDNESDAY, 23 AUG 2006
The Financial Planning Association (FPA) has broadened its entry criteria into the certified planner program in what it said is an effort to raise standards at a time when the industry's professionalism is coming under greater scrutiny.

Household finances in good shape: RBA

Household finances are in better shape than what the doomsayers claim, said the Reserve Bank of Australia's assistant governor in financial markets, Ric Battellino, at an industry forum held in Sydney today.