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

Superannuation

Tandem welcomes Insight aboard

HAMISH MADDEN  |  TUESDAY, 15 AUG 2006
Insight Financial Services has left the Financial Wisdom stable to join Tandem Financial Advice, citing a desire to pursue acquisitions and growth.

IOOF rationalises and re-brands dealer group

HAMISH MADDEN  |  TUESDAY, 15 AUG 2006
IOOF is combining its two existing dealer groups to create a new dealer group offering, Consultum Financial Advisers, set to hit the market in October.

Advance creates chief sales role

Multi-boutique manager Advance Asset Management has appointed one of its top performing sales managers to the newly created role of national sales manager.

Laing to launch risky business

Financial services consulting firm Laing Advisory has signed up MLC to a soon-to-launch life insurance hub called 'the risk store', which is designed to help financial advisers provide life risk insurance advice to their clients.

Biotech looms as boom sector

ALEX DUNNIN  |  MONDAY, 14 AUG 2006
The biotech sector is emerging as a sunrise opportunity for investors who have an eye on the long term, looking for very strong capital gains.

INGIM scores $500m in new mandates

KATE HAGE  |  MONDAY, 14 AUG 2006
ING Investment Management (INGIM) has been awarded over $500 million in local fixed income and enhanced cash mandates from a large Australian superannuation fund and a transport logistics company.

MacarthurCook shares up five-fold as FUM tops $1bn

Property fund specialist MacarthurCook is riding the crest of the managed property fund boom with its shares up 455 per cent and funds under management (FUM) reaching $1 billion in just over three years.

ASIC bans broker and adviser for life

HAMISH MADDEN  |  MONDAY, 14 AUG 2006
The Australian Securities and Investments Commission (ASIC) has imposed permanent bans on an insurance broker and a former ANZ Bank adviser for syphoning off significant amounts of money.

Financial services exports trailing economy

KATE HAGE  |  MONDAY, 14 AUG 2006
Shadow Minister for Foreign Affairs, Trade and International Security Kevin Rudd has unveiled a plan to promote Australia as an Asia hub and boost financial services exports, saying we are missing a potential growth opportunity.

Mergers deliver cost savings to members

Vision Super and CARE Super may have abandoned plans to merge but those who took the leap, such as AustralianSuper and AUSCOAL Super, are enjoying big savings from merging their operations.