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Superannuation

Leyland opens Melb office to meet IMA demand

KATE HAGE  |  MONDAY, 24 JUL 2006
Stockbroking and equity manager group Leyland Private Asset Management (Leylands) is expanding into Melbourne with plans to grow its individually managed accounts (IMA) business.

Aussie women feeling the pinch: ipac

The interest rate rise, recent stockmarket correction and high petrol costs have made women in Australia more 'financially insecure' than they were three months ago, according to the latest quarterly ipac Financial Security Index released this week.

JANA to manage $465 million transition for ASG

HAMISH MADDEN  |  MONDAY, 24 JUL 2006
Jana Investment Advisers has been appointed by the Australian Scholarships Group (ASG) to advise on transitioning $465 million of funds from fixed interest investments to a balanced fund allocation.

Compliance alone doesn't make the grade

HAMISH MADDEN  |  MONDAY, 24 JUL 2006
Competent is a long way from professional, professional is not something that should be prescribed by the regulators and, as an industry, we've had our focus all wrong, according to Financial Services Educators Agency Australia (FSEAA) general manager ...

Gen Xers jump online for home loans: Forrester

Internet savvy Gen Xers aren't just using the web to download music, chat to friends and trade on Ebay. A new survey has found a growing number of them use it for more serious reasons such as applying for home loans too.

Tollhurst Noall signs up for managed accounts

Independent stockbroker Tolhurst Noall has launched its Managed Portfolio Service, underpinned by the separate managed accounts (SMA) platform provided by Merrill Lynch Investment Managers (MLIM).

Reverse mortgages not for inexperienced advisers

HAMISH MADDEN  |  FRIDAY, 21 JUL 2006
Reverse mortgages should not be handled by anyone but the most qualified and skilled financial planner, and planners as a whole need to attain higher benchmark standards in order to manage the entire financial affairs of their clients.

Thou shalt inherit an empty piggy bank

It's not just the hyena laugh or the eye twitch. A new study has found that parents tend to pass their bad money habits to their children too.

Unlisted property is champ: Atchison

Investors scouring the market for property with relatively higher yields and less volatility should put their money on unlisted property, according to investment consulting firm Atchison Consultants.

CFS GAM in Chinese JV

KATE HAGE  |  FRIDAY, 21 JUL 2006
Commonwealth Bank's funds management arm, Colonial First State Global Asset Management (CFS GAM), has cast a significant vote of confidence in China, investing $7.7 million in a joint venture with a Chinese asset manager.