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Superannuation

Royal Bank of Scotland targets real estate finance in Oz

The Royal Bank of Scotland (RBS) has announced the establishment of a real estate finance division in Australia.

Secured creditors called on for help in Westpoint bungle

The head of the financial planner-funded Westpoint Recovery Fund, Ian Bristow, has called on Westpoint's secured creditors such as ING, MFS, LM Investment and Perpetual to help salvage investments poured into the company before it's too late.

Vanguard gains all stars: Navigator

Index manager Vanguard notched a five-star rating, the only fund manager to do so out of 15 based on the latest property sector review by Navigator Research.

OptiMix goes Indian with multi-manager solution

OptiMix, the multi-manager division of ING Investment Management, is about to launch the OptiMix Income Growth Multi-Manager FoF Scheme into the Indian market.

Magnitude on the lookout for practices in growth phase

Magnitude Financial Planning, the financial planning business of BT Financial Group, has announced a tie-up with regional NSW-based financial planning group QUBE, a maiden deal ahead of a series of similar tie-ups this year.

Franklin Templeton creates merged global fixed income platform

Franklin Templeton has established a new global fixed income platform, the Franklin Templeton Fixed Income Group, by combining the fixed income teams of Franklin Advisers Inc and Fiduciary Trust Company International.

Avanteos seals Goldman Sachs JBWere outsourcing deal

Platform provider Avanteos has more than doubled its funds under administration (FUA) to over $8 billion after bedding down its outsourcing tie up with Goldman Sachs JBWere.

Planners eye Centro direct property

The nation's love affair with direct property continues with Centro Direct Property Fund (DPF) doubling in size to just over $550 million in funds under management since its re-launch 18 months ago.

Suncorp hands HFA $88.7m mandate

Suncorp Life and Superannuation Ltd (Suncorp) has handed HFA Asset Management (HFA) a mandate worth $88.7 million, taking HFA to over $2 billion in assets under management.

Bluestone reverse mortgage to offer interest rate protection

Bluestone Equity Release, a subsidiary of Bluestone Group, has released a new reverse mortgage product with a "capped for life" variable rate providing interest rate protection for retirees.