Ben Abbott

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Financial planning

27 Oct

Socially responsible investment (SRI) managed fund assets have grown 625 per cent over the past three years to a sum of $2.4 billion as at June 2003, according to a bench...

Financial planning

23 Oct

ASIC: IFA adviser not so independent

A financial planner has been banned for five years after making product recommendations to clients resulting in financial benefits to a company of which she was the sole ...

Financial planning

23 Oct

Bond returns hit as worm finally turns

The bond market has replaced equities as investment portfolio underachievers over the last quarter, a turnaround after having outperformed shares consistently over the pr...

Financial planning

20 Oct

Rift opens between associations

The representative body of advisers in AXA dealer groups is considering a bold withdrawal from the peak industry council of adviser associations, protesting that it repre...

Financial planning

19 Oct

Trust merger pays dividends

Financial services group Trust has posted a healthy profit in its first full reporting period since being spawned from the merger of Permanent Trustees and Trust Company ...

Financial planning

17 Oct

Super funds make asset comeback

Industry superannuation funds led the broader bounce back in superannuation assets under management for the June 2003 quarter, after posting an 8.5 per cent rise or $4.4 ...

Financial planning

16 Oct

BankWest launches new planning group

Western Australian financial services group BankWest has launched a new financial planning company - BWA Financial Services - targeting a broad spectrum of its existing c...

Financial planning

16 Oct

AXA actions ‘no bias’ fee model

Advisers in AXA dealer groups will no longer have a remuneration bias to recommend AXA’s own funds management products under a raft of changes to the group’s fee model an...

Financial planning

15 Oct

Equity Trustees and Syscorp strike deal

Equity Trustees has licensed wealth management software provider Syscorp’s Complete Financial Services platform (CFS) to administer its financial services offerings....

Financial planning

15 Oct

Credit Suisse expands into Asia

Credit Suisse Asset Management (CSAM) is to make a decisive push into the Asian market by opening an office in Hong Kong and revealing a new distribution strategy for the...