Ben Abbott

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Financial planning

23 September 2003

FPA/IFSA voice concerns over growing ASIC powers

The Financial Planning Association (FPA) and the Investment and Financial Services Association (IFSA) have hit out at the possible increased regulatory powers of the Aust...

Life/Risk

23 September 2003

Macquarie tweaks super insurance

Macquarie Adviser Services has made changes to its superannuation insurance cover, including the introduction of an upfront commission for death and total and permanent d...

Financial planning

23 September 2003

To outsource or not to outsource?

Cost efficiency, expertise and closer focus on the provision of financial advice are the key drivers behind businesses choosing to outsource their back-office functions t...

Financial planning

22 September 2003

ASIC moves to ease AFS deadline mayhem

The Australian Securities and Investments Commission (ASIC) has moved to ease pressure on it following a rush of Australian Financial Services (AFS) licence applications ...

Financial planning

21 September 2003

Hasta la vista again at Perpetual

Perpetual Trustees has lost another of its senior executives, with chief financial officer Michael Stefanovski resigning last week to accept a position at another company...

Financial planning

21 September 2003

Canadian fund-of-funds at summit of growth

The Canadian managed fund market has been blazing a trail in its take-up of fund-of-funds vehicles, with a three year asset capital annualised growth rate of 15 per cent....

Financial planning

21 September 2003

AMP yield targeted fund

AMP Henderson has launched a new yield targeted fund giving retail investors access to private debt investments for the first time, completing a bevy of six product launc...

Financial planning

17 September 2003

National pulls up stumps on Your Prosperity

Online investment tool Your Prosperity, owned by National Australia group, has had its portfolio service and superannuation trust closed down after a strategic review sho...

Financial planning

16 September 2003

AMP agent pleads guilty to fraud

A former AMP superannuation agent has entered a guilty plea in the Sydney District Court to one charge of defrauding a former client following an Australian Securities an...

Financial planning

15 September 2003

FPA attacks planner simplicity on risk

The Financial Planning Association (FPA) has criticised planners who term client risk profiles as either ‘conservative’ or ‘aggressive’, arguing that such an approach can...