Ben Abbott

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Financial planning

31 July 2003

MLC boots reporting with InvestmentLink deal

MLC and electronic platform provider InvestmentLink have signed a deal that will enable the MLC group to widen its platform’s reporting capabilities to include products f...

Financial planning

30 July 2003

Challenger closes door on NZ operations

Challenger International will close its New Zealand retail funds management operations, following a review of the manager’s position in the market....

Financial planning

30 July 2003

Centrestone continues rapid rise

Centrestone Wealth Advisory Group has cemented its first year’s rapid rise, launching a Melbourne office and acquiring another planning practice in Sydney, taking the bus...

Financial planning

30 July 2003

Basis Capital launches to retail market

Absolute return fund manager Basis Capital Management has had its successful flagship fund made available to the retail market, with both BT and Macquarie now offering th...

Financial planning

30 July 2003

St George rolls out rural advice scheme

St George Bank branches have begun to refer financial planning clients to advisers within the Securitor dealer group in rural areas where clients have no access to salari...

Financial planning

30 July 2003

Accountants make last stand on super advice

The accounting profession has made a last-ditch effort for the right to provide at least a small measure of advice under the Financial Services Reform Act (FSRA)....

Financial planning

30 July 2003

Perpetual sheds staff from advisory arm

Perpetual Personal Financial Services, the wealth management division of Perpetual Trustees, has retrenched 51 staff including a small number of advisers in what it says ...

Financial planning

30 July 2003

Life offices show increased super focus

Superannuation makes up 87 per cent of all life office assets and accounts for 88 per cent of premiums as at December 2002, according to new statistics from the Australia...

Funds management

30 July 2003

Russell says no value in tactical asset allocation

The Russell Investment Group has claimed tactical asset allocation seldom adds value to diversified portfolios and investors who time the market and tilt portfolios to fa...

Financial planning

28 July 2003

Perpetual sets sights on retail platform launch

Perpetual Investments has flagged the launch of a new multi-manager retail platform, to compete with the likes of Colonial First State’s FirstChoice product, for the last...