Craig Phillips

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Financial planning

16 November 2004

Tower turns the tide on recent woes

New Zealand-based financial services firm Tower has suggested an end to its recent troubles after posting a strong full year result today, with the group now moving to co...

Financial planning

15 November 2004

Super funds outsource ahead of choice

A trio of superannuation funds totalling collective assets of nearly $700 million and more than 13,000 members today announced their decisions to outsource the operation ...

Financial planning

14 November 2004

Zurich forces Bridgeport into administration

Bridgeport Advisers and Asset Managers has been placed in voluntary administration after its major creditor and shareholder, Zurich Financial Services, invoked a contract...

Superannuation

14 November 2004

Knowledge gap for SMSF trustees

Accountancy body CPA Australia has identified a substantial knowledge gap among those involved in self-managed superannuation funds, with claims that around a third do no...

Financial planning

14 November 2004

Bendigo revamps advice arm

Bendigo Investment Services has restructured its financial planning division by abandoning the traditional adviser reporting lines through state managers in favour of cre...

Financial planning

14 November 2004

Westpac planners pick up Coin

Westpac Bank has become the second big fish in as many months to sign-up emerging technology firm Coin Software at the expense of more established players, after the bank...

Financial planning

14 November 2004

ASIC promises relief for planners

The corporate regulator has given the strongest indication yet that it will act to ease the compliance burden on advisers under the Financial Services Reform (FSR) Act, h...

Financial planning

14 November 2004

BT seeks to rectify New Zealand gaffe

BT Financial Group has contacted up to 50,000 New Zealand investors to notify them of its intention to return to the High Court in Wellington and hopefully conclude an on...

Financial planning

14 November 2004

RetireInvest scotches exodus rumours

ING-owned RetireInvest has played down suggestions it’s franchised proprietors and financial planners are unhappy on masse despite a small group of Victorian advisers ind...

Financial planning

14 November 2004

MLC adds up cost of miscalculation blunder

MLC is counting the cost of an internal system error that has resulted in the overpayment of commissions to financial planners and could cost the group several million do...