Freya Purnell

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Financial planning

12 October 2003

Banned adviser used mother’s name

The Australian Securities and Investments Commission (ASIC) has permanently banned Martin James Donohue from acting as a representative of a securities dealer or investme...

Funds management

12 October 2003

Macquarie launches massive capital raising for US property trust

Macquarie Bank and the US-based Developers Diversified Realty Corporation (DDR) are seeking A$550 million from investors, in the largest Australian property capital raisi...

Policy & Regulation

2 October 2003

Use surplus to reduce super tax: Associations

The Association of Super Funds of Australia (ASFA) and the Investment and Financial Services Association (IFSA) have called on the Government to pour some of its $7.5 bil...

Financial planning

1 October 2003

Macquarie simplifies adviser exec reporting

Macquarie Adviser Services has streamlined the senior reporting lines for its sales and marketing teams, elevating former head of adviser sales Jason Huddy and Macquarie ...

Financial planning

1 October 2003

Light at the end of the tunnel for Stockford creditors

Administrator KordaMentha has appeased creditors of the failed Stockford group of companies after announcing yesterday a first dividend payment of 50 cents....

Financial planning

30 September 2003

Outsourcing paraplanning can boost productivity

While some advisers only use external paraplanning services when they are starting up their businesses, many practices are realising the benefits of making this temporary...

Financial planning

30 September 2003

New online initiative to aid FSR compliance

Australian Financial Services licensees will be assisted in meeting the Financial Services Reform (FSR) Act PS 146 requirements following the creation of a new online ser...

Financial planning

30 September 2003

Advance aims for new approach

Advance Funds Management has appointed ex-ING manager employer super Sue Mieog as its new head of product, a move which forms part of its strategy to offer differentiated...

Financial planning

30 September 2003

IFSA models PDS documents

The Investment and Financial Services Association (IFSA) has released two model Product Disclosure Statements (PDS) to assist product issuers in developing disclosure doc...

Financial planning

29 September 2003

Tower concentrates on core business

Tower Australia has announced the closure of its annuity portfolio to new monies with the aim of sharpening its focus on core business, and has also appointed AMP Henders...