Ross Kelly

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Financial planning

24 January 2006

Mass inflows for Equity Trustees despite ‘hold’ ratings

Boutique fund incubator Equity Trustees has gotten off to an exceptional start for the 2005-06 financial year, having posted a 190 per cent increase in net fund inflows f...

Policy & Regulation

23 January 2006

Super tax cuts unlikely

Hopes that the superannuation contributions tax will be scrapped in the next budget have been dampened, with Federal Treasurer Peter Costello today stating a removal of t...

Financial planning

23 January 2006

Goldman Sachs pools infrastructure stocks

The local arm of US-based investment bank Goldman Sachs JBWere, has launched a new managed fund that will mostly invest in infrastructure stocks listed on the Australian ...

Financial planning

23 January 2006

Australians first in managed funds

The superannuation guarantee and strong economic and stock market performance have raised the average amount each Australian holds in managed funds to $45,300, far more t...

Financial planning

19 January 2006

Creditors look to sue planners over Westpoint

Creditors who lost money from failed investments attributed to Westpoint are preparing to launch a class action against the financial planners who helped sell them the pr...

Financial planning

19 January 2006

Canberra admonishes regulator over Grant comments

Canberra has criticised ASIC for negative comments one of its senior executives made about financial planners at a public function....

Financial planning

19 January 2006

AWM merger to create planning behemoth

The new merged entity between Australian Wealth Management and Select Managed Funds, collectively with its “affiliates”, will have close to 10 per cent of all the financi...

Financial planning

18 January 2006

Choice results for industry funds

Industry superannuation funds have emerged as the initial winners in the early stages of Australia’s new choice of super fund environment, according to a survey conducted...