A promoter of past tax schemes involving ostrich farming and beef production has had to surrender his passport after the Australian Securities and Investments Commission ...

Macquarie Investment Management has given its diversified balanced funds a more conservative tilt after conducting a wide-ranging review into the structure of the funds....

Australian Unity has wrapped up the last financial year in a healthy state revealing that it made a record profit of $43 million based on good performance from its health...

HSBC Australia will boost its presence in master trusts and wrap accounts spearheading a global move away from direct sales according to chief executive officer Barry She...

Australia’s pooled fund managers had more than $4 billion wiped off their bottom line in the first quarter of this financial year as the September 11 tragedy in the US pl...

A former employee of the Melbourne based Lifestyle Group, John Lloyd Caust, has pleaded guilty in the Melbourne Magistrates’ court to seven charges of dishonestly using h...

Financial services group Challenger International Ltd has bought its first Melbourne property for $22.3 million, as part of a new property syndicate for retail investors....

Harts Australasia has lost its court battle against the Australian Securities and Investments Commission (ASIC), with the listed financial services group being forced int...

The way investors and advisers buy and redeem units in managed funds could be turned on its head with the advent of listed managed funds. Stuart Engel takes a look at the...

Financial services group Harts Australasia has said it will strenuously defend yesterday’s appointment of a provisional liquidator to wind up the group by the Australian ...

The listed property trust (LPT) sector has been tipped by Ausbil Dexia to continue to outperform the All Ordinaries index, at least until the end of this calendar year....

Online financial services group InvestorWeb (IWL) has struck a deal with Zurich Australia to purchase the latter’s subsidiary group, Accompli Technologies....

The international and domestic sharemarkets were already suffering significant losses prior to the negative impact of the terrorist attacks in the US, according to result...

Wealth seminar operators are threatening the advice given by financial planners and making it difficult to provide advice in the future, Ipac director and financial plann...