The Financial Planning Association (FPA) yesterday released a proposal that will radically alter membership criteria and could boost member numbers which slumped from a peak of about 14,000 in 2001 to its current level of just over 12,000.
Count chair resigns as group hits high
Barry Lambert, head of listed dealer group Count Financial, told the record 1,150 delegates at its annual conference in New Zealand yesterday that it was on track for a 40 per cent jump in earnings for this tax year.
Award-winning advice business hit by Westpoint scandal
Prosperity Advisers, a Newcastle-based multi-award winning accountancy and financial planning business, has been caught out in the Westpoint scandal, with angry clients chasing $15 million.
You win some, you lose some – MIR’s roller-coaster week
It’s been a good and bad week for MIR Investment Management. The value and momentum boutique equities manager won the Money Management/IMCA Funds Manager of the Year Award, while S&P Fund Ratings, which used to judge that award, put MIR’s main funds ‘on hold’ for investors.
Watson Wyatt replaces ‘half’ of Henaghan
Watson Wyatt Investment Consulting (WWIC) has gone part of the way to replacing former director of investment manager research, Sean Henaghan, who moved to AMP’s Future Directions Fund in February.
Pentacle funds offer quick redemption in ‘platform friendly’ structure
Pentacle Property Funds Management has launched two high-liquidity unlisted direct property funds of funds, with one offering investors access to their money within just three days.
AMP Capital opens up funds for retail investors
AMP Capital Investors is opening up four institutional managed funds to retail investors, in both on-and-off-platform versions. The funds will be offered via a new distribution channel, called AMP Capital Private Clients.
Most excellent: Count discovers star in Newcastle
At only 38 years of age Stephen Ballinger is a veteran of the financial services industry. Ballinger, who received an award for excellence at Count’s conference which kicked off yesterday in Auckland, explains what makes his business tick.
AUI Platypus Australian Equities Trust – Retail Units
Australian Unity launches a Platypus-managed concentrated Australian equity portfolio for retail & wholesale investors.
AUI Platypus Australian Equities Trust – Wholesale Units
Australian Unity launches a Platypus-managed concentrated Australian equity portfolio for retail & wholesale investors.
Thumbs up for super changes – now for the haggling over details
The need for better transitionary arrangements for some people who had aimed to retire within the next few years represents the main adverse reaction to the sweeping changes to superannuation brought down in last week’s Federal Budget.
FPA floats open-door policy
The Financial Planning Association (FPA) yesterday released a proposal that will radically alter membership criteria and could boost member numbers which slumped from a peak of about 14,000 in 2001 to its current level of just over 12,000.
