AMP could add up to $750 million to its super fund business if all of the 300,000 clients it has contacted accept its offer to consolidate lost super accounts into an AMP product.
Listed infrastructure needs tougher rules, Tagliaferro says
Anton Tagliaferro, director of Investors Mutual, has raised concerns about the regulation of listed infrastructure funds calling for changes to the disclosure and accounting requirements for the stapled securities, which are usually a feature of such products.
Etrade to be top client for Praemium
Etrade will become one of Praemium’s biggest clients following the roll-out of a new portfolio administration service for financial intermediaries which began last week, according to Arthur Naoumidis, Praemium chief.
FPA expects minor fallout from new conflicts policy
The bulk of the Financial Planning Association (FPA) members are supportive of its new conflict of interest rules but some fall-out will be inevitable, according to John Anning, FPA head of public policy.
Multi-manager a multi-million dollar hit for Navigator
Navigator’s fund-of-funds products have garnered $750 million in the year or so since their launch, according to Rob Donaghy, Navigator’s Group Director Products
BOLR over as MLC takes principled approach
MLC Advice Solutions is reviewing its buyer of last resort (BOLR) program following last week’s release of the FPA’s Principles for Managing Conflicts of Interest.
Gamble paid off but Virgin still eyeing up financial services
Virgin Money plans to launch more financial services products in addition to its new Home Loan in the wake of the departure of former chief executive, Rohan Gamble.
New Avenue opens for Novocastrian sea changer
From the pressure-cooker life as a ‘City’ stockbroker in London, Craig Leibbrandt has morphed into a financial planner carving out a specialist practice in the emerging lifestyle city of Newcastle – Newcastle, Australia that is. Leibbrandt explains why a new dealer group has helped him create the business model he desires.
Top six issues for super funds: FEAL invites feedback
Howard Rosario, chief executive of Westscheme, has posed a series of questions for his fellow fund executives about the future of their roles and the prospects for their funds. Published by the Fund Executives Association Ltd (FEAL) in its latest newsletter, comments have been invited for further discussion.
Perennial Australian Listed Property Securities Trust
Perennial offers wholesale investors a portfolio of listed property securities.
Cohen & Steers Global (ex-Australia) Listed Property Fund
Perennial offers wholesale investors a portfolio of listed property securities.
Cohen & Steers Global Listed Property Fund
Cohen & Steers launch 2 listed property funds, utilising an integrated global approach, for the wholesale market.
