AFA endorses LIF Bill

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Following months of negotiation, the Association of Financial Advisers (AFA) supports the Corporations Amendment (Life Insurance Remuneration Arrangements) Bill 2016, introduced by the Government to the Lower House yesterday, as... Read more continue reading

IOOF Pursuit celebrates 10 years

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IOOF yesterday announced the tenth anniversary of its flagship platform, IOOF Pursuit, reporting $16.4 billion in funds under administration (FUA) as at 31 August 2016. IOOF Pursuit was first launched in... Read more continue reading

Further platform additions for the Pan-Tribal Global Equity Fund

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The Pan-Tribal Global Equity Fund has been added to leading platforms MLC Wrap and Navigator. Pan-Tribal Asset Management today announced that the Pan-Tribal Global Equity Fund has been added to... Read more continue reading

Statement from Tal regarding Life Insurance Code of Practice

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TAL fully supports the Financial Services Council (FSC) in their development of a strong Life Insurance Code of Practice, which was released yesterday. This Code of Practice sets out substantial... Read more continue reading

BetaShares launches Australian Ex-20 Portfolio Diversifier ETF

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BetaShares, a leading Australian exchange-traded fund (ETF) manager, yesterday announced the launch of the BetaShares Australian Ex-20 Portfolio Diversifier ETF (ASX: EX20). The fund is designed to track an Index (1)... Read more continue reading

Nikko AM wins Aussie equity mandate

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TWUSUPER has awarded Nikko AM a mandate in their long running Australian Equities Comparative Value Analysis strategy. TWUSUPER’s CIO, Andrew Killen, said that “the Board were impressed with the long-term... Read more continue reading

BAEP wins ‘Fund Manager of the Year’

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Bennelong Australian Equity Partners (BAEP) has won ‘Fund Manager of the Year’ at the Professional Planner/Zenith Fund Awards, announced on Friday at a ceremony in Sydney. This award capped what... Read more continue reading

AMP Capital acquires Western Australian prison in PPP deal

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AMP Capital has acquired the Kalgoorlie-based Eastern Goldfields Regional Prison Redevelopment Project from Lend Lease and MLC. The project, which will sit within AMP Capital’s Community Infrastructure Fund (CommIF), is... Read more continue reading

FinClear acquires Lonsec’s stockbroking business

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Lonsec Fiscal Holdings Pty Ltd (Lonsec) yesterday announced that it has sold its stockbroking business to FinClear Pty Ltd (FinClear). FinClear is a locally owned financial services business providing wholesale market... Read more continue reading

Tourism: China & Indonesia challenge NZ

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Weekly petrol prices; Tourism data Tourist arrivals/departures: Arrivals fell by 0.2 per cent in August in seasonally adjusted terms. And departures fell by 0.8 per cent. China record: Tourists from... Read more continue reading