InvestorDaily news

Fri 03 Sep 2010

Platforms need ability to service different segments

One size fits all approach no longer valid

By Darin Tyson-Chan

A more segmented approach will be needed from platform providers in the future.... read more »

Unity the key to regaining client trust

Calls for unified value chain

By Kate Kachor

A fixation on fees, pricing and reforms is not the answer to regaining the trust of clients and investors, a number of industry leaders have said.... read more »

Advice body should have eviction powers: Lloyd

Industry should have one professional body

By Wouter Klijn

Perpetual's Geoff Lloyd makes case for single advice body that can evict bad planners.... read more »

Staff departure hits UBS property fund

Firm replaces key member

By Vishal Teckchandani

UBS's Property Securities Fund has been put on hold after the firm replaced its global real estate securities CIO with a former AIMS fund manager.... read more »

Countplus makes seventeenth acquisition

Reaffirms year-end listing target

By Vishal Teckchandani

Countplus has bought 25 per cent of Cartwright Brown & Company Financial Planning, its second last purchase before it floats.... read more »

PIH offloads property group stake

Part of merger deal

By Christine St Anne

The financial services firm finally sells off a failed property investment as it moves to finalise its merger with Centrepoint Alliance Limited.... read more »

Thu 02 Sep 2010

• Industry rejects new super gearing licensing
• Balmain Trilogy fails to win investor support
• Morgan Stanley recruits Macquarie advisers
• Perpetual hires 452 small-cap analyst
• Sunsuper steps up corporate focus
• Investorfirst targets advisers with pilot

Wed 01 Sep 2010

• Advice groups push ahead with agenda
• Superwoman records $5m in losses
• Global property funds skip distributions
• Offshore party eyes Bravura Solutions
• Emerging markets offer debt opportunities
• Equipsuper members tap into advice

Tue 31 Aug 2010

• Job losses for Macquarie Private Wealth
• Super members want fewer investment choices
• Staff departures hit Australian Ethical results
• Austock posts full-year loss
• Fortnum adds 15th member firm
• AMIST Super boosts investment team

Mon 30 Aug 2010

• Storm investors in dark as bank action ramps up
• Redundancies loom as MLC combines back office
• SMSF appeal affirms Administrative Tribunal powers
• ING hires BT retirement product specialist
• FSP creates national recruitment role
• Abacus fund chief resigns

Fri 27 Aug 2010

• IOOF defends its competitive strength
• SICAG members lobby independents
• SMSF sector well placed despite electoral uncertainty
• Direct risk insurance gains popularity
• Double-dip fears overblown: market strategists
• Morningstar rates SMAs