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27 June 2011 • By Victoria Tait • 1 min read

FTSE buys Dow Jones out of joint venture

Index provider FTSE Group has acquired Dow Jones's half of their joint venture, Industry Classification Benchmark (ICB), a sector and industry ...

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Lonsec recommends Macquarie fund

Research house Lonsec has assigned its highly recommended rating to the Macquarie Income Opportunities Fund for a fourth straight year.Lonsec said it ...

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ASIC accepts EU from Kilara

Corowa-based adviser must work with an outside expert at its own expense for at least a year.ASIC has accepted an enforceable undertaking ...

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UK real estate a tough sell in Australia

Fidelity says UK commercial property is at a low point in the economic cycle.Direct property investment is gathering pace in Australia but investors ...

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Plan B reviews business, seeks new chief

Plan B intends to review its advice operations including all staff ahead of the appointment of a new chief.The chairman of Plan B Group (Plan B) will ...

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Legacy business costs Wilson HTM millions

Wilson HTM anticipates reporting a full year net loss after tax of around $5 million due to strategic changes and weak market conditions

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CFS undertakes internal review

Alan Kenny's role with Colonial First State has been restructured following an internal review.Colonial First State (CFS) has undertaken an internal ...

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Super consolidation to save $250M yearly

Australians will save around $250 million per year through consolidating their multiple super accounts, ASFA says.The Association of Superannuation ...

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WHK strategy to remain under new MD

WHK's new managing director intends to continue along the group's existing strategic direction.WHK Group will maintain its strategic direction and ...

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Adviser interest in ETFs rises

A greater number of financial advisers are advising on ETFs with more considering these types of investments.Australia's exchange traded fund (ETF) ...

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