Month: March 2009

Financial Planners Facing Crisis of Confidence

Financial planners need to decide if now is the time to face their industry’s poor perception, according to the Australian Securities and Investments Commission (ASIC) senior executive leader, financial advisers, Deborah Koromilas. Speaking at a Financial Planning Association (FPA) update, Koromilas acknowledged that the planner has become linked to the performance of the investment. The…
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Masterfund market plummets

Drops 15 per cent By Alice Uribe Wed 04 Mar 2009 All three Masterfund sub-markets report falls in FUM. The total Masterfund market, comprising platforms, wraps and master trusts, dropped nearly 15 per cent for the year to 30 September 2008, according to the latest statistics from Plan for Life Actuaries and Researchers. The research…
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