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Showing 10251 - 10260 of 18276 results for "Plan"

Future Fund to buy airport assets

BEN COLLINS  |  MONDAY, 26 NOV 2012
... it is worth 22% more than the closing price of AIX shares on 23 August 2012, which was the last day they traded before the plan was first announced. AIX is a diversified transport infrastructure fund with investments in airports found in every state ...

Bendigo and Adelaide Bank to buy fin planning business

BEN COLLINS  |  MONDAY, 26 NOV 2012
Bendigo and Adelaide Bank has entered into an agreement to buy Southern Financial Group's financial planning business, loan book and some of its investments. The Bank said that the deal, worth $290 million, would allow it to expand its presence in western ...

Ex-Macq banker to head up Govt clean energy fund

BEN COLLINS  |  MONDAY, 26 NOV 2012
... ranks with more senior executives. In July 2011 the Gillard Government unveiled the CEFC as part of its Clean Energy Future Plan, alongside its controversial Carbon Tax. From 1 July next year the CEFC will start putting its own, as well as private sector ...

DUET Group approves internal management

BEN COLLINS  |  MONDAY, 26 NOV 2012
Plans announced in July to internalise the management of Macquarie and AMP Capital-owned utilities investor DUET Group have been approved by the listed fund's shareholders. Macquarie and AMP Capital now hope to internalise DUET's management arrangements ...

Giving thanks to thanksgiving

BENJAMIN ONG  |  MONDAY, 26 NOV 2012
Perhaps it's the drunken reverie that comes after stuffing too much stuffed turkey laced with cranberry sauce and downed with a bottle (or four) of cold Budweisers that turned Wall Street's mood into one of optimism last week. The S&P 500 index ended ...

CGT relief passes Senate

BEN COLLINS  |  FRIDAY, 23 NOV 2012
Capital gains tax relief legislation for superannuation funds passed through the Senate yesterday alongside two other key pieces of reform. Unrealised gains or losses on revenue and capital assets incurred from 1 October 2011 to 1 July 2017 can now ...

ASIC takes action against Storm adviser

BEN COLLINS  |  THURSDAY, 22 NOV 2012
A Storm financial planner has been slapped with an enforceable undertaking by the corporate watch dog after concerns about his advice to clients. Terence Webb's customers may have been advised to only put their money in the one investment strategy recommended ...

AMP merges fin planning businesses

BEN COLLINS  |  WEDNESDAY, 21 NOV 2012
AMP financial planning business ipac announced yesterday that it would integrate boutique financial advisory firm Tynan Mackenzie under the ipac brand. Tynan Mackenzie is also part of the AMP group. The integration will see Tynan Mackenzie transition ...

A good new year past the cliff

BENJAMIN ONG  |  WEDNESDAY, 21 NOV 2012

Market wrap PM

AAP  |  TUESDAY, 20 NOV 2012
... which are due to automatically come into effect from January, unless US politicians can agree on a long-term debt reduction plan. The tax hikes and spending cuts are expected to push the US back into recession with a significant knock-on impact on the ...