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| | | ... per cent, or 13.13 points, to 19,811.80. Shanghai jumped 0.85 per cent, or 17.44 points, to 2,073.15 as investors cheered a plan by blue-chip Baoshan Iron and Steel to buy back its shares, raising hopes of similar moves by other companies, dealers said. ... |
| | | | ... placed on advisers by Ord Minnett, who said that Wilson HTM would fail if they didn't leave the company. It was a deliberate plan to take over Wilson HTM without paying for it, "By Stealth," Coppin told Financial Standard this morning. Wilson HTM is ... |
| | | | ... group insurance offering brings together the features from the stand-alone AMP and AXA group products, such as a minimum plan size of 10 and relaxing underwriting requirement for larger plans. Bergin explained that offering a low minimum plan size means ... |
| | | | AMP has outlined plans to take full ownership of independently owned Futuro Financial Services (FFS) and merge the advice business with its own dealer group Charter Financial Planning by 2017. In March, AMP acquired a 10% stake in the advice business ... |
| | | | ANZ chief executive officer Michael Smith has sold $10.8 million worth of shares in the bank. In a statement to the Australian Securities Exchange (ASX) on Friday, ANZ said that Smith sold the shares "to fund a forthcoming income tax payment and to ... |
| | | | BetaShares has significantly expanded its distribution coverage since the beginning of 2012 with its ETFs now available on a much larger list of dealer group approved product lists and on multiple platform menus. This year there have been 54 counts ... |
| | | | Mortgage Choice is set to expand into financial planning by opening up 60 franchises by 2015 to sit along side its 380 countrywide home loan businesses. The mortgage broking group plans to be Australia's fastest growing branded financial planning organisation ... |
| | | | ... managing director Christopher Kelaher. IOOF reaffirmed its commitment to a proposed acquisition of Perth-based advice business Plan B, which is subject to 90% shareholder acceptance, when it announced its result. The Plan B acquisition is a clear strategic ... |
| | | | Australian managed accounts provider, Investment Administration Services (IAS) has renewed its affiliation with global financial services software provider, SS&C Technologies through the use of the firm's Global Wealth Platform to support its managed ... |
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