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Showing 10581 - 10590 of 18276 results for "Plan"

Perpetual to slash 40% of workforce

BEN COLLINS  |  MONDAY, 25 JUN 2012
... are underway. The cuts are part of a three-year program aimed at reducing costs by $50 million annually. In line with the plan, several changes have been made to Perpetual's executive management team. "When we appointed Geoff Lloyd as chief executive ...

More of the same

BENJAMIN ONG  |  MONDAY, 25 JUN 2012
... taken." Just a pizza get-together over a bottle of vino rosso by the Fontana di Trevi. We'll know more about the European Plan when leaders meet later in the week in Belgium. In the meantime, expect more trades ups and downs in the financial markets ...

MCCA up 80pct, new funds on track

ALEX DUNNIN  |  FRIDAY, 22 JUN 2012
Muslim Community Co-operative Australia's (MCCA) Income Fund recently surpassed $18.45 million representing 80% growth over the same period last year. The Fund is on target to deliver a very competitive second year result and performance in a particularly ...

CommInsure adds to restructured advice team

MELANIE TIMBRELL  |  FRIDAY, 22 JUN 2012
CommInsure has added to its newly restructured retail advice distribution team with the appointment of Ben Bancroft as national accounts manager. Tony Smith, former head of national accounts departed CommInsure for ClearView Wealth in February, prompting ...

Census 2011: Australia is changing, and fast

ALEX DUNNIN  |  FRIDAY, 22 JUN 2012
The Australian Bureau of Statistics has just released the results of the 2011 Census and they paint a picture of a nation changing positively and very rapidly. The census was conducted in August last year with 9 million dwellings and their 22.8 million ...

FOFA passes as industry backs professionalism

MELANIE TIMBRELL  |  THURSDAY, 21 JUN 2012
Industry bodies have broadly welcomed yesterday's passage of the FOFA legislation through the Senate, with the focus on codes of conduct effectively setting up the industry for self-regulation amid the push towards professionalism and better consumer ...

PE firms Myanmar bound

MELANIE TIMBRELL  |  THURSDAY, 21 JUN 2012
Hong Kong-based private equity firm Bagan Capital is already spreading the word among institutional investors and high-net worth individuals about its newest fund dedicated entirely to the former pariah state of Myanmar. With a local securities exchange ...

Foreign MIS tax legislation delayed

BEN COLLINS  |  THURSDAY, 21 JUN 2012
Federal government plans to raise the tax rate on managed investment schemes have been delayed after the proposal was pulled from a bill before parliament yesterday. The measure proposed to double the rate from 7.5% to 15%, forcing assistant treasurer ...

Asset allocation more important than clever products

LINDA HAUSKEN  |  WEDNESDAY, 20 JUN 2012
Advisers are relying more on smarter asset allocation strategies than complex new products, reveals a survey of its advisers by independent superannuation and investment platform provider Wealthtrac. The survey conducted last month found that almost ...

Guardian Advice adds BT Life to insurer panel

BEN COLLINS  |  WEDNESDAY, 20 JUN 2012
Guardian Advice has added BT Life to its existing group of preferred partners. Guardian Advice head Simon Harris said the move follows satisfaction with the BT Life distribution team. BT Life joins Asteron Life, AIA, OnePath and CommInsure on the Guardian ...