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Showing 10681 - 10690 of 21783 results for "Dec"

Future Generation marks first year with strong performance

JAMIE WILLIAMSON  |  THURSDAY, 1 SEP 2016
Future Generation Investment Company (FGX) and Future Generation Global Investment Company (FGG) have delivered their first full year results. FGX has reported a 28.6% lift in after-tax profit, jumping to $14.62 million from $11.37 million last year. ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 1 SEP 2016
Australia private sector credit Total private sector credit increased by 0.4% in July - in line with market expectations - following a 0.2% gain in the previous month. Credit to housing and to business went up by 0.5% and 0.3%, respectively while personal ...

Lower pay offset by persistent bonuses

KERRIE SYDEE  |  WEDNESDAY, 31 AUG 2016
Average fixed pay for chief executives in ASX100 companies has fallen by 3.3% to $1.86 million, its lowest level in almost a decade. The fall was even larger across the entire ASX200, dropping by 4.6%, with CEOs taking home an average $1.51 million ...

LICG successful in triggering AFA EGM

JAMIE WILLIAMSON  |  WEDNESDAY, 31 AUG 2016
The Association of Financial Advisers (AFA) has confirmed it has received the minimum number of member submissions required under the Corporations Act to propose an amendment to its constitution via an extraordinary general meeting (EGM). Spearheaded ...

New platform allows super funds to share data with partners

MARK SMITH  |  WEDNESDAY, 31 AUG 2016
Data specialist Empirics has launched a new platform, MarketSuite Alliance, to enables super funds and their business partners to collaborate with their data in a secure and encrypted environment to help improve member retention and satisfaction. Empirics ...

NAB dispels housing bubble "toil and trouble"

ALEX BURKE  |  WEDNESDAY, 31 AUG 2016
A NAB executive played down fears of a housing crisis in Australia at an Actuaries Institute seminar. Speaking at the seminar in Sydney, NAB's global head of research for the global markets division Peter Jolly said that while Australian real estate ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 31 AUG 2016
Australia dwelling approvals The Australian Bureau of Statistics' (ABS) latest tally on building approvals show total new dwellings approved jumped by a sharp 11.3% in the month of July, more than offsetting the declines registered in June (-4.7%) and ...

NAS recognised as top custodian

DARREN SNYDER  |  TUESDAY, 30 AUG 2016
For the third consecutive year NAB Asset Servicing has been recognised as the top sub-custodian in Australia and New Zealand at the Transaction Processing Awards. NAB Asset Servicing executive general manager John Comito said the award was an endorsement ...

Prime continues to grow

JAMIE WILLIAMSON  |  TUESDAY, 30 AUG 2016
Prime Financial Group has reported a 20% boost in profits after tax compared to last financial year, totaling $3.23 million. Prime also saw a 13% increase in new business revenue, growing from $2.32 million to $2.62 million, and largely driven by the ...

Digital advice an economic problem

DARREN SNYDER  |  TUESDAY, 30 AUG 2016
An industry consultant believes superannuation funds banking on superior technology solutions or digital advice programs to deliver a competitive advantage should rethink their strategy. Adviser Network chief executive Duncan McPherson said super funds ...