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Showing 1061 - 1070 of 2671 results for "Purchase"

AIA grows health insurance offering

KARREN VERGARA  |  TUESDAY, 1 AUG 2017
AIA is expanding its Vitality health insurance offering with the launch of a new brand. MyOwn health insurance offers hospital and extras cover ranging from the basic package to the top level of cover for families. Actively engaged members may also ...

Australian businesses lift borrowing

BENJAMIN ONG  |  TUESDAY, 1 AUG 2017
Signaling a reorientation in Australia's credit markets, the RBA Financial Aggregates report for June shows that business borrowing has surged relative to home borrowings even as home borrowing still dominates credit markets. According to the RBA total ...

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BENJAMIN ONG  |  MONDAY, 31 JUL 2017
Wall Street's on a tear with all of the equity market's benchmark indices - S&P 500; Dow Jones; Nasdaq; Russell 2000 - hitting record highs last week. The most proximate cause is, of course, the strong June quarter earnings results. According to Factset ...

Boutique manager selects A-REIT and small-cap specialists

DARREN SNYDER  |  THURSDAY, 27 JUL 2017
... the deal, the fund has entered into an assignment agreement with the vendor, SOP 8D (an entity associated with FDC) to purchase the interest in the "to-be-created" asset and "to be granted" a 99-year lease of the land. Folkestone managing director Greg ...

Inflation matters

BENJAMIN ONG  |  WEDNESDAY, 26 JUL 2017
In his interview with 'The Independent' earlier this month, the Bank of England's (BOE) MPC external member Gertjan Vlieghe cautioned: "This is an environment where a premature hike would be a bigger mistake than one that turns out to be slightly late." ...

FOFA breach sees former adviser banned

JAMIE WILLIAMSON  |  THURSDAY, 20 JUL 2017
... establish a self-managed superannuation fund (SMSF) and use limited recourse borrowing arrangements (LBRAs) to fund the purchase of real property. This advice was deemed by ASIC to be in breach of the FOFA reforms. Atkins was a representative of Westpac ...

Clime acquires equities boutique for $3.6m

ALEX BURKE  |  MONDAY, 17 JUL 2017
... assets under management past $700 million with the acquisition of a Sydney-based Australian equities boutique. Clime will purchase CBG Asset Management, which has $130 million in assets across three mandates including a listed investment company, for ...

IRESS and MainstreamBPO in super admin deal

KARREN VERGARA  |  THURSDAY, 13 JUL 2017
... banks, have a combined funds under administration of about $650 million. MainstreamBPO will pay $3.5 million inclusive of purchase price, and various legal and transaction fees. In October last year, IRESS acquired superannuation software firm Financial ...

Advisers backing fractional property investment

JAMIE WILLIAMSON  |  MONDAY, 10 JUL 2017
A financial adviser dealer group has embraced the fractional investment opportunities presented by DomaCom after clients successfully purchased two properties in Victoria and Queensland via HUB24. A crowdfunding campaign by GPS Wealth clients saw DomaCom ...

ASIC calls on NAB to improve disclosure

JAMIE WILLIAMSON  |  FRIDAY, 7 JUL 2017
... customers - a requirement under the Corporations Act. ASIC said the non-disclosure occurred when customers were advised to purchase products issued by NAB Group-related firms, including MLC-branded and boutique investment manager products. The Statements ...