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Showing 1081 - 1090 of 1630 results for "Division 296"

Equities don't work in retirement

ALEX DUNNIN  |  TUESDAY, 10 MAY 2011
High equity weightings in accumulation superannuation are unsuited to retirement funds, presenting a big opportunity to life offices and super funds to create products that mimic the age pension. Jeremy Cooper, former head of the Superannuation System ...

NAB grows FUM despite tough times

ALISON BEVEGE  |  FRIDAY, 6 MAY 2011
MLC & NAB Wealth increased their funds under management by 6.8 per cent to $121.9 billion in the year to March and added 241 financial advisers to its ever-growing network, according to half-yearly results released yesterday. The National Australia ...

BT Group profits rise $29 million

ALISON BEVEGE  |  WEDNESDAY, 4 MAY 2011
BT Financial Group's profits rose by 14 per cent to $243 million in the six months to March - a stellar result driven by an improvement in the funds management business, Westpac Group said today. The wealth management firm's $29 million rise in economic ...

ANZ plots wealth division growth

MATT WOODINGTON  |  TUESDAY, 3 MAY 2011
ANZ Banking Group expects growth rates in its Australian wealth management division to improve after posting a $41 million fall in net profit after tax for the half year ended March 31 2011. The bank, which posted overall statutory first half profit ...

Market Wrap - Midday

AAP  |  TUESDAY, 3 MAY 2011
The Australian market was firmly in the red at noon, down about one per cent as investor concern continues over the high Australian dollar ahead of the central bank's interest rates decision. At 1200 AEST, the benchmark S&P/ASX200 index was down 52.8 ...

IOOF new sales head

ELISE BURGESS  |  THURSDAY, 28 APR 2011
IOOF Holdings (IOOF) has named a new head of sales as it further targets the independent financial adviser market. Geoff Kellett took on the Sydney-based role this week and will be responsible for bringing IOOF's administration and investment offerings ...

Investec to launch equity derivatives platform

ELISE BURGESS  |  THURSDAY, 21 APR 2011
Investec has announced plans to launch an equity derivatives platform in July as it expands its team with a spate of new appointments including David Jones-Prichard who will head up the platform. The specialist bank group has released plans to add equity ...

State Street increases super potential

MATT WOODINGTON  |  MONDAY, 18 APR 2011
State Street has bulked up its superannuation department with two senior appointments in newly created roles. After seven years as a relationship manager at State Street, Daniel Cheever has stepped up to the role of head of superannuation for State ...

Bendigo aims to empower planners

MATT WOODINGTON  |  MONDAY, 11 APR 2011
Bendigo and Adelaide Bank officially launches Bendigo Wealth with a distinct focus on tailor made customer service from financial advisers. The new wealth management division has been created to align its portfolio of offerings, including leveraged ...

Market Wrap - Midday

AAP  |  MONDAY, 11 APR 2011
Australian stocks were firmer at noon, with the energy and gold sectors leading the market higher. However, stocks pulled back from their morning peak as banking stocks dipped into red figures by noon. At 1210 AEST, the benchmark S&P/ASX200 index was ...