Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 91 - 100 of 100+ results for Melanie Timbrell

Wealth down as ANZ posts $4.5bn profit

MELANIE TIMBRELL  |  FRIDAY, 17 AUG 2012
ANZ has posted unaudited underlying profit for the nine-month period to June 30 of $4.5bn, a rise of 5.5% on the prior corresponding period, driven by increases in income across divisions, with wealth the notable exception. Cash profit for the June ...

Advisers urged to discuss structured giving

MELANIE TIMBRELL  |  FRIDAY, 17 AUG 2012
Philanthropy director of Opportunity International, Stephen Robertson has said the increase in advisers initiating the philanthropy conversation with high net worth clients is worthy of recognition. While the decision to give is ultimately the clients' ...

Greens plan to fell Westpac-backed logging

MELANIE TIMBRELL  |  FRIDAY, 17 AUG 2012
Greens senator Lee Rhiannon yesterday moved a motion calling on the Government to get involved in the debate over Westpac's financial backing of logging operations in the Solomon Islands. Earlier this week Westpac was identified as the guarantor of ...

Julius Baer buys Merrill Lynch wealth

MELANIE TIMBRELL  |  FRIDAY, 17 AUG 2012
Swiss private banking group Julius Baer will acquire Merrill Lynch's International Wealth Management business outside the United States from Bank of America. It's understood Julius Baer paid 860 million Swiss francs for the acquisition, which is expected ...

ACSI lends weight to ASX plan for rights issues

MELANIE TIMBRELL  |  THURSDAY, 16 AUG 2012
The Australian Council of Superannuation Investors (ACSI) supports an ASX proposal to reduce the timetable for rights issues to 16 days. The ASX consultation on modernising the timetable for rights issues would see 10 days sliced off the current standard ...

Macquarie focuses on independents with Visor

MELANIE TIMBRELL  |  THURSDAY, 16 AUG 2012
Macquarie has renamed its financial planning software for independent advisers Visor, following last week's sale of the COIN business to Rubik. The sale saw the business divided into two software offerings. While Rubik Financial will service the institutional ...

Hastings securities in trading halt as PPA ups offer

MELANIE TIMBRELL  |  WEDNESDAY, 15 AUG 2012
Hastings securities have been placed in a trading halt ahead of this morning's announcement by Pipeline Partners Australia (PPA) that it has upped its all-cash offer price for Hastings Diversified Utilities Fund (HDF). PPA had until midnight (AEST) ...

Vision Super chief steps down

MELANIE TIMBRELL  |  WEDNESDAY, 15 AUG 2012
Vision Super chief executive of 19 years, Rob Brooks, will step down at the end of the month. The board is expected to announce an interim replacement while the fund continues its search for a merger partner following this year's failed attempt to combine ...

Vision Super issues shortfall liability notices

MELANIE TIMBRELL  |  WEDNESDAY, 15 AUG 2012
Local Victorian councils have received notification of the individual liabilities they face to cover the $400 million shortfall on a Vision Super defined benefit scheme. Each local authority's liability is determined on the number of active members ...

ASIC targets securities dealers

MELANIE TIMBRELL  |  TUESDAY, 14 AUG 2012
The Australian Securities and Investments Commission is honing in on securities dealers after discovering evidence of insufficient steps to ensure clients receive appropriate advice. ASIC's fourth market supervision report is the first to include information ...