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Showing 11211 - 11220 of 21783 results for "Dec"

IAG appoints new chair

ALEX BURKE  |  THURSDAY, 18 FEB 2016
IAG has appointed the former chief executive of Deutsche Asset Management Australia as its new chair. Elizabeth Bryan has been a director of IAG since December 2014 and became deputy chair in June 2015. She is also the chair of Virgin Australia and ...

Zurich launches LIF support initiative

MARK SMITH  |  THURSDAY, 18 FEB 2016
Zurich Financial Services Australia is launching a life insurance framework (LIF) support package for financial advisers, via a national roadshow. The 'Blueprints for the Future' comprise five pillars of LIF support, designed to help advisers position ...

Another 6-9 months under Downunder

BENJAMIN ONG  |  THURSDAY, 18 FEB 2016
This is the picture of Australia painted by the latest Westpac-Melbourne Institute leading index of economic activity. The headline index fell to a reading of 97.13 in January from 97.17 in the previous month. This is the index's lowest level on record ...

ANZ cash profit up, net down

ALEX BURKE  |  WEDNESDAY, 17 FEB 2016
ANZ has announced an unaudited cash profit of $1.85 billion in the three months to 31 December 2015, up 4% on the prior corresponding period. Statutory net profit was $1.6 billion, down slightly from the $1.65 billion reported for the December 2014 ...

Combined Insurance to cease new Australian business

ALEX BURKE  |  WEDNESDAY, 17 FEB 2016
Combined Insurance has announced it will cease writing new Australian business on April 22. The insurer said that the decision will not impact existing policies and followed a "detailed review of the company's business operations and growth prospects." ...

ETF revenue doubling every 18 months

JOHN DYALL  |  WEDNESDAY, 17 FEB 2016
It is well known that the Exchanged Traded Fund (ETF) market is continuing to power ahead with enviable inflows every month. Even more impressive is that this has been achieved against a backdrop of negative market returns. One of the attractions of ...

ASFA chief executive Vamos to step down

MARK SMITH  |  WEDNESDAY, 17 FEB 2016
Association of Superannuation Funds of Australia (ASFA) chief executive Pauline Vamos has decided that the time is right to step down after eight and a half years in the role. The ASFA board will shortly commence recruitment for her replacement and ...

Dear Chancellor

BENJAMIN ONG  |  WEDNESDAY, 17 FEB 2016
"UK inflation climbs to highest in a year" (Irish Times). "UK inflation nudges up to 12-month high" (Financial Times). "UK inflation gathers steam in January" (Business Spectator). In a world where low and/or declining prices have become the norm, headlines ...

Advisers halt HNW slide

MARK SMITH  |  TUESDAY, 16 FEB 2016
There are signs that advisers have recovered from last year's slide in the number of high net worth investors (HNWs) using their services. According to a recent Investment Trends survey of around 3000 HNWs with a combined $11.5 billion in investible ...

"More focused" NAB lifts profit

MARK SMITH  |  TUESDAY, 16 FEB 2016
An 8% rise in quarterly cash earnings saw National Australia Bank (NAB) post cash profit to $1.5 billion for the December quarter. Total cash earnings for the period stood at $1.7 billion owing to increased margins and a halving of bad debts. "Our performance ...