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Showing 11401 - 11410 of 15807 results for "TER"

Fiducian plans further client portfolio buys

MATT WOODINGTON  |  WEDNESDAY, 31 AUG 2011
Fiducian Portfolio Services hopes to add to the $1 million it spent on acquiring client portfolios in the last year, after announcing a 7.8% rise in after tax profit for the financial year ended June 30 2011. Its $4.43 million net consolidated profit ...

BT: product strength will defend market share

ALISON BEVEGE  |  WEDNESDAY, 31 AUG 2011
BT, a major platform provider for Count Financial, today said it is confident its product business will stand on its merits and will not be harmed even though a key rival is buying its major client. Count Financial runs $6.2 billion across its preferred ...

PM Gillard: super to support economic stability

ELISE BURGESS  |  WEDNESDAY, 31 AUG 2011
Prime Minister Julia Gillard spoke of the importance of Australia's super industry as an "anchor" for the economy and the changes ahead in an address to over 600 wealth management professionals in Sydney this morning. In a 30-minute speech discussing ...

Mercer super members seek help in volatility

ELISE BURGESS  |  WEDNESDAY, 31 AUG 2011
Mercer Super Trust members and those of stand-alone funds serviced by Mercer, have inundated the group's helpline for advice on market volatility. Recent data from Mercer found people are engaging with their super funds far more readily these days as ...

Short-termism crippling wealth management

ELISE BURGESS  |  WEDNESDAY, 31 AUG 2011
The economic costs of short-termism by the wealth management industry is hindering financial performance and resulting in significant losses to equity holders, according to boutique Australian Equity fund manager, Hyperion. Short-termism, as discussed ...

Mercer awards three new mandates worth nearly $1 billion

ALISON BEVEGE  |  TUESDAY, 30 AUG 2011
Investment management and consulting group Mercer has allocated three new mandates worth a total of $810 million. Specialist Australian equity manager Intrinsic Investment Management has been awarded $600 million, or about 15% of the $4 billion, Mercer ...

Market Wrap - Morning

AAP  |  TUESDAY, 30 AUG 2011
The Australian market looks set to open higher, after wall overnight closed up two per cent as upbeat US consumer spending figures lifted hopes that economic growth will pick up and Hurricane Irene caused less damage than feared. At 0714 AEST on Tuesday ...

FOFA: Opt-in obligations, ASIC

ELISE BURGESS  |  MONDAY, 29 AUG 2011
The much anticipated proposed regulations for the financial advice industry have been announced with opt-in, the banning of commissions, new powers for ASIC and a consultation paper on the term 'financial planner' outlined in the first tranche of draft ...

Industry body applauds move to define financial planners

MATT WOODINGTON  |  MONDAY, 29 AUG 2011
The government will release a public consultation paper on defining the term 'financial planner' by law, obliging advisers to prove their credentials before offering services to clients. The Treasury has drawn praise from industry bodies for announcing ...

Count Financial profit surges on windfall float

ALISON BEVEGE  |  MONDAY, 29 AUG 2011
Financial planning group Count Financial reported a profit surge of $51.56 million, a 113% increase on the previous corresponding period, in its annual results today. The announcement was expected after the firm issued earnings guidance earlier this ...