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Showing 1171 - 1180 of 1630 results for "Division 296"

New MD as Wilson HTM restructures

RUTH LIEW  |  TUESDAY, 9 MAR 2010
Wilson HTM Investment Group has ushered David Groth in as its new chief executive as the firm restructures its strategic relationship with Deutsche Bank. Groth's appointment follows the resignation of Garry Lowrey as managing director. According to ...

FPA launches anonymous reporting service

COMPANY RELEASE  |  FRIDAY, 26 FEB 2010
The Financial Planning Association (FPA) has launched its confidential misconduct reporting facility, FPA Confidential. Jo-Anne Bloch, chief executive at the FPA, said the system, which was developed in conjunction with Deloitte Touche Tohmatsu, would ...

Challenger income and index fund boost profit

MICHAEL HOBBS  |  MONDAY, 22 FEB 2010
Challenger Financial Services saw net profit after tax (NPAT) rise in the first half of the financial year thanks to strong returns from its life company division and the expansion of its product offering. The firm's normalised NPAT rose nine per cent ...

Macq sovereign bond fund scoops $300m

MICHELLE BALTAZAR  |  TUESDAY, 16 FEB 2010
Macquarie Funds Group has attracted $300 million of institutional money in a new fund that tracks index returns of sovereign bonds, with no management fees attached. Today Macquarie launched the Macquarie True Index Sovereign Bond fund, a fund that ...

Asian equities to open up

COMPANY RELEASE  |  TUESDAY, 9 FEB 2010
A new technology deal struck by major Asia-Pacific stock exchanges with NYSE Technologies this month could pave the way for more Australian investors to buy Asian equities much easier than before. According to a press statement, Bursa Malaysia (BM) ...

AMP planners back fee for service APL

MICHAEL HOBBS  |  TUESDAY, 9 FEB 2010
AMP's financial planners have thrown their support behind an approved product list (APL) that does not include any commissions - and fund managers keen to keep their business are fast adjusting to the change. Steve Helmich, director Financial Planning ...

APRA targets illegal early release on super

RUTH LIEW  |  MONDAY, 8 FEB 2010
Planners should take note of how they can help clients combat the illegal early release (IER) of super benefits, following APRA's letter last week to super fund trustees vulnerable to the practice. In the letter, APRA specifically targets IER involving ...

State Street settles suit for $340m

SEC RELEASE  |  MONDAY, 8 FEB 2010
State Street has agreed to pay more than $340 million in settlement to the SEC's charges on misleading investors about their exposure to sub-prime investments. According to the SEC, State Street also selectively disclosed more complete information to ...

Schroders wins business from super portfolio review

MICHAEL HOBBS  |  WEDNESDAY, 3 FEB 2010
Schroder Investment Management Australia is benefiting from a market trend where some super funds are pouring more money into fixed income assets. Simon Doyle, head of fixed income and multi-asset at Schroders, said the fixed income division is receiving ...

Financial services execs gain Aus day honours

MICHAEL HOBBS  |  TUESDAY, 2 FEB 2010
Industry heavyweights Michael D'Ascenzo, Robert Maple-Brown, and Peter Hall are among those honoured at this year's Australia Day celebrations for their work in and outside the finance industry. D'Ascenzo, ATO commissioner, and Maple-Brown, co-founder ...