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Showing 12101 - 12110 of 21788 results for "Dec"

Spring FG promotes two execs to state manager

MARK SMITH  |  TUESDAY, 24 FEB 2015
Spring FG has made two new senior management appointments, bringing in state managers for Victoria and Queensland. Stefan Vadamootoo, who has been with Spring FG since 2012, takes responsibility for Victoria while Michael Oren has been appointed state ...

Blue Sky reports $2.6 million profit

STAFF WRITER  |  TUESDAY, 24 FEB 2015
Blue Sky Alternative Investments has reported an underlying net profit after tax of $2.6 million for the half year ending 31 December 2014. Underlying revenue stood at $16.5 million, up from $7.2 million in the prior corresponding period. The directors ...

Westpac, Count on ASIC radar over complex product advice

LAURA MILLAN  |  TUESDAY, 24 FEB 2015
Westpac and Commonwealth Bank-owned Count Financial are among the 10 licensees forced to undertake corrective action following concerns by the Australian Securities and Investments Commission (ASIC) concerns about financial advice relating to complex ...

Providers boost adviser access to managed accounts

LAURA MILLAN  |  TUESDAY, 24 FEB 2015
Financial advisers' access to separately managed accounts (SMA) more than doubled in the past year which could open the floodgates to wider uptake of the structure, the latest Investment Trends report said. Advisers who said their most-used platform ...

Mind over matter

BENJAMIN ONG  |  TUESDAY, 24 FEB 2015
Unlike the Greek tragedies of bailout past, investors appear to be taking a mind over matter attitude towards Grexit these days - that is, if you don't mind, it doesn't matter. The performance of the markets' fear gauge - the VIX index - tells us so. ...

PM Capital global fund boosts income growth

LAURA MILLAN  |  MONDAY, 23 FEB 2015
PM Capital Global Opportunities Fund total comprehensive income was $26.5 million for the six months to December 2014, up from $1.5 million last year. The ASX-listed fund reported earnings per share of 15.26 cents for the first half of the financial ...

Suncorp Life appoints distribution GM

LAURA MILLAN  |  MONDAY, 23 FEB 2015
Suncorp Life has appointed an executive general manager of distribution to face the challenging conditions of the life insurance industry. Andrew Mair will take over the role on March 9 and will report to Suncorp Life chief executive Geoff Summerhayes. ...

Breathing space or gasping room?

BENJAMIN ONG  |  MONDAY, 23 FEB 2015
"ATHENS - After nearly two weeks of tense negotiations, Greece and its troika of foreign creditors said Monday that they had clinched an agreement on economic measures that Athens must enforce to secure the release of further crucial rescue money." ...

Assistant Treasurer to consult with financial advice stakeholders

ALEX BURKE  |  FRIDAY, 20 FEB 2015
Assistant Treasurer Josh Frydenberg has announced he will discuss issues pertaining to professional, standards within the financial services industry with all relevant "stakeholders" prior to making any policy decisions. Noting the value of the Parliamentary ...

Insurers grow market share at cost of profits

ALEX BURKE  |  FRIDAY, 20 FEB 2015
The market share consolidation of Australia's four biggest wholesale insurers (TAL, AIA Australia, CommInsure and Metlife) is offset by declining profits in the long-term, according to Rice Warner's Wholesale Risk Insurance Report. The "big four" group ...