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Showing 12141 - 12150 of 21794 results for "Dec"

ASX half-year profit up 4.7%

ALEX BURKE  |  FRIDAY, 13 FEB 2015
ASX Ltd has released its half-year results to 31 December 2014 and has lifted profit 4.7% to $198.6 million. Revenues rose by 5.9% to $348.7 million, and the ASX will pay a fully-franked interim dividend of 92.3c to shareholders in March. According ...

Market Wrap PM

AAP  |  FRIDAY, 13 FEB 2015
The share market has opened higher as investors welcomed Rio Tinto's profit growth and massive return to investors. A strong lead from Wall Street, rising commodity prices and optimism driven by a ceasefire agreement in Ukraine also boosted investor ...

Former UBS chief executive launches asset management firm

ALEX BURKE  |  THURSDAY, 12 FEB 2015
Former UBS chief executive Colin Woods has launched Pan-Tribal Asset Management. Pan-Tribal describes itself as an investment management firm geared towards "providing breadth of asset management capabilities across a range of asset classes and investment ...

Performance competition returning to default super

STAFF WRITER  |  THURSDAY, 12 FEB 2015
The SelectingSuper MySuper rolling 12 month performance index holding steady on 8.3% during October to December masks something more subtle - the return of performance competition into superannuation and the strong debut of life stage investing. SelectingSuper's ...

ACSI chief executive to step down

ALEX BURKE  |  THURSDAY, 12 FEB 2015
Australian Council of Superannuation Investors (ACSI) chief executive Gordon Hagart will step down in April and return to Europe. Hagart expressed his regrets about the unexpected news but said the "difficult decision" was right for his family. "I've ...

Market Wrap AM

AAP  |  THURSDAY, 12 FEB 2015
The Australian market looks set to open higher after falls or flat performances on international bourses ahead of the conclusion of an emergency eurozone meeting on the Greek crisis. At 0858 AEDT on Thursday, the March share price index futures contract ...

SPAA rebrands as SMSF Association

ALEX GAMBOTTO-BURKE  |  WEDNESDAY, 11 FEB 2015
The SMSF Professionals' Association of Australia (SPAA) has renamed itself the SMSF Association. According to SMSF Association chief executive Andrea Slattery, the change occurred because the organisation needs to "[reflect] the importance of the SMSF ...

Ex-ANZ adviser sent to jail over $6m fraud

LAURA MILLAN  |  WEDNESDAY, 11 FEB 2015
A former ANZ financial adviser was jailed for six years and three months for defrauding over $5.9 million over a period of 20 years. Melinda Scott will serve three years and ten months in jail before being eligible for parole, the NSW District Court ...

AMP Capital joins retirement education portal

MARK SMITH  |  WEDNESDAY, 11 FEB 2015
AMP Capital has become the sixth asset manager to join the Lonsec Retire Industry Panel, an online portal designed to help planners give better retirement advice to their clients. The website, www.lonsecretire.com.au, already has the support of NAB ...

CBA wealth management FUA up 11%

MARK SMITH  |  WEDNESDAY, 11 FEB 2015
Commonwealth Bank's wealth management division contributed strongly to the bank's solid half-year result, increasing funds under administration by 11% and delivering outperformance from 85% of funds over three years. The bank reported a statutory net ...