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Showing 1231 - 1240 of 2672 results for "Purchase"

Government acts on income streams review

DARREN SNYDER  |  WEDNESDAY, 4 MAY 2016
... a declining capital access schedule." The review says the alternative product rules should be designed to accommodate purchase via multiple premiums but additions to existing income stream products should continue to be prohibited. It also says Self-Managed ...

Ten-year enterprise tax plan to benefit SMEs

KERRIE SYDEE  |  TUESDAY, 3 MAY 2016
Financial advisers and superannuation industry service providers are likely to be the main beneficiaries of company tax cuts in the 2016/17 Budget. From 1 July 2016 the small business tax rate will be lowered to 27.5% and the turnover threshold for ...

AZ NGA signs twelfth firm

KERRIE SYDEE  |  TUESDAY, 3 MAY 2016
AZ Next Generation Advisory has signed a binding sale and purchase agreement to acquire the entire capital of its twelfth firm. Sterling Planners was established in 1997 and currently services clients from North Sydney. The firm offers clients a full ...

Acorns app enters superannuation sector

ALEX BURKE  |  MONDAY, 2 MAY 2016
Micro-investment savings app Acorns has entered into a partnership with the Association of Independently Owned Financial Professionals to create a new Acorns-like app for superannuation contributions. As previously reported in Financial Standard, Acorns ...

BoJ now top 10 shareholder in 200 stocks

MARK SMITH  |  WEDNESDAY, 27 APR 2016
The Bank of Japan's stimulus measures have seen it quietly become one of the largest shareholders in the nation's largest companies, analysis from Bloomberg shows. The Japanese central bank is currently buying up equity ETFs at a rate of ¥3.3 trillion ...

AZ NGA subsidiary acquires $97m Adelaide practice

ALEX BURKE  |  TUESDAY, 26 APR 2016
... estate planning. The acquisition will bring Pride Advice's total funds under advice to $250 million. Commenting on the purchase, Pride Advice chief executive Brett Schatto said: "This is a logical step for [BCM founding principal Ken Bailey] who is looking ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 22 APR 2016
... of its targeted longer-term refinancing operations (TLTRO II) purchases of corporate bonds under the corporate sector purchase programme (CSPP). In his introductory statement, ECB president Mario Draghi announced that the ECB expects interest rates "to ...

Australians pessimistic about retirement lifestyle

KERRIE SYDEE  |  MONDAY, 18 APR 2016
... 31.9% stating they have a good understanding of what an annuity can offer and only 27.3% claimed they were likely to purchase one in retirement. Kristen Turnbull, head of WA at CoreData, said that the average superannuation balances at retirement of ...

Infrastructure Capital Group targets $1bn for asset purchases

MARK SMITH  |  MONDAY, 18 APR 2016
Fund manager Infrastructure Capital Group (ICG) is looking to raise $1 billion from domestic and international institutional investors to add quality established infrastructure businesses and new development projects to its mid-market infrastructure ...

Statewide Super and Financial Synergy announce new partnership

DARREN SNYDER  |  MONDAY, 18 APR 2016
... Financial Synergy chief executive Stephen Mackley said no longer do super trustees and funds have the same appetite to purchase a platform with significant upfront costs and separate maintenance agreements. "The market has been drifting to this platform ...