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Showing 12711 - 12720 of 22167 results for "Tim"

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 ...

Corporate super adviser body beefs up to face challenges

LAURA MILLAN  |  FRIDAY, 13 FEB 2015
The Corporate Super Specialist Alliance (CSSA) has appointed its first salaried chief executive to lead the way for embattled corporate super financial advisers. Former CSSA president Douglas Latto will take up the position of chief executive officer ...

Focus on yield is distorting asset prices: PM Capital

LAURA MILLAN  |  FRIDAY, 13 FEB 2015
Australian investors' strong focus on yield is distorting asset prices and increasing the risk of falling into a "yield trap," PM Capital head of distribution Rob Thompson said. The focus on yield is compromising the risk/reward proposition and introducing ...

Suncorp chief executive to depart

ALEX BURKE  |  THURSDAY, 12 FEB 2015
Suncorp Group chief executive Patrick Snowball has confirmed reports he will leave the company by the end of 2015. The news was delivered as Snowball announced group profits were up net 15% to $631 million. Profit was mostly driven by Suncorp's general ...

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 ...

FSI proposal to ban LRBAs "draconian"

LAURA MILLAN  |  THURSDAY, 12 FEB 2015
The Financial System Inquiry (FSI)'s recommendation to ban limited recourse borrowing arrangements (LRBAs) is "a draconian move that we need to reflect on," the Association of Financial Advisers (AFA)'s chief operating officer Phil Anderson said. "LRBAs ...

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 ...

QIC appoints independent investment chair

ALEX BURKE  |  THURSDAY, 12 FEB 2015
Paul Costello has been appointed independent chairman of the QIC Global Infrastructure Investment Committee. Previously managing director of the Future Fund and New Zealand Superannuation Fund's first chief executive, Costello began his new role at ...

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 ...

Twin Peaks model optimal for financial stability

ALEX BURKE  |  WEDNESDAY, 11 FEB 2015
The "Twin Peaks" regulatory model is the ideal approach to ensure financial stability, according to research by the Centre for International Finance and Regulation (CIFR). The model, which pivots on regulation of financial services by independent entities ...

Editor's Choice

Mercer Super chief executive steps down

RIDDHIMA TALWANI
Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI
The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI
L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI
Apostle Fund Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.
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