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Showing 12851 - 12860 of 21799 results for "Dec"

David Kiddie resurfaces at BNP Paribas UK

JAMES FERNYHOUGH  |  WEDNESDAY, 30 APR 2014
Former AMP Capital chief investment officer David Kiddie has been appointed chief executive officer of BNP Paribas Investment Partners' (BNPP IP) Institutional Business Line. Kiddie, who is British, left AMP Capital in December last year after four ...

BTIM posts strong half year numbers

MARK SMITH  |  WEDNESDAY, 30 APR 2014
BT Investment Management (BTIM) has reported an after-tax net profit of $83.1 million for the half year to 31 March 2014, up 143% on the same period last year. Statutory net profit after tax was up 243% to $78.3 million while cash earnings per share ...

AMP's ipac Financial Planning wins group of the year award

LAURA MILLAN  |  WEDNESDAY, 30 APR 2014
AMP-owned ipac Financial Planning has won CoreData's 2013 Advisory Group of the Year Award. The award is given to the licensee with the strongest ability to acquire prospective clients and it is based on the ratings of consumers who were in the market ...

Virgin Money cops fine for misleading direct insurance ads

MARK SMITH  |  WEDNESDAY, 30 APR 2014
Virgin Money Australia has been forced to pay $30,600 in penalties after some of its advertisements fell foul of the regulator. The Australian Securities and Investments Commission (ASIC) issued three infringement notices for misleading online and television ...

OneVue pitches Managed Accounts to industry funds

ALEX DUNNIN  |  WEDNESDAY, 30 APR 2014
Managed account provider OneVue is pitching its services to industry super funds that may be looking to add low cost platform functionality in an effort to meet the investment needs of high-end fund members who may otherwise be tempted to set up their ...

The music's still playing

BENJAMIN ONG  |  WEDNESDAY, 30 APR 2014
Who me? Worry, because... May is nigh? Looking at last night's trading action on Wall Street, Wall Streeters appear to be fear missing out (on more gains) more than they do that of the prospect of the "sell in May" crowd, going away in May. Just look ...

FSC will take FWC to Federal Court

JAMES FERNYHOUGH  |  TUESDAY, 29 APR 2014
The Financial Services Council (FSC) will take legal action against the Fair Work Commission (FWC) after it rejected the FSC's request for a hearing on the validity of the expert panel. FSC chief executive John Brogden said he would apply for "an urgent ...

Industry responds to super fees study

JAMES FERNYHOUGH  |  TUESDAY, 29 APR 2014
Superannuation industry bodies have responded to the Grattan Institute's report on super fees, arguing that fundamental change is not necessary. Tom Garcia, chief executive of the Australian Institute of Superannuation Trustees (AIST), said that the ...

Legal action on cards as FWC denies FSC requests

JAMES FERNYHOUGH  |  TUESDAY, 29 APR 2014
The Fair Work Commission (FWC) has rejected the Financial Services Council's (FSC) call for a hearing on the validity of the expert panel as well as its request for a one week extension on MySuper applications. In response to this decision, the FSC ...

Japan's 1997 deja vu

BENJAMIN ONG  |  TUESDAY, 29 APR 2014
Despite market optimism over 'Abenomics' and widespread expectations that the Bank of Japan (BOJ) would eventually announce further expansion of monetary policy, Japan's stock market continues to trend lower. The Nikkei-225 index has sunk by 11.4% so ...