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Showing 12981 - 12990 of 29110 results for "PRI"

Prime subsidiary acquires accounting firm

ALEX BURKE  |  FRIDAY, 26 AUG 2016
Prime Financial Group subsidiary MPR Group has acquired an accounting firm, expanding its accounting footprint in the process. Prime already had a minority interest in Melbourne-based Watermans International, but as part of MPR's strategic growth plan ...

Easton makes $2.75m acquisition

ALEX BURKE  |  FRIDAY, 26 AUG 2016
Easton Investments has acquired a provider of corporate, trust and SMSF documentation for $2.75 million. Panthercorp CST's documentation services are primarily used by accounting businesses for clients looking to incorporate businesses or create trust ...

ASIC bans former Macquarie advisers

JAMIE WILLIAMSON  |  THURSDAY, 25 AUG 2016
ASIC has banned two former Macquarie advisers from providing financial services. Anthony Jason Sourris and Sarah Kate Gardner have been banned for two and a half years and one year respectively after ASIC found they were both involved in, and lied to ...

LIC helped by high gold and cash exposure

DARREN SNYDER  |  THURSDAY, 25 AUG 2016
Listed investment company Hunter Hall Global Value delivered an investment portfolio return of 12.3% last financial year, outperforming MSCI World by 11.9%. The LIC also produced an after tax profit of $30.5 million. Hunter Hall Global Value chairman ...

Perpetual reports 8pc profit boost

ALEX BURKE  |  THURSDAY, 25 AUG 2016
Perpetual has reported an 8% boost in statutory net profit in its FY2016 results. The $132 million NPAT was largely driven by the $118.1 million before-tax profit in Perpetual's investment management business, even if this was 6% lower than the prior ...

Finsia appoints new CEO

ALEX BURKE  |  THURSDAY, 25 AUG 2016
Finsia has appointed a new chief executive. Chris Whitehead joins Finsia from consulting firm BITPaC, where he was principal. Prior to that, he was chief executive of Credit Union Australia from 2009 to 2015, having been regional director, Scotland ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 25 AUG 2016
Australia construction work done A sharp 9.0% drop in engineering in the June quarter accounted for all of the 3.7% fall in the value of total construction work done in the three months to June - worse than market expectations for a 1.9% fall. The value ...

Super fund backs Sydney water

DARREN SNYDER  |  WEDNESDAY, 24 AUG 2016
An industry superannuation fund is recommitting investment in one of Sydney's largest infrastructure assets, maintaining the fund's significant allocation in the 'fortress-like' asset class. UniSuper is extending its partnership in the Prospect Water ...

ASIC accepts EU from My Adviser

KERRIE SYDEE  |  WEDNESDAY, 24 AUG 2016
ASIC has accepted the enforceable undertaking (EU) of My Adviser after an investigation found one of its representatives had provided poor and unauthorised advice on a number of instances. The investigation, which commenced in January 2016, looked at ...

Risk advice revenue falls 7pc in 2016

KERRIE SYDEE  |  WEDNESDAY, 24 AUG 2016
Risk advice revenue has dropped to the lowest point since 2013 as advisers anticipate the impacts of pending Life Insurance Framework (LIF) reforms, according to the Investment Trends 2016 Planner Risk Report. According to the report, the average adviser ...