Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1391 - 1400 of 2859 results for "Division"

Manus and Nauru are immoral and risky: super funds

LAURA MILLAN  |  THURSDAY, 27 AUG 2015
... revenue comes from government contracts to manage asylum seeker detention centres in Manus and Nauru. Transfield's defence division was the only one to deliver profit for the half year to February 2015, with divisions not depending on government contracts ...

Perpetual's acquisition of The Trust Company pays off

LAURA MILLAN  |  THURSDAY, 27 AUG 2015
... business activity," Perpetual chief executive Geoff Lloyd said. Perpetual Private's profit was $37.5 million and the division continues to target the high net worth market through different strategies such as launching an accountant preferred business ...

ClearView life insurance drives $20m profit

ALEX BURKE  |  WEDNESDAY, 26 AUG 2015
... $20.5 million in FY2015, up 4% on the previous year. This growth was primarily driven by the company's life insurance division, which boosted net profit by 41% to $15.3 million, thanks to a 26% in new business and 32% increase in in-force premium. ClearView's ...

Industry fund competes directly with advice networks

LAURA MILLAN  |  WEDNESDAY, 26 AUG 2015
... well-educated and we have privileged access which enables us to design products and solutions - such as our open Defined Benefit Division - specifically for our members," he said, adding: "This makes access to quality, professional advice that demonstrates ...

PROFILE: J.P. Morgan head of Australia funds David Hallifax

ALEX BURKE  |  WEDNESDAY, 26 AUG 2015
... extensive - there were probably 17 interviews!" As with Schroders, Hallifax would be responsible for building up a whole new division of the business - in this case, JPMAM's retail presence in Australia. "It's definitely been highly successful globally ...

OneVue close to turning profit

MARK SMITH  |  TUESDAY, 25 AUG 2015
... partly off-set by a 62% rise in operating expenses to $24.72 million. During the period, the company's platform services division, which offers online reporting and transaction capabilities across the superannuation sector, completed the acquisition ...

Blue Sky delivers 68% profit as alternatives rally

LAURA MILLAN  |  MONDAY, 24 AUG 2015
Blue Sky Alternative Investments has reported record profit and assets under management as investors find growth in alternatives. The manager reported an underlying net profit after tax of $10.4 million for the year to 30 June 2014, 68% up from $6.2 ...

Kinetic Super chief executive steps down

LAURA MILLAN  |  FRIDAY, 21 AUG 2015
Kinetic Super's chief executive stepped down from her role effective immediately and an interim chief executive will be announced shortly. Megan Bolton's departure was mutually agreed between herself and the board, the super fund said in a brief statement ...

Super fund goes nuts for returns

DARREN SNYDER  |  FRIDAY, 21 AUG 2015
... the last. First State Super was advised in the transaction by Lander & Rogers Lawyers and Blue Sky Water Partners, a division of Blue Sky Alternative Investments. Select Harvests was advised by PPB Advisory and Minter Ellison.

AMP half-year profit up 33%

ALEX BURKE  |  THURSDAY, 20 AUG 2015
AMP has released its half-year results for 2015, revealing a net profit of $507 million, up 33% on the previous corresponding period. Wealth management - including advice, platform administration, unit linked superannuation, retirement income and investment ...