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Showing 14161 - 14170 of 18281 results for "Plan"

$500k fraudster gets jail time

RUTH LIEW  |  MONDAY, 12 MAY 2008
South Australian broker trading representative Kym Andrew Sellers was last Friday sentenced to four years jail with a two-year non-parole period following an Australian Securities and Investments Commission (ASIC) investigation. On 7 April 2008, Sellers ...

NAB and MLC make headway post sub-prime

MICHAEL HOBBS  |  MONDAY, 12 MAY 2008
National Australia Bank and its investment arm MLC managed to wade through the sub-prime carnage to post positive gains in the six months to March. NAB boosted its net profit by 25.8 per cent to $2.7 billion for the first half year and its cash earnings ...

St George and Westpac to merge

RUTH LIEW  |  MONDAY, 12 MAY 2008
The possible merger of Westpac and St.George would see the birth of Australia's largest wealth platform provider. According to a statement released on the Australian Securities Exchange, the new entity will control $108 billion in funds under administration ...

Have coffee, will iShares

MICHAEL HOBBS  |  MONDAY, 12 MAY 2008
Barclay's Global Investors (BGI) taps into the country's cafA(C) lifestyle to promote its Exchange Traded Funds (ETFs) business, iShares, following a deal with a coffee marketing group. BGI is the first firm to use Eat Media's CafA(C) Domination strategy ...

AWM buys 70pc stake in Ord Minnett

Australian Wealth Management Limited (AWM) expands its distribution network in the high net worth market after it acquired a majority 70 per cent stake in advisory and broking group Ord Minnett. Under the deal, AWM gets 70 per cent of the Ord Minnett ...

AAI launches the Art Trust

MICHAEL HOBBS  |  MONDAY, 12 MAY 2008
Fine art is the next alternative investment to hit the market after an art specialist launched a new unit trust designed for institutional investors. Registered as a managed investment scheme, The Art Trust, adopts a unit trust structure and aims to ...

Industry responds to APRA report

APRA's latest research on the governing practices of super funds revealed key differences between how retail fund trustees and industry fund trustees operate, but players from both sides of the fence argue their case. APRA's comprehensive report found ...

Suncorp's Fox retires

RUTH LIEW  |  FRIDAY, 9 MAY 2008
Suncorp group executive wealth management, Dennis Fox, steps down after 35 years in financial services. Retiring on July 31 this year, Fox will be replaced by Geoffrey Summerhayes who was most recently Australian general manager specialised businesses ...

Equity markets back in style

RUTH LIEW  |  FRIDAY, 9 MAY 2008
The world equity markets shrugged off the lingering effects of the share market downturn to report impressive returns in April, said Standard & Poor's (S&P). According to S&P's monthly global stock market review, The World by Numbers, developed markets ...

Aviva super gives $800 tax refund

MICHAEL HOBBS  |  FRIDAY, 9 MAY 2008
Customers invested in Aviva Australia's Navigator Personal Retirement Plan received an $800 tax refund, on average, last financial year. Andrew Barker, Aviva Australia's (Aviva) general manager of wealth management products, said the pension product ...