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Showing 1401 - 1410 of 2390 results for "Flex"

ECT reforms pass Senate

STAFF WRITER  |  THURSDAY, 5 MAR 2015
The Parliament has passed the latest amendments to the superannuation excess contribution tax (ECT), implementing the final piece of legislation to reform the unpopular tax, says Taxpayers Australia Limited. "The rationale for ECT made sense at the ...

Market Wrap AM

AAP  |  WEDNESDAY, 4 MAR 2015
The sharemarket is in the red after initially opening higher, dragged down by the miners and weak leads from Wall Street. IG Markets strategist Evan Lucas says the market is muddled by a slight bounce back in the bank, healthcare and diversified financial ...

HUB24 FUA reaches $1.4 billion

ALEX BURKE  |  THURSDAY, 26 FEB 2015
HUB24 has announced a 46% growth in FUA to $1.25 billion in the half-year to 31 December 2014, up 102% from the previous six months. Growth in the current half-year has already pushed FUA to $1.4 billion, it also announced. It expects FUA to reach $3 ...

AMP profit up 32% in 2014

LAURA MILLAN  |  THURSDAY, 19 FEB 2015
AMP has reported a net profit of $884 million for the full year to December 2014, up 32% from the $672 million profit reported in 2013. Underlying profit was $1,045 million, up 23%, and cashflows were strong for both the wealth management and the funds ...

OPINION: The Achilles heel of unbundled services

DARREN SPEIRS  |  WEDNESDAY, 18 FEB 2015
The popularity of self-managed super funds (SMSFs) has fuelled the rapid growth of an extensive range of unbundled services that promise trustees greater choice and control, as well as lower costs than traditional bundled services. However as Darren ...

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 ...

Allow couples to hold joint super accounts: Rice Warner

LAURA MILLAN  |  TUESDAY, 10 FEB 2015
Married couples should be allowed to have a joint account for their superannuation, Rice Warner proposed in its pre-budget submission to Treasury. "We set out the logic of this arrangement in a newsletter last year and had positive feedback from the ...

Pershing upgrades to Broadridge processing solution

MARK SMITH  |  WEDNESDAY, 4 FEB 2015
BNY Mellon-owned Pershing Securities Australia has adopted the Broadridge's Australian post-trade processing solution as its new middle- and back-office processing platform for third-party domestic clearing. The solution is designed to increase process ...

Baby boomers should be wary of generic advice

ALEX BURKE  |  TUESDAY, 3 FEB 2015
The average baby boomer's financial plan is too generic and risky due to overexposure to growth assets, a Centre for International Finance and Regulation (CIFR) study has found. The CIFR study examined common Australian financial advice methods to determine ...

Centuria partners with Mason Stevens to deliver credit bond

ALEX BURKE  |  THURSDAY, 29 JAN 2015
Centuria Life has partnered with Mason Stevens to add a bespoke credit bond to its Tax Astute product suite. The underlying asset in the credit bond is the Mason Stevens Credit Fund, which is an actively-managed fixed income fund comprised of government ...