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Showing 1421 - 1430 of 2817 results for "Division"

CBA shares down on flat profit

AAP  |  WEDNESDAY, 6 MAY 2015
... quarters due to higher regulatory costs and provisions linked to its advice review program. Growth in the bank's home loans division was also not as strong as its peers, with the Commonwealth saying it had less of a focus on the fast-growing property ...

Spring FG acquires Brisbane apartment management rights

ALEX BURKE  |  WEDNESDAY, 6 MAY 2015
As part of its new real estate asset management division, Spring FG has acquired management rights for Devine Limited's Mode Apartments development in Newstead, Brisbane. The complex comprises 157 apartments and is due to be completed in mid-2016. For ...

Insurance drives ANZ wealth performance

AAP  |  TUESDAY, 5 MAY 2015
... growth in in-force premiums, stable claims and improved lapse experience, the company reported. The funds management division also saw 11% growth driven by strong investment market performance. ANZ's wealth business now serves 2.4 million customers and ...

Market Wrap

AAP  |  MONDAY, 4 MAY 2015
... per cent, to $4.51. Gaming company Tabcorp has lifted its third quarter revenues despite a sharp fall within its Keno division. Despite the good result, it was slightly down, one cent or 0.21 per cent, to $4.82. US stocks rose sharply on Friday, ending ...

Advice industry faces insurance quandary

ALEX BURKE  |  MONDAY, 4 MAY 2015
The advice industry is divided over how to fund an insurance scheme to compensate clients who receive bad advice. A rise in professional indemnity premiums is only compounding the problem. Senators Nick Xenophon and Sam Dastyari proposed a statutory ...

BTFG posts solid result

MARK SMITH  |  MONDAY, 4 MAY 2015
... management and under administration by 26% and 17% respectively contributed to the performance of the wealth creation division of the bank. This alone added $61 million in revenue. BTFG's platform Asgard Infinity has grown to $8.7 billion FUA since launching ...

Suspended SIV scheme raised $3bn

MARK SMITH  |  THURSDAY, 30 APR 2015
... through the investment of SIV holders capital in Australian property. The group has even set up a dedicated immigration division to service SIV holders and smooth their journey through the process. The group's director of wealth management Mark Morcos ...

EQT sets up WA estate planning service

LAURA MILLAN  |  MONDAY, 27 APR 2015
... member of the EQT estate planning team in WA, but the organisation is looking to make further appointments in the new division. Smith will be reporting to the EQT national estate planning manager Anna Hacker. She has over eight years' experience as a ...

Report confirms failed CBA compensation

LAURA MILLAN  |  THURSDAY, 23 APR 2015
An independent report by forensics firm KordaMentha has confirmed that the advice divisions of Commonwealth Bank (CBA) failed to implement consistent compensation programs under the regulator's surveillance. Following the report, CBA will need to contact ...

Big end of town to face Senate over bad advice

LAURA MILLAN  |  FRIDAY, 17 APR 2015
... months. Nationals Senator John Williams said he specifically wants to ask ANZ about the 8,500 clients of the bank's advice division who did not receive yearly revisions and that are being compensated with $30 million. "I want to know what they are doing ...