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Showing 1491 - 1500 of 2816 results for "Division"

Macquarie forced to contact all advice clients for remediation

LAURA MILLAN  |  FRIDAY, 15 AUG 2014
Macquarie Equities Limited (MEL) must contact all clients who received advice from its financial planning arm, Macquarie Private Wealth (MPW), going back to 2004 following action from the regulator. Under the enforceable undertaking (EU) in place since ...

Suncorp CEO rewarded for profit growth

AAP  |  THURSDAY, 14 AUG 2014
... paid out $538 million in natural hazard claims in the year, $27 million lower than its allowances. Its life insurance division made a loss of $84 million, due to $176 million in writedowns to recognise losses on some of its products. Suncorp also took ...

Blue Sky reveals asset allocation of first alternatives LIC

MARK SMITH  |  THURSDAY, 14 AUG 2014
... Venture Capital funds have returned 16.3% net of fees since inception as at 31 March 2014, while the Private Real Estate division has returned 16.7% net of fees since inception to investors in its funds as at 31 March 2014. Rainmaker statistics reveal ...

CBA posts record profit, strong wealth management growth

LAURA MILLAN  |  WEDNESDAY, 13 AUG 2014
... for the year ended June 30, 2014, up 12% from last year. The group registered strong growth in its wealth management division, with average funds under administration (excluding) increasing 19% and with 84% of funds outperforming their respective three ...

Market Wrap AM

AAP  |  WEDNESDAY, 13 AUG 2014
The Australian market looks set to open flat after Wall Street fell following disappointing German economic data and ahead of Wednesday's report on US retail sales. At 0804 AEST on Wednesday, the September share price index futures contract was up four ...

Folkestone acquires land for planned community

STAFF WRITER  |  TUESDAY, 5 AUG 2014
... corridor of Melbourne. ID_Land is one of Melbourne's most innovative and dynamic developers who specialise in land sub-division and medium density development." Truganina is located approximately 20 kilometres west of the Melbourne CBD in Melbourne's ...

SFGA shareholders approve IOOF acquisition proposal

ALICE URIBE  |  MONDAY, 4 AUG 2014
SFG Australia (SFGA) shareholders have voted in favour of IOOF's Scheme of Arrangement to acquire 100% of ordinary shares in SFGA. SFGA will now seek orders from the Federal Court of Australia for the approval of the Scheme at the second court hearing ...

Fitzpatricks hires former CFSGAM head of marketing

JAMES FERNYHOUGH  |  WEDNESDAY, 30 JUL 2014
... marketing at Vanguard. Prior to that he was general manager of marketing at Commonwealth Bank's financial planning and advice division. Ireland was chief operating officer of Brevan Howard in the United Kingdom, before returning to Australia to take ...

Premium hires former IOOF exec for compliance role

ALICE URIBE  |  WEDNESDAY, 30 JUL 2014
Premium Wealth Management has hired former IOOF audit manager to head up its compliance division. Johan Cruz managed the audit for a number of businesses, including the Lonsdale dealer group while at IOOF.A He also spent two years at Count Financial ...

Boost from Chinese stimulus to be short-lived

MARK SMITH  |  TUESDAY, 29 JUL 2014
Goldman Sachs' investment management division has lowered its suggested allocation to emerging markets as the Chinese economy struggles to transition from a focus on exports to a focus on domestic consumption. Dr Jiming Ha, vice chairman and chief investment ...