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| | | ... use the proceeds for corporate purposes. ANZ expects that the margin of the offer will be between 3.6% and 3.8% per annum, above the current bank bill swap rate. The offer for ANZ securities holders and Australian residents will close on February 26 ... |
| | | | ... global series of events to unite financial professionals throughout the world in a commitment to place investor interests above all others. |
| | | | Macquarie Group has confirmed it expects profits to rise by 10-20% above the $1.27 billion originally announced for the year to March 2014. Cited reasons for this include the 6.5% Australian dollar depreciation since October, sales and trading volatility ... |
| | | | ... 4.6% workplace visits and 2.6% magazines. Only 1.1% preferred television advertising, a category that ranked eighth, only above sponsorship for sporting teams or entertainment events (1%). As many as 51.2% of members said they had seen super fund communications ... |
| | | | ... began. Health and research enjoyed good gains in 2012, while culture slipped - although it still sees support from PAFs well above the proportion seen in broader giving measures. JBWere's philanthropic services head of marketing John McLeod said that ... |
| | | | ... funds are very well placed to provide investors, particularly retirees, with solid and stable income returns that are well above the cash rate." David Owen, chairman of Owenlaw Trust, who is retiring after 40 years of managing the business, said Australian ... |
| | | | ... retail funds remained more expensive than industry funds, the gap had closed significantly. Retail fund fees hovered just above the 1% mark, while industry fund fees were generally just below. One notable exception was ANZ SmartChoice Super, which was ... |
| | | | ... better targeted contribution tax concessional; and second, an additional earnings tax on superannuation account balances above a certain limit. The report also recommended aligning the tax treatment of super across both accumulation and drawdown phases ... |
| | | | ... points, to close at 1,978.95. Shanghai jumped 2.81 per cent, or 82.61 points, to 3,020.26 - the first time it has finished above 3000 since April 2011. Hong Kong closed 0.19 per cent higher, adding 45.03 points to 24,047.67. WELLINGTON - The NZX 50 Index ... |
| | | | ... slightly since 2012. Exposure to domestic equities, meanwhile, has steadily dropped since 1997, currently resting at just above 25%. The movement away from domestic equities appears to have gone primarily into alternative investments such as infrastructure ... |
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