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Showing 151 - 160 of 294 results for "Recording"

Risk inflows reflect boost in market

JAMIE WILLIAMSON  |  THURSDAY, 22 SEP 2016
... risk market inflows grew 5.5%, increasing from $14.9 billion to $15.7 billion over the year, with most life companies recording increases in business. AIA reported the most success in regards to individual risk lump sum premium inflows, showing a 17.3% ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 13 SEP 2016
... and a 5.9% increase in fixed lending commitments. Personal finance commitments rose 3.9% in the month of July after recording a 3.7% fall in June driven by a 9.8% jump in revolving credit and a 0.3% rise in fixed loans. However, housing finance commitments ...

Fears of increased compliance costs misguided

JAMIE WILLIAMSON  |  THURSDAY, 8 SEP 2016
... institutions pay the same amount to deliver advice to 100 customers as they do for a million or more. "A more robust recording and data capture process is another attraction for banks and superannuation companies. If a customer engages via a digital ...

Future Generation marks first year with strong performance

JAMIE WILLIAMSON  |  THURSDAY, 1 SEP 2016
... profit, jumping to $14.62 million from $11.37 million last year. The wealth manager also outperformed the Index by 10.7%, recording a 12.7% increase in its investment portfolio, and accomplished a 100% increase in its fully franked dividend - achieving ...

Retail FUA growth drives HUB24 profit

KERRIE SYDEE  |  MONDAY, 29 AUG 2016
HUB24's retail funds under administration (FUA) grew by 94% to $3.31 billion in FY16, with the company recording a gross profit of $10.9 million, up 125%. HUB24 recorded total FUA of $3.78 billion at 30 June 2016, comprising retail FUA $3.31bn, new ...

AMP appoints two directors

ALEX BURKE  |  WEDNESDAY, 24 AUG 2016
... results, which saw the group report a net profit of $523 million, up 3% on the pcp. This was largely driven by AMP Capital recording a 15% operating earnings boost, an 18% increase in cashflows for AMP Bank to $59 million and 26% growth in assets under ...

Retiree expenditure remains modest: study

DARREN SNYDER  |  TUESDAY, 23 AUG 2016
... were also significant regional variations in expenditure levels for retirees across Australia, with those in Sydney recording the highest average household expenditure (about $44,000), compared to around $34,000 for those living in Melbourne and $25,000 ...

Super reform fears hit AMP earnings

JAMIE WILLIAMSON  |  THURSDAY, 18 AUG 2016
... net profit of $523 million for the half year, up 3 per cent from $507 million. This was largely driven by AMP Capital recording a 15 per cent increase in operating earnings, AMP Bank which saw an 18 per cent boost to $59 million and its North platform ...

BUSSQ sees C-suite expansion

DARREN SNYDER  |  WEDNESDAY, 10 AUG 2016
... said property has continued to provide a significant positive impact on fund investment outcomes, with listed property recording a positive 15.3% return in the 12 months to 31 May 2016. Australian equities, often the largest asset class in many balanced ...

CBA posts record profit despite dip from wealth division

MARK SMITH  |  WEDNESDAY, 10 AUG 2016
A 6% dip in the cash profit of Commonwealth Bank's wealth management division did not hold the bank back from recording a record after tax cash profit of $9.45 billion for the 12 months to 30 June, up 3% on last year. Wealth Management cash net profit ...