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Showing 171 - 180 of 259 results for "Equate"

Race among the advice giants: MAX

MICHELLE BALTAZAR  |  MONDAY, 16 JUN 2014
AMP, ANZ Wealth and Commonwealth Bank are the formidable trinity of industry consolidators in financial planning, according to the latest mergers and acquisitions report by Rainmaker. Rainmaker Research has collected data on the mergers and acquisitions ...

ANZ wealth division profits up 11%

MARK SMITH  |  THURSDAY, 1 MAY 2014
An 11% increase in ANZ's global wealth division's profit has contributed to the banking group's strong overall half-year result. In an announcement on the Australian Securities Exchange (ASX), the group reported a 15% climb in statutory profit to $3.4 ...

Intra-fund advice is low-cost

STAFF WRITER  |  TUESDAY, 18 MAR 2014
The Association of Superannuation Funds of Australia (ASFA) has released a report that they claim demonstrates intra-fund advice is low cost to deliver. The report found that the median cost for intra-fund advice equates to $2.81 per member per year ...

Magellan Global returned 48.7% in 2013

MARK SMITH  |  THURSDAY, 23 JAN 2014
Australian international equities manager Magellan Financial Group's flagship Global fund returned 48.7% in the 12 months to 31 December, the group's half-yearly investor report released today shows. The figure contributes to equally impressive after-fee ...

$1.5 billion given away by PAFs since launch

MARK SMITH  |  THURSDAY, 23 JAN 2014
By the end of 2014, Private Ancillary Funds (PAFs) will have distributed more than $1.5 billion to charitable causes since the philanthropic trust structure was established more than 12 years ago, according to a JBWere report on the sector. The PAF ...

AltaVista upgrades Portfolio Builder tech tool

ALEX DUNNIN  |  THURSDAY, 24 OCT 2013
... added that, "It's now straightforward to build an Australian Equities portfolio where total issuer-level product costs can equate to under 22 basis points or to build a Global Equities (ex-Australia) for under 40 basis points, with no Investment Management ...

Aussie ETF use reaches new level of sophistication

MARK SMITH  |  MONDAY, 9 SEP 2013
The sophisticated ways in which Australian advisers are using exchange traded funds belies the relative immaturity of the local market, according to BlackRock's global ETF business iShares. BlackRock director and iShares specialist Jonathan Howie said ...

Record earnings for Cromwell Property Group

STAFF WRITER  |  MONDAY, 26 AUG 2013

Abbott's PPL scheme to hit Australia's charities

ALICE URIBE  |  FRIDAY, 23 AUG 2013
Federal treasurer Chris Bowen maintained his attack on the Coalition's proposed 1.5% levy on business that is intended to cover the paid parental leave (PPL) scheme, calling it "a retrograde step of quite enormous proportions." Speaking this morning ...

Abbott's PPL scheme to cost retirees $1.6 billion in hidden tax

JAMES FERNYHOUGH  |  THURSDAY, 22 AUG 2013
Superannuants and lower-income shareholders could be coughing up $1.6 billion towards the Coalition's paid parental leave (PPL) scheme, it has emerged. The Coalition has said it will, in part, pay for the PPL through a 1.5% levy on business earnings ...