Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1921 - 1930 of 2920 results for "Merge"

Higher profits/lower dividends: AMP FHY result

BEN COLLINS  |  THURSDAY, 16 AUG 2012
AMP limited has reported a $383 million profit in its first half year results, up 11% on the first half year to 30 June 2011. The rise was largely the result of its merger with AXA, which occurred half way through the previous corresponding first-half ...

Vision Super chief steps down

MELANIE TIMBRELL  |  WEDNESDAY, 15 AUG 2012
Vision Super chief executive of 19 years, Rob Brooks, will step down at the end of the month. The board is expected to announce an interim replacement while the fund continues its search for a merger partner following this year's failed attempt to combine ...

Dwyer named fund exec of year

MELANIE TIMBRELL  |  THURSDAY, 9 AUG 2012
First State Super chief executive Michael Dwyer AM has been named Fund Executive of the Year by the Fund Executive Association Limited (FEAL) in partnership with AMP Capital. The award recognises leadership, innovation and achievement by a fund executive ...

40% of super funds gone by 2020:CoreData

BEN COLLINS  |  TUESDAY, 7 AUG 2012
... solid growth paths simply as a function of their industry and workplace growth, however others will be forced to acquire or merge if they want to remain competitive. "Smaller funds that are nimble and able to occupy a niche space in the market will be ...

CGT relief for super funds backdated

LINDA HAUSKEN  |  MONDAY, 6 AUG 2012
... welcomes the Government's draft legislation which will change tax laws retrospectively so that superannuation funds can merge without triggering an adverse tax event. ASFA said the draft responds to the very real concerns it had shared with the Government ...

Redundancies tipped at Plan B

BEN COLLINS  |  FRIDAY, 27 JUL 2012
... funds under management. In a statement to the ASX yesterday IOOF said that it expected job duplication if the companies merge, and would offer the effected Plan B staff redundancies under existing policies. IOOF will also replace all members of the Plan ...

AGEST bungle isolated: BNP Paribas

BEN COLLINS  |  THURSDAY, 26 JUL 2012
... review at AGEST super, and a re-evaluation of the processes custodian BNP Paribas has in place. AGEST Super is scheduled to Merge with AustralianSuper after a capital gains tax relief measures come into legislation in December.

AGEST bungles returns

BEN COLLINS  |  WEDNESDAY, 25 JUL 2012
AGEST Super has written to some members advising them that they have either been under or over paid - after custodian BNP Paribas miscalculated returns. The mistake will cause approximately 5000 balances being revised down and 18,000 revised up. "We ...

NGS Super moves into Qld, WA

BEN COLLINS  |  TUESDAY, 24 JUL 2012
NGS Super will increase its presence in Queensland and Western Australia, with two new business development managers hired to help drive the expansion. The fund is positioning itself to grow so it can achieve the size and economy of scale necessary ...

SFG rolls out FOFA-ready MDA

MELANIE TIMBRELL  |  THURSDAY, 19 JUL 2012
SFG Australia has rolled-out FOFA-ready managed portfolio and dynamic portfolio update services to its advice network. Colonial First State Custom Solutions is administering the new offerings via the Symetry Endeavour Portfolio Service. The rollouts ...