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Showing 201 - 210 of 413 results for Matt Woodington

Equity Trustees makes aged care bid

MATT WOODINGTON  |  TUESDAY, 14 JUN 2011
Equity Trustees is set increase its capacity to provide post-retirement solutions with the acquisition of two aged care services businesses from Paragon Care. The sale of Lifetime Planning and Tender Living Care is due to be completed by the end of ...

CommInsure hires AMP manager to strengthen retail advice

MATT WOODINGTON  |  FRIDAY, 10 JUN 2011
CommInsure has appointed former AMP Financial Planning regional manager Andrew Kennedy as its new head of retail advice distribution. CommInsure has also appointed Mark Sheldon to the newly-created role of head of business retention and growth, to help ...

Excess contributions penalties soar to $400m

MATT WOODINGTON  |  FRIDAY, 10 JUN 2011
The Australian Tax Office has now raised $400 million through tax penalties on excess super contributions made between 2006 and 2010 with that figure likely to rise yet further. Speaking at an upper house enquiry of the economics legislation committee ...

LGS sees benefits in clean energy co-operation

MATT WOODINGTON  |  THURSDAY, 9 JUN 2011
The Government's proposals to reduce the risk of investing in clean energy and technology projects would be a welcome development given the current lack of viable opportunities in Australia. Earlier this week Treasurer Wayne Swan said that the government ...

Government plants $60m innovation funding seed

MATT WOODINGTON  |  THURSDAY, 9 JUN 2011
Three innovation fund managers have received a total of $120 million of new funding to invest in Australian start-up ventures, half of which has been provided by the government. Through the Innovation Investment Fund (IIF), the government has invested ...

ASIC forces iPlan to hire compliance expert

MATT WOODINGTON  |  THURSDAY, 9 JUN 2011
ASIC has imposed new conditions on iPlan's Australian financial services (AFS) licence after it unearthed a conflict of interest relating to the use of investment platforms. Under the terms of its revised licence iPlan must appoint an independent compliance ...

State Street secures REST lending deal

MATT WOODINGTON  |  WEDNESDAY, 8 JUN 2011
REST Industry Super has appointed State Street Corporation as its global securities lending agent, building on their relationship established earlier this year. State Street will now deliver a securities lending programme for REST's global bond and ...

Alpha adds BlackRock and QIC strategies

MATT WOODINGTON  |  WEDNESDAY, 8 JUN 2011
Alpha Fund Managers has invested in BlackRock's Australian equitised long short strategy, adding the manager to its Australian blue chip fund. Boutique multi-manager Alpha has bought into the long short strategy, which outperformed the S&P/ASX200 index ...

BNY Mellon recruits INGIM Asia CEO

MATT WOODINGTON  |  WEDNESDAY, 8 JUN 2011
BNY Mellon Asset Management has appointed ING Investment Management's Alan Harden as its chief executive officer for Asia Pacific. Harden, who has also been named as a member of the executive committee at the financial services firm, will report to ...

CFSGAM's tax solutions capture super flow

MATT WOODINGTON  |  TUESDAY, 7 JUN 2011
Colonial First State Global Asset Management (CFSGAM) has generated over $400 million of 'tax-aware' FUM within a year of launching the capability. CFSGAM said it had recently won mandates from three industry super funds for its tax aware investment ...