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Showing 2201 - 2210 of 3265 results for "January 1"

September morn' or September mourn?

BENJAMIN ONG  |  MONDAY, 2 SEP 2013
"So, are you going to tighten by Labor Day?" Tonight we're going back to the future.A Going back to that fateful day on the 22nd of May -- when Texas Republican and head of the Joint Economics Committee Kevin Brady posed this question upon US Federal ...

M&A drives SFG double digit growth

LAURA MILLAN  |  THURSDAY, 29 AUG 2013
Mergers and acquisition activity during recent months have deliveredA double digit earnings growth for SFG Australia. SFG saw a 15% increase on its operating earnings before interest, taxes, depreciation and amortisation (EBITDA) to $48.1 million for ...

Blue Sky grows revenue 48%

MARK SMITH  |  WEDNESDAY, 28 AUG 2013
Blue Sky Alternative Investments has reported a 48% increase in operating revenue and an after-tax net profit of $3.59 million for the full year to 30 June. Operating revenue for Australia's only listed alternatives-focused fund manager grew from $8.9million ...

Mercer gives taster of MySuper product

JAMES FERNYHOUGH  |  WEDNESDAY, 28 AUG 2013
Mercer has developed a "whole-of-life" lifecycle default fund which it will use as its MySuper product. The fund, named 'SmartPath', is already being advertised on Mercer's website, and will be available on 1 January 2014. Mercer partner Graeme Mathers ...

Prepare for take-off

BENJAMIN ONG  |  WEDNESDAY, 28 AUG 2013
Now that's what I'm talkin' bout. Only yesterday, I was practically begging for it.A Today I got it.A Oh baby, I've got it!A "S&P 500 Drops Most in 9 Weeks..." (Reuters).A "S&P 500 Drops Most in 9 Weeks..." (Bloomberg). This because Uncle Sam's going ...

Plum, Virgin get MySuper authorisation

ALEX DUNNIN  |  TUESDAY, 27 AUG 2013
Plum and Virgin Super are the latest funds to get their MySuper authorisations, bringing the total number of products available to 65. The two retail groups bring to seven the number of retail groups now with MySuper authorisation ahead of the 1 January  ...

Hyperion joins Packer in taking Magellan profits

MARK SMITH  |  THURSDAY, 22 AUG 2013
Top-performing investment boutique Hyperion Asset Management has joined billionaire entrepreneur James Packer in selling down holdings in global equity and infrastructure fund house Magellan Financial Group. According to an update to investors on Hyperion's ...

AMP, Bendigo and MTAA get MySuper licenses

ALEX DUNNIN  |  TUESDAY, 20 AUG 2013
AMP, Bendigo and MTAA Super are the latest superannuation groups to receive MySuper authorisation, taking the number of MySuper products to 62 just four months from the 1 January 2014 deadline. AMP has named its two MySuper products AMP MySuper No 1 ...

Queensland adviser permanently banned

MARK SMITH  |  FRIDAY, 16 AUG 2013
A former Queensland financial adviser has been permanently banned by the Australian Securities and Investments Commission (ASIC) after an investigation found he provided inappropriate and unreasonable advice. ASIC's investigation found that between ...

AMP profits up 5.4% despite insurance disappointment

MARK SMITH  |  THURSDAY, 15 AUG 2013
AMP Limited's half-year profits are up 5.4% to $393 million following strong performance from its wealth management and investment businesses. The disappointing performance of the financial services company's insurance business was the only black mark ...