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Showing 2521 - 2530 of 5511 results for "September 2008"

HUB24 posts record inflows in the September quarter

STAFF WRITER  |  THURSDAY, 16 OCT 2014
The HUB24 superannuation platform posted net inflows of $171 million in the September quarter, shortly after completing its Paragem acquisition. HUB24 funds under administration increased 29.7% to just over $1 billion at September 30, 2014, from $853.8 ...

Market wrap

AAP  |  WEDNESDAY, 15 OCT 2014
The Australian share market is higher at noon as bargain hunters step in amid stronger iron ore prices and a solid production report from Rio Tinto. CMC Markets analyst Ric Spooner said the Australian market was performing well, considering the lacklustre ...

LGS appoints new property portfolio manager

JAMES FERNYHOUGH  |  WEDNESDAY, 15 OCT 2014
Local Government Super (LGS) has appointed Scott Armstrong as its new Property Portfolio Manager. Armstrong replaces Andrew Kim, who left the fund in September to become head of asset management at Rockwell Capital Partners. Armstrong will be responsible ...

CFS adds annuities to platforms

JAMES FERNYHOUGH  |  WEDNESDAY, 15 OCT 2014
Challenger and CommInsure annuities will soon be available on Colonial First State's retail platforms FirstChoice and FirstWrap. The annuity products will be added to the two platforms in mid-2015. It will be the first time an annuity product is made ...

Janus plays first hand in ETF game

MARK SMITH  |  TUESDAY, 14 OCT 2014
Janus Capital, the fund manager which snapped up 'bond king' Bill Gross following his surprise departure from PIMCO, has joined the active ETF game with its acquisition of a Connecticut-based provider. Launched in 2009, VelocityShares manufactures institutionally-focused ...

CBA receives 4200 requests for advice review

JAMES FERNYHOUGH  |  MONDAY, 13 OCT 2014
Approximately 4,200 customers of Commonwealth Financial Planning (CFP) and Financial Wisdom have applied to have advice they received reviewed by the Commonwealth Bank's (CBA's) Open Advice Review program. This figure represents around 1% of customers ...

Are we there yet?

BENJAMIN ONG  |  MONDAY, 13 OCT 2014
"What's the point of going out, we're just going to end up back here anyway?" Must give it to Homer, he really spits out good logic. Nah, not the literary giant that penned the Iliad and the Odysssey, but Homer the Simpson. Homer's words came to mind ...

FEATURE: Big data and financial services

LAURA MILLAN  |  FRIDAY, 10 OCT 2014
It has changed the way friends interact with each other, the way people think and express themselves and, above everything, it has changed the way people buy. Consumers want to be able to buy anything, at any time, through any device. Companies in all ...

NAB takes a $1bn hit

AAP  |  THURSDAY, 9 OCT 2014
National Australia Bank has flagged a slide in its full year earnings of up to 14% after taking a more than $1 billion hit to its books. Today the bank unveiled a string of writedowns and provisions, chiefly linked to misconduct by its troubled UK business. ...

PROFILE: UniSuper CEO Kevin O'Sullivan

JAMES FERNYHOUGH  |  THURSDAY, 9 OCT 2014
In July 2013 Kevin O'Sullivan became chief executive of one of Australia's largest superannuation funds, UniSuper. Just over a year on, he catches up with James Fernyhough to talk retirement income, the value of asset consultants, and the future of ...