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Showing 271 - 280 of 413 results for Matt Woodington

ANZ plots wealth division growth

MATT WOODINGTON  |  TUESDAY, 3 MAY 2011
ANZ Banking Group expects growth rates in its Australian wealth management division to improve after posting a $41 million fall in net profit after tax for the half year ended March 31 2011. The bank, which posted overall statutory first half profit ...

SuperChoice launches online payment platform

MATT WOODINGTON  |  MONDAY, 2 MAY 2011
Superannuation clearing house SuperChoice is providing a new online solution for employee superannuation payments in conjunction with Sybiz Software. The product, Sybiz Visipay, will enable organisations to make staff super contributions to any compliant ...

Government applauds ASIC trading rules

MATT WOODINGTON  |  MONDAY, 2 MAY 2011
The Government has given its approval to ASIC's new draft of market integrity rules for equity exchange markets, which includes greater scrutiny on dark pool trading. ASIC has produced a framework of rules in anticipation of new market traders being ...

Charter Hall targets advisers with SMA

MATT WOODINGTON  |  MONDAY, 2 MAY 2011
Charter Hall Direct Property has officially launched its property securities fund as a separately managed account (SMA) as well as a managed fund, reflecting adviser appetite for direct portfolios. Reliance Investment Management will manage the portfolio ...

Ministers backed to raise super contribution

MATT WOODINGTON  |  MONDAY, 2 MAY 2011
Christian Super is supporting the decision by the Baptist Union of NSW and ACT to raise the superannuation levy for Ministers of Religion from 9 per cent to 11 per cent. There have been concerns that due to unique taxation arrangements to help churches ...

Grady joins Macquarie board

MATT WOODINGTON  |  FRIDAY, 29 APR 2011
Macquarie Group has appointed former McKinsey & Company partner Diane Grady to its board of directors. Grady will join the boards of both Macquarie Group Limited and Macquarie Bank Limited as an independent non-executive director, effective May 19 2011. ...

Securitor to grow planner network

MATT WOODINGTON  |  FRIDAY, 29 APR 2011
Dealer group Securitor is looking to grow its network, while rolling out new initiatives to improve the efficiency of its existing businesses. Securitor, owned by BT Financial Group, currently has close to 500 planners and 240 practices within its network. ...

Financial services boost mixed Macquarie results

MATT WOODINGTON  |  FRIDAY, 29 APR 2011
Macquarie's Banking and Financial Services Group (BFS) generated $275 million in operating profit for the full year to March 31 2011, a 5 per cent increase on its contribution the previous year. BFS, which provides retail banking and financial services ...

Licensee tests offer planners protection

MATT WOODINGTON  |  THURSDAY, 28 APR 2011
Financial planners will have protection against fiduciary problems as licensees are to be subject to the same best interest tests, according to the Government's FOFA reforms. The Financial Planning Association (FPA) said that one of its recommendations ...

FOFA leaves consumers in the cold

MATT WOODINGTON  |  THURSDAY, 28 APR 2011
The interests of Australian consumers have been cast aside with the government failing to address the key issues with the latest announcement of FOFA reforms, according to the Association of Financial Advisers (AFA). AFA's chief executive officer Richard ...