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Showing 3041 - 3050 of 6251 results for "December 29"

Westpac, Count on ASIC radar over complex product advice

LAURA MILLAN  |  TUESDAY, 24 FEB 2015
Westpac and Commonwealth Bank-owned Count Financial are among the 10 licensees forced to undertake corrective action following concerns by the Australian Securities and Investments Commission (ASIC) concerns about financial advice relating to complex ...

Providers boost adviser access to managed accounts

LAURA MILLAN  |  TUESDAY, 24 FEB 2015
Financial advisers' access to separately managed accounts (SMA) more than doubled in the past year which could open the floodgates to wider uptake of the structure, the latest Investment Trends report said. Advisers who said their most-used platform ...

PM Capital global fund boosts income growth

LAURA MILLAN  |  MONDAY, 23 FEB 2015
PM Capital Global Opportunities Fund total comprehensive income was $26.5 million for the six months to December 2014, up from $1.5 million last year. The ASX-listed fund reported earnings per share of 15.26 cents for the first half of the financial ...

Suncorp Life appoints distribution GM

LAURA MILLAN  |  MONDAY, 23 FEB 2015
Suncorp Life has appointed an executive general manager of distribution to face the challenging conditions of the life insurance industry. Andrew Mair will take over the role on March 9 and will report to Suncorp Life chief executive Geoff Summerhayes. ...

Centuria reports 6.6% growth in net assets

ALEX BURKE  |  FRIDAY, 20 FEB 2015
Centuria Capital has released its results for the half-year to 31 December 2014 and declared a 6.6% growth in net assets and an interim fully-franked dividend of 2c, to be paid on 26 March. Strategic goals reached during the period include Centuria's ...

Magellan doubles profit, consolidates global presence

LAURA MILLAN  |  FRIDAY, 20 FEB 2015
Magellan Financial Group doubled its profit after tax to $77.4 million in the first half of financial year 2014-2015, while it kept strengthening its global presence. The group reported a revenue increase of 91% to $128.5 million during the six months ...

AMP boosts self-employed advice channel

LAURA MILLAN  |  THURSDAY, 19 FEB 2015
Adviser numbers at AMP's self-employed adviser channel Jigsaw Support Services were up 42.7% in 2014, while adviser numbers shrunk at Genesys and iPac. Jigsaw advisers increased from 171 in the year to December 2013 to 244 in the year to December 2014 ...

AMP profit up 32% in 2014

LAURA MILLAN  |  THURSDAY, 19 FEB 2015
AMP has reported a net profit of $884 million for the full year to December 2014, up 32% from the $672 million profit reported in 2013. Underlying profit was $1,045 million, up 23%, and cashflows were strong for both the wealth management and the funds ...

BOJ optimistic as forever

BENJAMIN ONG  |  THURSDAY, 19 FEB 2015
... and consumer spending and through to stoking higher consumer prices. Household spending dropped by 3.4% in the year to December - it has been falling since the consumption tax was lifted from 5% to 8% in April. Core inflation (adjusted for the tax increase) ...

Macquarie Funds Group rebrands, increases FUM by $30 billion

ALEX BURKE  |  WEDNESDAY, 18 FEB 2015
Australia's biggest global asset manager, Macquarie Funds Group, has rebranded as Macquarie Asset Management and increased its funds under management (FUM) by $30 billion in the three months to 31 December 2014, as reported in the Macquarie Group 2015 ...