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Showing 291 - 300 of 308 results for "Mum"

CommSec buys direct-to-retail rival NevWard

Commonwealth Bank-owned CommSec has bought Neville Ward Direct for an undisclosed sum late last month, a deal that effectively doubles CommSec's arm that offers managed funds directly to mums-and-dads. CommSec's executive manager in broking Arnie Selvarajah ...

Mum and dad investors want a slice of the private equity pie

Private equity was once the domain of institutional investors but a rising number of companies are re-writing the rules by launching private equity funds tailored to retail investors. Macquarie is one of the first off the rank with its unlisted global ...

Young business owners to shun 'bricks and mortar' lending

... repay the loan from day-to-day business activities," he said. The trend away from traditional security is also good news for mum-and-dad businesses that suffer from periodic cash flow problems. The Australian Bureau of Statistics has found that some ...

Super benefits buried under gobbledygook

Thousands of dollars in superannnuation savings from 'super splitting' and 'transition to retirement' legislation might all come to nought unless you or your financial planner understands the jargon involved. In a Mariner Retirement Strategy and Planning ...

Secured creditors called on for help in Westpoint bungle

The head of the financial planner-funded Westpoint Recovery Fund, Ian Bristow, has called on Westpoint's secured creditors such as ING, MFS, LM Investment and Perpetual, to help salvage investments poured into the company before it's too late. Three ...

OptiMix goes Indian with multi-manager solution

OptiMix, the multi-manager division of ING Investment Management, is about to launch the OptiMix Income Growth Multi-Manager FoF Scheme into the Indian market. OptiMix's first mutual fund scheme offered in the Indian market implements an investment ...

Macquarie looks to India as it wraps up $15 billion

Macquarie Bank will enter the Indian market establishing a specialist funds management business as part of its overall presence in that market. Subject to full regulatory approval, the bank will establish a securities brokerage business in Mumbai with ...

New poll reveals choice will not impact on SMSF growth

... decisions however managing a fund could be problematic. "One third of all SMSF's fail to comply with regulations, putting mum and dad investors at risk of tax penalties or even prosecution," says Harrison. Harrison adds that the very nature of SMSF is ...

Aust banks reap $9 billion from fees

AAP  |  FRIDAY, 21 MAY 2004
Australian families are paying around $400 a year each in bank fees, a new study has shown. The Reserve Bank study showed banks reaped $8.7 billion from skyrocketing credit card fees and other charges. Bank fees paid by households rose 15% last year ...

NAB shares tumble more than 1.5% after H1 profit slide

Shares in National Australia Bank fell more than 1.5%, after the bank reported a higher first half net profit but disappointed investors with its earnings outlook. The shares tumbled 50 cents or 1.71% to $28.81 by 1051 AEST. The shares began trading ...