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Showing 3181 - 3190 of 4897 results for "Alex"

Only a quarter of Australians contributing to reach retirement goals

ALEX GAMBOTTO-BURKE  |  FRIDAY, 27 FEB 2015
While over half (55.2%) of Australians know how much savings they will need for a comfortable retirement, only a quarter (24.5%) are making additional super contributions to reach this goal, according to a survey commissioned by Club Plus Super. Club ...

Equity Trustees boosts profit

ALEX GAMBOTTO-BURKE  |  FRIDAY, 27 FEB 2015
Equity Trustees (EQT) has boosted its net profit to $7.6 million in the six months to 31 December 2014, a 41.7% rise on the previous corresponding period. The interim fully franked dividend remains 46c per share. According to EQT chair Tony Killen ...

ASIC bans former Westpac problem gambler

ALEX GAMBOTTO-BURKE  |  FRIDAY, 27 FEB 2015
ASIC has permanently banned a former Westpac home finance manager from practicing financial services. Ravinesh Singh was convicted of fraud after working at Westpac's Market Street branch in 2011 and 2012, where he withdrew over $113,000 using eight ...

Magellan fund awarded Morningstar Gold rating

ALEX BURKE  |  THURSDAY, 26 FEB 2015
Shortly after announcing an ASX-listed version, Magellan's unlisted Global Fund has been awarded a Morningstar GOLD rating. The rating means that the fund has achieved top ratings from all research houses. This follows the announcement of Magellan's ...

Vontobel expands Australia, New Zealand operations

ALEX BURKE  |  THURSDAY, 26 FEB 2015
Vontobel Asset Management (Vontobel) has hired a former Russell Investments investment consultant as senior relationship manager to broaden its institutional client coverage in the Australia and New Zealand regions. Prior to Russell, Bobby Bostic was ...

Henderson boosts AUM to £81.2 billion

ALEX BURKE  |  THURSDAY, 26 FEB 2015
Henderson Group has boosted its assets under management (AUM) by 8% to A£81.2 billion in the year to 31 December 2014, it announced in its full year results. Net inflows increased from A£2.5 billion to A£7.1 billion, and underlying profit before ...

HUB24 FUA reaches $1.4 billion

ALEX BURKE  |  THURSDAY, 26 FEB 2015
HUB24 has announced a 46% growth in FUA to $1.25 billion in the half-year to 31 December 2014, up 102% from the previous six months. Growth in the current half-year has already pushed FUA to $1.4 billion, it also announced. It expects FUA to reach $3 ...

Medcraft addresses ASIC's NAB response

ALEX BURKE  |  THURSDAY, 26 FEB 2015
In his opening statement to the Senate Economics Legislation Committee, ASIC chair Greg Medcraft addressed the recent media coverage of NAB Wealth's compensation to its advice clients. "We have started our information gathering from NAB Wealth using ...

Advisers need to spell out actual retirement outcomes

ALEX BURKE  |  THURSDAY, 26 FEB 2015
Clients need to understand what kind of retirement income their superannuation savings will allow, according to NAB Wealth general manager of retirement solutions Andrew Barnett. Speaking at the MLC Investment Trends 2014 Retirement Income Report roundtable ...

Investor sentiment shifting overseas

ALEX DUNNIN  |  WEDNESDAY, 25 FEB 2015
Deflation, rising debt and dampening economic outlooks that are limiting returns expectations are forcing investors to pursue more positive opportunities overseas rather than invest in Australia. Australia is becoming less attractive because even though ...