Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 301 - 310 of 485 results for Melanie Timbrell

BTFG cash earnings down, FUM increases

MELANIE TIMBRELL  |  THURSDAY, 3 MAY 2012
BT Financial Group has reported first-half cash earnings of $294 million, down 19% on the previous half and 14% on the prior corresponding period. Chief executive Brad Cooper attributed the decline to one-off expenses and external market factors, including ...

ASIC flags guidance on code approval

MELANIE TIMBRELL  |  WEDNESDAY, 2 MAY 2012
ASIC has flagged its intention to publish guidance on approval of codes in the advice sector, following changes to the FOFA Bill. Under recent changes, the Australian Securities and Investments Commission (ASIC) would have the ability to exempt advisers ...

S&P Indices expands fixed income

MELANIE TIMBRELL  |  WEDNESDAY, 2 MAY 2012
S&P Indices has expanded its S&P/ASX fixed income series and introduced intraday pricing to the Australian market. The government inflation-linked bond index carries capital inflation linked bonds with principal adjusted by trailing Australian CPI each ...

Wealth down as ANZ records bumper profit

MELANIE TIMBRELL  |  WEDNESDAY, 2 MAY 2012
ANZ Bank has reported first-half cash profit of $2.97 billion in results that saw Wealth division profits decline by 9% amid recent layoffs. The cash result was up 5% while statutory net profit rose 10% to $2.92 billion, coming close to the level expected ...

Carter exits QIC

MELANIE TIMBRELL  |  TUESDAY, 1 MAY 2012
Robert Carter, managing director of QIC's global real estate boutique is exiting the company after 22 years to be replaced by head of Australian operations at La Salle, Steven Leigh. Carter, who assumed leadership of the global real estate (GRE) division ...

CPA responds to advice exemption

MELANIE TIMBRELL  |  TUESDAY, 1 MAY 2012
CPA Australia has called on the government to extend an exemption for accountants in line with that granted to financial advisers yesterday. The decision, announced by Assistant Treasurer David Bradbury, extends financial advisers' current exemption ...

netwealth unbundles super

MELANIE TIMBRELL  |  TUESDAY, 1 MAY 2012
netwealth has become the latest provider to unbundle its super offer with the launch of a next generation product to tailor investment and insurance requirements to the desired fee level. Matt Heine, executive director at netwealth investments said ...

Less tax appeal for high income earners in super

MELANIE TIMBRELL  |  MONDAY, 30 APR 2012
High-income earners are set to see superannuation tax concessions cut in next week's budget. The move to increase tax on concessional contributions to 30% is likely to affect the approximately 128,000 Australians who earn more than $300,000 a year. ...

MySuper consultation draws focus on divisions

MELANIE TIMBRELL  |  MONDAY, 30 APR 2012
Tranche three of draft MySuper legislation has raised the stakes in super governance, but the industry is looking to the consultation process to remedy long-held concerns over inequalities between the not for profit and retail sectors. The draft legislation ...

BTIM results impacted by acquisition

MELANIE TIMBRELL  |  MONDAY, 30 APR 2012
BT Investment Management has reported statutory net profit of $11.2 million and cash net profit after tax of $19.7 million in the first half-year results, incorporating contributions from J O Hambro Capital Management. In a presentation to the ASX ...