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Showing 311 - 320 of 555 results for "Year End"

Suncorp reacts to "deteriorating" situation in life risk

LAURA MILLAN  |  TUESDAY, 27 MAY 2014
Suncorp Life will conduct a $350 million write-down of intangible assets that will affect the company's net profit after tax for the 2014 financial year, but not its dividends. The life insurance business told the Australian Securities Exchange (ASX) ...

Market Wrap AM

AAP  |  MONDAY, 26 MAY 2014
The Australian share market is expected to open slightly higher this week on the back of gains in global markets. AMP chief economist Shane Oliver is tipping a lift of five to 10 points at the local open. The S&P 500 finished the week above 1,900 for ...

NAB wealth division reports flat earnings

LAURA MILLAN AND AAP  |  THURSDAY, 8 MAY 2014
The National Australia Bank (NAB) wealth division has reported flat earnings in the first results following the appointment of Cameron Clyne as chief executive. NAB Wealth cash earnings were $174 million for the half year ending on March 2013, the company ...

Premium increases boost life risk inflows 11.5%

LAURA MILLAN  |  WEDNESDAY, 16 APR 2014
Overall life insurance risk market inflows increased by 11.5% during 2013, following major retail and group insurers' decision to increase premiums rates to face the industry's challenges. Total inflows were $12,796.6 million for the year ended December ...

Market Wrap

AAP  |  THURSDAY, 27 MAR 2014
A fall in commodity prices and a strong Australian dollar has dragged all sectors of the local share market down. Dips in copper and gold prices have hurt resources stocks and, together with the Aussie dollar's rise to about 92 US cents, have hit local ...

MetLife doubled group risk market share in 2013

LAURA MILLAN  |  MONDAY, 10 MAR 2014
MetLife Insurance doubled its group risk premium inflows and group insurance market share in 2013, Plan For Life research found. The life insurer's group risk premium inflows jumped by 110% and went from $222.28 million in the year ended December 2012 ...

Dalton Nicol Reid wins $40m Intrust mandate

MARK SMITH  |  WEDNESDAY, 26 FEB 2014
Intrust Super has awarded a $40m mandate to Australian equities fund manager, Dalton Nicol Reid. Intrust is a boutique $1.6 billion industry super fund based in Queensland for the hospitality sector with 130,000 members and 10,000 employers. The mandate ...

Charter Hall profits dip 4.3%

MARK SMITH  |  TUESDAY, 25 FEB 2014
... billion and the group secured $702 million of gross equity inflows during the half with $213 million raised since half-year end. Charter Hall's property investments total $622 million at 31 December 2013, up from $603 million at 30 June 2013. The group's ...

Macquarie says market conditions improving

AAP  |  TUESDAY, 11 FEB 2014
Investment bank Macquarie Group still expects a stronger full year performance as general market conditions continue to show signs of improvement. Macquarie says its annuity-style businesses - Macquarie Funds; banking and financial services; and corporate ...

Fund returns dip to 15pct

STAFF WRITER  |  MONDAY, 4 NOV 2013
The SelectingSuper Workplace rolling 12 month default option index dipped during September, but at 15.1% for the year ended 30 September 2013 they are still at near three year highs. Rainmaker, the researcher that conducts surveys of fund performance ...