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Showing 3301 - 3310 of 6681 results for "Sale"

Call general advice 'sales': CBA

ALICE URIBE  |  FRIDAY, 29 AUG 2014
The Commonwealth Bank of Australia has recommended there be changes to the way that 'advice' is described in its second round submission that responds to the Financial System Inquiry's (FSI) Interim Report. In its 92 page submission published on the ...

Recycling the same old, same old

BENJAMIN ONG  |  FRIDAY, 29 AUG 2014
Oh no! Bloody Vlad's back! Wall Street and the rest of 'em equity markets flashed red from New York to Rio and old London town as geo-political risks resurfaced following reports of Russian 'incursion' into Ukraine. That's if you believe this morning's ...

FoFA legislative changes pass in the House of Reps

LAURA MILLAN  |  THURSDAY, 28 AUG 2014
The House of Representatives has voted in favour of the government's amendments to the Future of Financial Advice (FoFA) legislation. The members of Parliament voted following a long debate where the Coalition outlined its position in favour of the ...

Aligned licensees could be renamed "restricted advice" groups

LAURA MILLAN  |  WEDNESDAY, 27 AUG 2014
Advice groups tied to a product manufacturer could be required to be renamed "restricted advice" businesses, instead of the current 'aligned' or 'institutionally-owned' labels, the Australian Securities and Investments Commission (ASIC) proposed. The ...

Challenger adds firepower to annuities business

MARK SMITH  |  MONDAY, 25 AUG 2014
Challenger's $530 million capital raising program is likely to tighten the company's already firm grip on the lucrative annuities market. The figure will be raised from a combination of a $250 million institutional share placement and a $30 million ...

Market Wrap AM

AAP  |  MONDAY, 25 AUG 2014
The Australian market looks set to open lower after US stocks lost ground on Friday. The September share price index futures contract was down 10 points at 5,599. Wall Street stocks closed mostly lower on Friday night following a cautious appraisal ...

Mortgage Choice booms, invests in planners

AAP AND ALICE URIBE  |  FRIDAY, 22 AUG 2014
... by nearly 5% to $47.4 billion. The gains were chiefly due to strong market conditions and a gain of $1.34 million on the sale of LoanKit, an aggregator of mortgages for brokers. In its announcement to the ASX the lender said that it would continue to ...

MyState sees small growth in profits

MARK SMITH  |  FRIDAY, 22 AUG 2014
Banking and wealth management company MyState has reported a small rise in profit for the full year to 30 June. Statutory after-tax profit stood at $29.6 million for the year to the end of June. This result is a 3.9% improvement on last year's $28.5 ...

Movers and shakers

Surprise exit for van Eyk asset consulting team Van Eyk's three person asset consultant team has left the company, the company has confirmed. Head of asset consulting Jonathan Ramsay and asset consultants Fil Andronaco and Jonathan Tolub resigned their ...

Market Wrap AM

AAP  |  FRIDAY, 22 AUG 2014
The Australian market looks set to open higher, following solid gains on Wall Street overnight. At 0658 AEST on Friday, the September share price index futures contract was up 10 points at 5,615. In Australia, company earnings season continues with ...