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Showing 3771 - 3780 of 4543 results for "Michael"

Bad weather dampens Suncorp profits

MICHAEL HOBBS  |  FRIDAY, 29 FEB 2008
Suncorp's bottomline has been hit by unusual weather and global share market volatility after the firm's half year net profit after tax was down 27.5 per cent to $382 million. The group's general insurance division posted $172 million half year profit ...

Changing of the Vanguard

MICHAEL HOBBS  |  FRIDAY, 29 FEB 2008
Global index manager Vanguard starts a new chapter after long time chief executive Jack Brennan hands in the reins to senior executive and fellow Vanguard veteran William McNabb. Jack Brennan, who replaced Vanguard's founder Jack Bogle in 1996, will ...

TFNs available online: ING

MICHAEL HOBBS  |  FRIDAY, 29 FEB 2008
By July this year, ING Australia will allow Employer Super clients to send tax file numbers (TFNs) electronically for employees that select a choice fund. The enhancement to ING's online Clearing House capability ensures employers can transfer contributions ...

Tagliaferro hits back at downgrade

MICHAEL HOBBS  |  FRIDAY, 29 FEB 2008
IML founder Anton Tagliaferro has defended his decision to take charge of the fund's large caps team and restructure the investment teams after Zenith Investment Partners downgraded two IML funds from 'recommended' to 'approved'. Zenith Investment Partners ...

Investment fees jump 50pc

MICHAEL HOBBS  |  THURSDAY, 28 FEB 2008
A growing appetite for alternative investments has led to superannuation funds paying 50 per cent more on investment fees than five years ago, according to Watson Wyatt. The report titled, A fairer deal on fees, found investment fees, on average, had ...

Allco defends move

MICHAEL HOBBS  |  THURSDAY, 28 FEB 2008
Allco Finance Group (AFG) has stated it complied with its Australian Securities Exchange (ASX) obligation to announce a Review Event following negotiations to refinance its debt. The firm outlined that its facility agreement for its $900 million senior ...

UBS redefines fixed income

MICHAEL HOBBS  |  THURSDAY, 28 FEB 2008
UBS takes a fresh approach to fixed income investment with a new product that delivers above market performance by diversifying across four of the firm's fixed income funds. The UBS Fixed Income Plus includes fully automated investment decisions and ...

Regulator clamps down on conflicts of interest

MICHAEL HOBBS  |  THURSDAY, 28 FEB 2008
A UK pension fund regulator has drafted a report to assist trustees in reviewing governance arrangements and eliminate any potential conflict of interest. The report was drafted after a review of UK pension funds identified potential conflicts of interest ...

Market Wrap - Midday

AAP  |  THURSDAY, 28 FEB 2008
... index contract was 75 points lower at 5673, on a volume of 11,862 contracts. Austock Securities senior client advisor Michael Heffernan said losses in the banking sector were weighing heavily on the local market. "It is a bit of a disappointing performance ...

Snowball boosts FUA by $300m

MICHAEL HOBBS  |  WEDNESDAY, 27 FEB 2008
Snowball Group has posted it half year results with a boost in funds under advice by $300 million to $4.9 billion over six-month period to December last year. The company's earnings before interest and tax (EBIT) increased 27 per cent to $5.1 million ...