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| | | Challenger Limited full year results has revealed a "stellar growth in annuities" with a 56% rise in retail sales growth to $1.46 billion and life cash earnings up 19% to $401 million. Challenger also posted normalised net profit after tax up 7% to ... |
| | | | The storm after the calm. Just when we thought financial markets have shaken off the high anxiety of the past week, teeth gnashing returns. Blood's again been spilled on the trading dance floors of commodity markets and most major equity markets around ... |
| | | | Despite what continues to be a volatile market, AMP half yearly results reflect good growth in adviser numbers, banking, risk insurance and sales of key wealth management products such as Flexible Super and North. Announced this morning, AMP has posted ... |
| | | | There's some peace and quiet around financial markets overnight. There was no news convincing enough to direct investor traffic one way or another. But the blogomentaries on Wall Street this morning has got my goose. You don't have to go pass Bloomberg's ... |
| | | | Principal Global Investors has bought a majority stake in London-based global equity specialist, Origin Asset Management, as the firm concentrates its global equity investment strategies on targeting local retail and institutional investors. The 74% ... |
| | | | ... Trustees and advisers have been concerned about the potential for capital gains tax (CGT) liabilities to be imposed on the sale of real estate, especially since property held outside an SMSF and left to adult children in a will is exempt from CGT under ... |
| | | | "Don't push me cause I'm close to the edge I'm trying not to lose my head, ah-huh-huh-huh" - The Message by Grandmaster Flash and the Furious Five Recession worries, it seems, travel fast. After doing a tour of the USA, they are now doing the rounds ... |
| | | | ... Docherty & Co, based in Sydney bought smartsuper and has entered a transition period with Perpetual for the hand over. The sale added $4.1 million after tax impairment charge in FY11, building on the $10.6 million announced in February this year and ... |
| | | | Mercer Investments has nominated a $100 million mandate to London-based global bond manager, H2O Asset Management. The mandate was allocated into the global sovereign and currency strategy, as announced by H2O's Australian affiliate, Apostle Asset Management. ... |
| | | | The Australian dollar was nearly one US cent higher on Monday morning, as the dust settled after last week's wild ride. At 0700 AEST on Monday, the Australian dollar was trading at 103.68 US cents, up from 102.80 US cents on Friday. Since 1700 AEST ... |
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