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Showing 4571 - 4580 of 6940 results for "% December"

Market Wrap - Morning

AAP  |  MONDAY, 8 AUG 2011
Australian stocks are tipped to be pushed into the red again today after America's credit rating was downgraded for the first time in its history over the weekend. Hopes for a bounce on the Australian share market after a horror Friday appear to have ...

DKN suffers drop in platform flows

MATT WOODINGTON  |  MONDAY, 1 AUG 2011
DKN Financial Group will announce an 8% annual rise in funds under advice but a 40% drop in platform inflows and an overall company loss of $14 million for the year to June 2011. The loss is due to a $21 million write down of goodwill, in order to reflect ...

Market Wrap - Morning

AAP  |  THURSDAY, 28 JUL 2011
The Australian dollar set a new record overnight but drifted lower in the early morning session, on renewed concern about Europe's debt crisis. At 0700 AEST on Thursday, the Australian dollar was trading at 110.23 US cents, down from 110.55 US cents ...

Super Choice did not change super habits

ALISON BEVEGE  |  WEDNESDAY, 27 JUL 2011
Super Choice legislation enabling consumers to choose their superannuation fund has made little impact on the way Australians choose superannuation, a report has found. The Roy Morgan Superannuation and Wealth Management in Australia report for July ...

North platform lands new head in AMP restructure

ELISE BURGESS  |  FRIDAY, 22 JUL 2011
Rob Caprioli has been named as the new head of AMP banking and wealth management products, including responsibility for the North platform. Caprioli will also manage superannuation, retirement and investment products for AMP Bank. Caprioli had been ...

CBA's Norris to retire, Narev replaces

ELISE BURGESS  |  FRIDAY, 22 JUL 2011
Commonwealth Bank (CBA) chief executive, Ralph Norris, has announced his intention to retire in November this year with group executive of business and private banking, Ian Narev, named his successor. Narev has been with CBA since May 2007, during which ...

Cost of living outpacing retirement incomes

ELISE BURGESS  |  FRIDAY, 15 JUL 2011
Retirement incomes need to grow by $600 per year to comfortably keep pace with rising costs of living, new figures have confirmed. Costs climbed by 1.3% in the March quarter this year from the December quarter 2010, according to the Association of Super ...

Big six use advisers for sales while clients confused on independence

ALISON BEVEGE  |  THURSDAY, 14 JUL 2011
Financial advisers aligned to major wealth-management firms are continuing to direct the majority of the funds they establish to their parent fund manager, a study released today by Roy Morgan Research has found. The Superannuation and Wealth Management ...

Hillross acquires $2.2 billion planning group

MATT WOODINGTON  |  WEDNESDAY, 13 JUL 2011
AMP affiliated planning group Hillross Financial Services has agreed to acquire IRIS Financial Group, winning a competitive process that attracted eight first round offers and saw four parties conduct due diligence. Hillross will provide licensee services ...

New mandate flows increasing but more cash lies in wait

ALISON BEVEGE  |  THURSDAY, 7 JUL 2011
Fund mandate appointments have increased to 582 in the year to March recovering to normal levels from the shock of the global financial crisis, latest research from Rainmaker Information shows. The latest edition of Rainmaker's Mandate Chaser has revealed ...