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| | | MLC has appointed Suzanne McCouaig as head of platform sales. McCouaig will report directly to Colin Woods, general manager of MLC Sales, and will sit on the MLC Sales leadership team. She joins MLC with more than 14 years' financial services experience ... |
| | | | The Australian share market is likely to open little changed after small declines by most US markets on Friday. Resource stocks may gain after metals prices increased. At 0725 AEST on the Sydney Futures Exchange, the September share price index contract ... |
| | | | ... billion. Chris Kelaher, managing director at IOOF, said the firm plans to sell the company's life insurance business. "The sale of these assets simplifies our business and allows IOOF to focus on its core skill set of superannuation administration, distribution ... |
| | | | Big yawn! That's what Wall Street and European markets did overnight. Flat, flat, flat. Perhaps they took a one-day of silence to show respect for US Senator Edward Kennedy. Senator Ted passed away yesterday, aged 77. Or maybe they're just taking a ... |
| | | | The Australian share market is likely to open slightly lower as Wall Street ended flat amid weaker sentiment and profit-taking. At 0753 AEST on the Sydney Futures Exchange, the September share price index contract was 10 points lower at 4421. In economic ... |
| | | | HSBC Bank has appointed former Macquarie Funds Group head of retail sales Geoffrey Pidgeon as head of wholesale wealth management within its global investments business in Australia. As head of wholesale wealth management, Pidgeon will be responsible ... |
| | | | ... growth," said Dominic Stevens, chief executive officer at the group. "This position was further strengthened by last week's sale of our mortgage operations and the retention of 80 per cent of its earnings in the life company. The group's share price ... |
| | | | The Australian share market is expected to open higher after Wall Street soared to its highest point this year on Federal Reserve chief Ben Bernanke's comments that global recovery prospects appear good. At 0749 AEST on the Sydney Futures Exchange ... |
| | | | ... institutional investors. The Future Fund sold the shares at a price of $3.47 (gross proceeds $2.37 billion) through an underwritten sale to the investors. According to a media statement, the sell-down is in line with the board's previously stated plan ... |
| | | | ... of investment management professionals continuing their business with clients, using the same processes. Commenting on the sale, Shemara Wikramanayake, global head of Macquarie Funds Group, said the firm felt "now is an ideal time to expand our reach ... |
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