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Showing 5241 - 5250 of 7873 results for "Board"

Hyperion joins Packer in taking Magellan profits

MARK SMITH  |  THURSDAY, 22 AUG 2013
... through a role as a special adviser. Former Meryll Lynch and Captial Markets Group senior executive and current Magellan board member Dr Brett Cairns has already been named as Mackay's replacement. Dr Cairns was originally appointed to the Board in January ...

Executive pay under spotlight in new ACSI guidelines

JAMES FERNYHOUGH  |  WEDNESDAY, 21 AUG 2013
... company directors. The updated guidelines, developed in consultation with ACSI member funds, focus on investor expectations of board practices, executive pay structures and conduct during capital raisings. On the subject of executive pay, ACSI criticised ...

Howes to join AMP wealth management business

ALICE URIBE  |  TUESDAY, 20 AUG 2013
... that understands the value of actuaries as business advisers and there are actuaries in many senior positions and on the board." Howes explained that she had always intended on staying at the Actuaries Institute for between three and five years. "This ...

NAB Wealth flat as bank's profit rises 2%

MARK SMITH  |  TUESDAY, 20 AUG 2013
... and ANZ in expressing concern about the performance of its insurance business which suffered from higher claims across the board, partially offset by lower disability claims. The Investment business benefited from higher funds under management (FUM) ...

Market Wrap AM

JAMES FERNYHOUGH  |  TUESDAY, 20 AUG 2013
... points at 5,071. In economic news on Tuesday, the Reserve Bank of Australia is due to release the minutes of its monthly board meeting. The Australian Bureau of Statistics releases the International merchandise import figures for July, while the Commonwealth ...

Bendigo records $350 million in profits

JAMES FERNYHOUGH  |  MONDAY, 19 AUG 2013
... profit, cash earnings, net interest margin, dividend, earnings per share, return on equity and cost to income ratio." BEN's board of directors have announced an increase in the final dividend to 31 cents per share, taking the full-year dividend to 61 ...

Annuity sales reinforce solid Challenger result

MARK SMITH  |  MONDAY, 19 AUG 2013
... per share for the group increased by 2% to 58.6 cents. The full year dividend rose 11% to 20 cents per share following the board's declaration of a final dividend of 10.5 cps. "Our funds management "super savings" business is directly leveraged to the ...

Market Wrap AM

AAP  |  FRIDAY, 16 AUG 2013
... Provision of Liquidity, at an Australian Financial Markets Association (AFMA) and RBA briefing. The RBA's Payments System board meeting is also scheduled. In equities news, Automotive Holdings Group, Platinum Asset Management and AVJennings are expected ...

BOQ to fork out $46 million over interest rate botch

JAMES FERNYHOUGH  |  THURSDAY, 15 AUG 2013
... through the automation of lending processes from origination through to the back office," Grimshaw said. Meanwhile, BOQ's board of directors have said they expect profit before tax for the year up to 31 August 2013 to be "at the top end" of $339 million ...

Trio director strikes back and takes APRA to court

LAURA MILLAN  |  THURSDAY, 15 AUG 2013
... was also a director and owner of one of Trio's investment managers, Millhouse IAG Limited (MIAG). During his tenure on the board of Trio, Millhouse approved around $85 million of investments without adequate due diligence and without being the more favourable ...