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Showing 511 - 520 of 1907 results for Laura Millan

Advisers scramble to gather ASIC register data

LAURA MILLAN  |  MONDAY, 2 MAR 2015
Financial advisers and dealer groups are in "a scramble to be ready" for the March 31 deadline to submit information to the public register of financial advisers, Veda head of wealth Mark Hoven said. Hoven told Financial Standard that advisers and licensees ...

Millionaire investors swell in 2014

LAURA MILLAN  |  MONDAY, 2 MAR 2015
The number of investors holding $1 million or more has experienced the largest growth in the past five years, Investment Trends' latest report revealed. Australia minted 43,500 new millionaires over 2014 and the high net worth (HNW) investor population ...

OneVue's platform FUA rise 45%

LAURA MILLAN  |  MONDAY, 2 MAR 2015
OneVue funds under administration (FUA) in platform services rose 45% to $2.82 billion during the six months to December 2014 on the back of the Select Investment Partners acquisition. Funds under management (FUM) for the wholly-owned Select Investment ...

2014 IPO rally delivered volatility, low returns

LAURA MILLAN  |  FRIDAY, 27 FEB 2015
Less than half of the initial public offerings (IPO) launched over the past year delivered positive returns in their first month and volatility was higher than for ASX20 stocks, according to figures from State Street Global Advisors (SSgA). Of the 26 ...

AIA profit up 16% in 2014

LAURA MILLAN  |  FRIDAY, 27 FEB 2015
AIA operating profit after tax was up 16% to US$2.91 billion for the year ended 30 November 2014. The Hong Kong-listed insurance company reported that net profit was up 22% to US$3.45 billion during that year. The board of directors has recommended ...

Accounting businesses drag Countplus profit

LAURA MILLAN  |  FRIDAY, 27 FEB 2015
Countplus profit was down 10.3% for the six months to December 2014, with results reflecting challenging conditions in the accounting and business service area, the company reported. Countplus net profit after tax was $6.08 million, down 10.3%. However ...

Perpetual forecasts $18m benefit from Trust acquisition

LAURA MILLAN  |  FRIDAY, 27 FEB 2015
Perpetual reported that the integration of The Trust Company is ahead of schedule and is expected to deliver synergy benefits of $18 million to $20 million before tax. The company reported an underlying profit after tax of $62.1 million, up 30% on the ...

Super not "a top-up" for Age Pension: FSC

LAURA MILLAN  |  THURSDAY, 26 FEB 2015
Superannuation should no longer be considered "a top-up" for the Age Pension and the tax treatment of super debate can't be brought up in isolation, the Financial Services Council (FSC) chief executive Sally Loane said in her inaugural speech. "The ...

Futuro ends AMP buyout deal

LAURA MILLAN  |  THURSDAY, 26 FEB 2015
AMP will not be able to proceed with the planned buyout of Futuro Financial Services after both businesses agreed to end the ownership deal. AMP acquired a 10% stake in Futuro in 2012, and the agreement left open the option to increase participation ...

SFG acquisition boosts IOOF growth

LAURA MILLAN  |  THURSDAY, 26 FEB 2015
IOOF Holdings has reported a record half year growth, following the acquisition of SFG Australia. Underlying net profit after tax pre-amortisation was $80.6 million for the six months to 31 December 2014, with SFG contributing $16.3 million to the result. ...