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Showing 5451 - 5460 of 5926 results for "March 27"

ASIC bans Queensland advisor

The Australian Securities and Investments Commission (ASIC) has banned a Queensland financial advisor from providing any financial services. "ASIC's decision serves as a warning that dishonest conduct will not be tolerated and a lifetime ban will be ...

Australian Wealth Management posts modest debut results

Australian Wealth Management (AWM) has posted a $113,000 maiden net profit for the six months to March 31, in line with forecasts set out in its scheme book prior to listing. The profit included one off separation and restructuring costs to the tune ...

Record year pays-off for MacBank execs

Macquarie Bank yesterday announced a massive increase of 67 per cent in after tax profit to $823 million and an increase of over 50 per cent in total remuneration for its executive directors and its top five executives to $93 million. Pre-tax profit ...

IFM bid for PacHydro 'fair'

An independent expert's report of Pacific Hydro commissioned by the company's independent directors has found the Industry Funds Management (IFM) bid of $5 per share for the group is 'fair and reasonable'. The report was conducted by Ernst & Young Transaction ...

FPA concerned over misleading advertising about Choice

The Financial Planning Association (FPA) has expressed its concerns that the current advertising campaigns regarding choice of fund are factually inaccurate and are creating a confusing climate for consumers in the lead up to the new regime. The FPA ...

PGIA's property rating upgraded to 'strong'

Standard & Poor's (S&P) has awarded an Assirt four star rating to the Principal Global Investors Australia (PGIA) Property Securities Fund and upgraded its assessment of Principal's capabilities in the Listed Property Trust sector from 'competent' to ...

HSBC Australian property securities funds affirmed

Standard & Poor's has affirmed its 'strong' Assirt property securities sector ratings on HSBC Asset Management (HSBCAM) including the HSBC Australian Property Securities Trust and HSBC Property Securities Wholesale Fund, however HSBCAM's direct property ...

NAB's half year results on track

The National Australia Bank (NAB) has posted its half year results with cash earnings before significant items of $1.62 billion and after significant items of $2.439 billion. Those items included a $1.073 billion profit on the sale of Northern and National ...

Tower finalises top team with PIS MD

Tower Limited has named Professional Investment Services (PIS) managing director Grahame Evans as its chief executive officer for investments in Australia. Evans appointment rounds out the filling of the top roles in Tower Limited which came about as ...

Centro slashes investment limits on direct property fund

Centro Properties Group has dropped the minimum investment on its Centre Direct Property Fund (DPF) by $200,000 to $50,000 in order to broaden investor access to the product. The reduced investment level is part of a new Product Disclosure Statement ...