Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 5491 - 5500 of 8592 results for "SIM"

Abbott's PPL scheme to cost retirees $1.6 billion in hidden tax

JAMES FERNYHOUGH  |  THURSDAY, 22 AUG 2013
Superannuants and lower-income shareholders could be coughing up $1.6 billion towards the Coalition's paid parental leave (PPL) scheme, it has emerged. The Coalition has said it will, in part, pay for the PPL through a 1.5% levy on business earnings ...

NAB Wealth flat as bank's profit rises 2%

MARK SMITH  |  TUESDAY, 20 AUG 2013
National Australia Bank (NAB) has described stable earnings in its wealth division as it reports a 2% rise in cash profit to $1.5 billion in its latest quarterly update. The bank followed AMP and ANZ in expressing concern about the performance of its ...

Strong credit-based strategies contenders in 2013 Hedge Fund Award nominations

ALICE URIBE  |  MONDAY, 19 AUG 2013
The nominees for the 2013 Australian Hedge Fund Awards have been revealed with last year's winner BlackRock being nominated again for the Fund of the Year along with Laminar and Whitehaven. BlackRock has been nominated for the Multi Opportunity Fund ...

Standard Life sales spike after global expansion

LAURA MILLAN  |  FRIDAY, 16 AUG 2013
Standard Life Investments has reported a record net sales of $11.8 billion for the first half of 2013 after the investment manager consolidated its presence globally. The company reported sales of $0.9 billion for the same period in 2012. "The main ...

SYD restructure heats up global pension fund battle

JAMES FERNYHOUGH  |  FRIDAY, 16 AUG 2013

Medical charges put pressure on retiree living costs

ALICE URIBE  |  FRIDAY, 16 AUG 2013
Significant price rises for medical and hospital services have led to a modest increase in the cost of living for retirees according to the latest Australian Superannuation Funds of Australia (ASFA) Retirement Standard figures. The figured for the June ...

AMP profits up 5.4% despite insurance disappointment

MARK SMITH  |  THURSDAY, 15 AUG 2013
AMP Limited's half-year profits are up 5.4% to $393 million following strong performance from its wealth management and investment businesses. The disappointing performance of the financial services company's insurance business was the only black mark ...

Health Industry Plan gets MySuper licence

ALICE URIBE  |  THURSDAY, 15 AUG 2013
Health Industry Plan (HIP) is the latest industry superannuation fund to have its application for MySuper authorisation approved by the Australian Prudential Regulation Authority (APRA). "This is a significant milestone for the fund and it reassures ...

BOQ to fork out $46 million over interest rate botch

JAMES FERNYHOUGH  |  THURSDAY, 15 AUG 2013
Bank of Queensland (BOQ) will refund $34.5 million to members after an internal review found it had applied incorrect interest rates and fees. BOQ said it will also incur additional remediation costs of $11.5 million, bringing the total loss to about ...

MTAA Super converts to listed shares in Sydney Airport

JAMES FERNYHOUGH  |  WEDNESDAY, 14 AUG 2013
Industry superannuation fund MTAA Super has converted its unlisted equity interest in Sydney Airport into a listed shareholding, as part of Sydney Airport's drive to simplify its ownership structure. MTAA Super has swapped its 2.39% unlisted holding ...