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| | | Trustees of retail super funds who pay commissions to subsidise holistic advice could be breaching the sole purpose test, according to Industry Super Network executive manager David Whiteley. Speaking at the Association of Superannuation Funds of Australia ... |
| | | | Tyndall/Suncorp will merge their two separate fixed income teams next quarter and increase staff numbers at their global macro team over the next year as part of a broader growth strategy, according to managing director Brett Himbury. Himbury said the ... |
| | | | ... taxable in the hands of shareholders. PDFs also pay only 15 per cent company tax and no income or capital gains tax on the sale of its shares. The issue is due to close December 6 and the company expects to list on the ASX on December 17. Austock Funds ... |
| | | | ... appropriate numbers was not a cut and dried process. "We're keen to get the right ones to join the group, but it's like any sale - you fill the sales pipeline and over time results pop out the other end. But it is literally a continuous process." IOOF ... |
| | | | ... Real Estate Group's contribution was down 64 per cent on the prior corresponding period, but this was down to that period's sale of Goodman Group increasing profits. Assets under management, including associates, increased by 10 per cent to $23.5 billion. ... |
| | | | ... these will be somewhat artificial. The key issue for investors to consider with these funds is an event requiring the forced sale of securities," he said. He said as all funds rated by Zenith apart from Perpetual marked to market, periods of market stress ... |
| | | | ... serious injuries. The People's Daily reported that shoppers were waiting outside the store at 4 am for a 20 per cent-off sale on rapeseed cooking oil, which has seen prices rise more than a third in the past year thanks to rising inflation. Following ... |
| | | | Bravura Solutions features as the only Australian financial services technology provider to rank in this year's FinTech 100. The Financial Insights and American Banker magazine, FinTech 100, determines its rankings from each companies year-end revenues ... |
| | | | Like a house of cards near an open window, many things tumbled overnight - US shares, the ASX/S&P 200, Asian stocks, the FTSE, US bond yields, gold, base metals, the Aussie dollar and, on the upside, oil prices also dropped. Asian markets tumbled after ... |
| | | | JPMorgan Treasury and Securities Services (TSS) has announced a new executive team to help lead its expansion into New Zealand next year. Former AXA chief operating officer Jane Perry has been appointed head of worldwide securities services (WSS) for ... |
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