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

Search Results

Showing 5891 - 5900 of 11514 results for "DIV"

Treasurer flags super cap exemptions

DARREN SNYDER  |  FRIDAY, 19 AUG 2016
Treasurer Scott Morrison has flagged that lottery wins and inheritances are unlikely to be included as exemptions around the $500,000 cap on post-tax superannuation contributions. Speaking with Sky News yesterday, Morrison said although inheritances ...

Flat markets impact IAG profit

KERRIE SYDEE  |  FRIDAY, 19 AUG 2016
IAG has reported a 14.1% fall in profit as the insurer juggles the impact of lower returns and adverse weather events. IAG reported its FY16 net profit after tax of $625 million down from $728 million in 2015. A loss the group attributes to "a significantly ...

Global ETPs see strong inflows

JAMIE WILLIAMSON  |  FRIDAY, 19 AUG 2016
Global exchange traded products (ETPs) recorded their best monthly flows since December 2014, according to BlackRock's July ETP Landscape Report. The world's largest asset manager reported global ETP flows of $55.2 billion for the six months to end ...

IFM and QIC to compete for Port of Melbourne

DARREN SNYDER  |  FRIDAY, 19 AUG 2016
Both IFM Investors and QIC have been given the green light to progress respective consortium bids to acquire the 50-year lease of the Port of Melbourne. The Australian Competition and Consumer Commission (ACCC) said it will not oppose the two separate ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 19 AUG 2016
Australia employment It was good, but not as good as the headline numbers suggests. Australian businesses hired an additional 26,200 workers in July - more than market expectations for an increase of 10,000 and the biggest monthly rise since the "questionable" ...

Austock expands investment menu

MARK SMITH  |  THURSDAY, 18 AUG 2016
Austock Life has expanded its Vanguard Tax-Paid range, adding three new indexed options to its imputation bond menu. The addition of the Vanguard Diversified Conservative Index, Vanguard Diversified Growth Index and Vanguard International Shares (Unhedged) ...

Super reform fears hit AMP earnings

JAMIE WILLIAMSON  |  THURSDAY, 18 AUG 2016
AMP's wealth management division has suffered a major drop in cashflows, down 49.5 per cent year on year. In a statement, AMP said fallen cashflows were a reflection of a volatile investment market and weak investor confidence due to proposed superannuation ...

Praemium launches new managed accounts solution

JAMIE WILLIAMSON  |  THURSDAY, 18 AUG 2016
Platform provider Praemium has launched a new managed account solution for a longstanding Brisbane-based client. Clients of Burrell Stockbroking and Superannuation will now have access to diversified investment portfolios via its new, fully-branded ...

QV Equities posts solid year

DARREN SNYDER  |  THURSDAY, 18 AUG 2016
QV Equities' cautious approach last financial year saw the listed investment company post a portfolio return of 8.2% before tax, and a company after tax profit of $5.72 million. Managed by Investors Mutual, the LIC reduced its cash position by 10% during ...

ANZ partners with Mercer for retiree portfolios

ALEX BURKE  |  THURSDAY, 18 AUG 2016
ANZ Wealth has partnered with Mercer to develop new model portfolios for retirees. The portfolios will be distributed via ANZ Wealth aligned licensees and focus on diversification across asset classes. Each is based on a particular investment objective ...