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Showing 5931 - 5940 of 8613 results for "DIF"

Changes sent packing

BEN COLLINS  |  THURSDAY, 6 SEP 2012
The separation between group and retail insurance will influence how superannuation funds package benefits for members in the future, said AIA Australia CEO Peter Crewe. Traditionally the two segments have been treated separately by insurers. But new ...

AusEthical announces 64% profit drop

BEN COLLINS  |  TUESDAY, 4 SEP 2012
The only thing up in Australian Ethical Investment's (AEI) full year results were expenses, with a 64% net profit (after tax) drop on the previous year announced yesterday. Lower revenues caused by a 3.6% drop on funds under management, bad market conditions ...

Powerwrap's platform offers advisers full choice

LINDA HAUSKEN  |  MONDAY, 3 SEP 2012
Powerwrap Limited has upgraded its SMARTwrap platform as part of its overall business strategy to offer independent financial advisers full choice at what they regard as a reasonable price. The SMARTwrap Investment Account now offers access to over ...

Investment banking scale down: Barclays

BEN COLLINS  |  MONDAY, 3 SEP 2012
British bank Barclays may scale down its investment banking arm, after new chief executive Antony Jenkins said new regulations would "make some activities in investment banking difficult to make an adequate return on." He said profits would be hit by ...

Loss "disappointing": Austock

BEN COLLINS  |  MONDAY, 3 SEP 2012
Austock Group has reported a full year after tax loss of $16 million, blaming one-off costs from the sale of its securities business and regulations which tied up capital. Austock lost $10.7 million through its securities business, which it sold to ...

So where's the QE?

BENJAMIN ONG  |  MONDAY, 3 SEP 2012
"I know that you believe you understand what you think I said, but I'm not sure you realize that what you heard is not what I meant." - Robert McCloskey By now you would have read the various and myriad of interpretations to US Federal Reserve Chairman ...

Self-reliant investors need professional advice: SFG

MELANIE TIMBRELL  |  FRIDAY, 31 AUG 2012
Clients who are becoming more self-reliant and focusing on 'when to retire' need professional advice, according to SFGA's managing director Tony Fenning, who yesterday delivered a 6% increase in FY12 underlying NPAT for the merged advice firm. Fenning ...

Call for change follows Perpetual 57% profit fall

BEN COLLINS  |  THURSDAY, 30 AUG 2012
Perpetual needs more accelerated and fundamental change, said chief executive and Managing Director Geoff Lloyd, after announcing the group's $26.7 million net after tax profit - a 57% fall on the previous year. A group-wide cost reduction program in ...

Ruling returns $62 million to MF Global customers

MELANIE TIMBRELL  |  THURSDAY, 30 AUG 2012
Failed global derivative network MF Global's Australian customers yesterday learned they would be entitled to the distribution of $62 million of funds pursued by creditors. A ruling in the NSW Supreme Court yesterday established that the $62.7 million ...

Remove insurance from super: Cassidy

MELANIE TIMBRELL  |  WEDNESDAY, 29 AUG 2012
Tasplan chief Neil Cassidy says insurance should be removed from superannuation and a national scheme put in place instead. Cassidy expects a national scheme to offer more universal coverage with cost and efficiency benefits for both members and funds. ...