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Migrating a UK pension easier with good advice

ALEX DUNNIN  |  TUESDAY, 15 AUG 2006
The UK is still our biggest source of inward migration, yet many UK migrants still need help sorting out how to transition their UK pensions into Australia. Making this transition complex, however, is that the UK can have eight different types of pension ...

Advance creates chief sales role

Multi-boutique manager Advance Asset Management has appointed one of its top performing sales managers to the newly created role of national sales manager. Tony Skinner, who has been with Advance for six years, has taken on the new role and will be ...

Market wrap - morning

AAP  |  TUESDAY, 15 AUG 2006
... index contract was down seven points to 4954. Today, Wesfarmers, Boral and Cochlear will release their annual results, while top end retailer David Jones will reveal its fourth quarter sales. The Australian share market closed higher yesterday as a round ...

MacarthurCook shares up five-fold as FUM tops $1bn

Property fund specialist MacarthurCook is riding the crest of the managed property fund boom with its shares up 455 per cent and funds under management (FUM) reaching $1 billion in just over three years. "MacarthurCook's growth has been breathtaking ...

Budget super consultations attract 3,500 submissions

ALEX DUNNIN  |  THURSDAY, 10 AUG 2006
... statement released by the Treasurer's office said, "Superannuation funds are required under current law to withhold tax at the top marginal rate on lump sum payments and pensions where a member has not provided their TFN." But if the member later provided ...

Soft skills should be a priority: Zurich

Risk services provider Zurich Financial Services Australia has said that while many financial planners are busy earning CPD points for improving their industry knowledge they should also spare some time for working on their 'soft skills' to better serve ...

AXA Asia Pac chief to bow out

... extend his contract which expires at year-end, stating the time is right for a change after his near seven year tenure at the top. "I have been in my role for nearly 7 years and the time is right for a change from a personal and family point of view. ...

Citigroup revamps hedge fund platform

... order and portfolio management, portfolio analytics and reporting, trade entry and routing and portfolio accounting. But on top of that, Linedata's Beauchamp technology adds functionalities such as access to multiple executing brokers and prime brokers. ...

Market wrap

AAP  |  FRIDAY, 4 AUG 2006
... up 15.67 points at 17,048.42. WELLINGTON - New Zealand shares reaped the rewards of strong markets overseas, boosting the Top 50 index by half a per cent. The benchmark NSX-50 rose 19.49 points to 3583.00 on turnover worth $NZ194 million ($A158.35 mi ...

Fin planners need to re-think succession strategy

... they will miss out on realising the full value of their business." He explained that planners are driven by growing their top line income when potential acquirers are more interested in their profit history. "Few practices are structured to manage escalating ...