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Showing 611 - 620 of 1518 results for "MOT"

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 ...

Scholarship launched to support female planners

KERRIE SYDEE  |  WEDNESDAY, 17 AUG 2016
Griffith Business School and SunSuper have partnered to introduce a scholarship to assist women in the financial planning industry. Scholarship recipients will receive $5,000 to put towards their studies and will also be offered either work experience ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 17 AUG 2016
Australia sales of new motor vehicles Total new car sales decreased by 1.3% to 98,062 units in July following a 3.5% increase in the previous month driven by a 5.2% drop in passenger vehicles that negated increases in sales of sports utility vehicles ...

Pension changes will impact retirement adequacy

KERRIE SYDEE  |  FRIDAY, 12 AUG 2016
Impending changes to the aged pension asset test thresholds will have a significant impact on the number of couples able to achieve a comfortable retirement, according to new research from Willis Towers Watson (WTW). The joint research from WTW and ...

AFA calls on members to reject constitution change

KERRIE SYDEE  |  WEDNESDAY, 10 AUG 2016
The Association of Financial Advisers (AFA) is calling on members to reject a call for an extraordinary general meeting (EGM) to pass a special resolution to change the AFA constitution, following an adviser's request via the Life Insurance Customer ...

ASX blockchain move defensive: Professor

DARREN SNYDER  |  TUESDAY, 9 AUG 2016
A New York University professor believes at the very least the ASX should use blockchain to improve its back office processing of trades because that alone would provide a big profit opportunity. NYU Stern School of Business professor David Yermack ...

SMSFs warrant PC review inclusion

DARREN SNYDER  |  WEDNESDAY, 3 AUG 2016
Among its complex and broad assessment of superannuation's competitiveness and efficiency the Productivity Commission says it intends to review data on the extent to which tax is a motivator for setting up an SMSF. The Commission accepts there are several ...

Economic Wrap

ALEX DUNNIN  |  WEDNESDAY, 27 JUL 2016
Inflation crashes to 1pct The Consumer Price Index (CPI) rose 0.4% in the June quarter 2016, according to the latest Australian Bureau of Statistics (ABS) figures. This follows a fall of 0.2% in the March quarter 2016. Annual inflation is now just 1.0% ...

IOOF advice nets $1.3bn in FY16

ALEX BURKE  |  WEDNESDAY, 27 JUL 2016
Total net inflows for IOOF's financial advice businesses, including Ord Minnett and Shadforth, reached $1.3 billion in the year to 30 June, 2016. During the 30 June quarter, IOOF saw positive flows of $500 million in funds under management, administration ...

Super gets reality check on engagement

DARREN SNYDER  |  FRIDAY, 22 JUL 2016
Choice chief executive Alan Kirkland told superannuation funds a few home truths this week, relaying several member perceptions about the industry ahead of research to be released by the consumer advocacy group. Speaking at an Association of Superannuation ...