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Showing 6441 - 6450 of 11514 results for "DIV"

AustralianSuper nabs Future Fund property exec

LAURA MILLAN  |  MONDAY, 31 AUG 2015
The Future Fund's director of property has joined AustralianSuper as senior investment manager of property. John Longo started at AustralianSuper last week, after leaving the Future Fund, where he worked for over four years. AustralianSuper did not ...

Member activism could hurt super returns

LAURA MILLAN  |  MONDAY, 31 AUG 2015
Activism from fund members and social media users concerned about environmental, social and governance (ESG) issues could end up hurting superannuation returns. The recent campaign against HESTA's exposure to Transfield has highlighted the risks that ...

Fiducian reports growth after restructure

STAFF WRITER  |  FRIDAY, 28 AUG 2015
Fiducian net profit after tax grew 28% for the year to 30 June 2015, during which the financial planning group restructured and acquired a number of advice businesses. The group's profit was $5.7 million, up from $4.5 million the year before, while ...

NAB exec to head AMP Bank

LAURA MILLAN  |  FRIDAY, 28 AUG 2015
National Australia Bank (NAB) chief financial officer of business and personal banking has been appointed managing director of AMP Bank. Sally Bruce will report to AMP group executive of advice and banking Rob Caprioli and will be responsible for all ...

Record IOOF inflows

STAFF WRITER  |  FRIDAY, 28 AUG 2015
IOOF has seen a record $1.7 billion in net fund inflows to its flagship platforms in the 12 months to 30 June, up 19% on last year. Underlying net profit after tax (NPAT) was also up strongly on last year, rising 41% to $174 million. Statutory NPAT ...

Countplus profit hit by end of loyalty payments

MARK SMITH  |  THURSDAY, 27 AUG 2015
Countplus has seen its after-tax profit fall 12.2% as loyalty payments paid by Commonwealth Bank ended. Net financial planning revenue was down 15.9% due to payments to 16 member firm franchisees expiring. Excluding the impact of these payments and ...

Folkestone builds on strong foundations

MARK SMITH  |  THURSDAY, 27 AUG 2015
Real estate investment manager Folkestone has more than doubled its profit in the 12 months to 30 June. Net profit after tax stood at $7 million, up 122.6% on the same period last year. Earnings per share of 1.1 cents were up 57.1% on FY14 and funds ...

Manus and Nauru are immoral and risky: super funds

LAURA MILLAN  |  THURSDAY, 27 AUG 2015
Governance concerns and member pressure were behind HESTA and NGS Super's decision to divest from Transfield, but a closer look at the company revealed considerable investment risk. "We looked at it and we saw that there are a lot of other companies ...

Perpetual's acquisition of The Trust Company pays off

LAURA MILLAN  |  THURSDAY, 27 AUG 2015
Perpetual Private's profit before tax was up 74% for the year to 30 June 2015, with the parent company registering a net profit after tax 50% higher. "The result was boosted by the acquisition of The Trust Company, growth in new high net worth clients ...

Intra-fund advice can be improved: WSSA

DARREN SNYDER  |  WEDNESDAY, 26 AUG 2015
Workplace Super Specialists Australia (WSSA) chief executive Douglas Latto believes more can be done to improve intra-fund advice for superannuation members in a system that is currently reactive and lacking penetration. Speaking at the inaugural WSSA ...