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Showing 6491 - 6500 of 9288 results for "wealth"

CBA posts $4.27bn half year profit

AAP & ALICE URIBE  |  WEDNESDAY, 12 FEB 2014
... Bank (CBA) has posted a $4.27 billion half year profit, up 14% on the previous year, helped along by strong growth in the wealth management division. The group's wealth management earnings as average funds under administration (FUA) grew by 22% and 89% ...

ANZ profit on the rise in first quarter

AAP  |  WEDNESDAY, 12 FEB 2014
... charge for bad debts was $191 million in the December quarter, down from $322 million in the September quarter. The global wealth division continued to improve business performance through productivity gains and increased sales of wealth solutions to ...

CommInsure nabs exec from Swiss Re

LAURA MILLAN  |  TUESDAY, 11 FEB 2014
... executive general manager at CommInsure, effective April 7, 2014. Helen Troup will be leading CommInsure and joining the wealth management leadership team, Commonwealth Bank group executive of the management division Annabel Spring said. "Her extensive ...

FSC joins calls for tax deductible advice

MARK SMITH  |  MONDAY, 10 FEB 2014
... FOFA reforms. "Maximising access to financial advice is important, as advice is integral to growing and protecting the wealth and retirement savings of individuals and families," the FSC said. Treasury ruled out the possibility of including tax-deductible ...

EQT charitable trust distribute over $14.5 million

LAURA MILLAN  |  FRIDAY, 7 FEB 2014
Equity Trustees' (EQT) 206 charitable trusts distributed more than $14.5 million in 2013, following the directions and wishes of the trusts' founders. The charitable trusts managed by Equity Trustees total more than $490 million in value and are comprised ...

Morgan Stanley bumps up Chambers to Wealth CEO

HARRY PAGE  |  FRIDAY, 7 FEB 2014
Morgan Stanley Wealth Management Australia has appointed current head of Institutional Equity and Wealth Management to the role of chief executive, upon the departure Brendan Goffinet. Goffinet is set to return to the US but will work with Chambers ...

ETF assets to surpass hedge funds in 12-18 months

MARK SMITH  |  THURSDAY, 6 FEB 2014
... innovation, from more wide-spread users of, and uses for, ETFs as they take market share from competitors." EY's Oceania Wealth and Asset Management leader Antoinette Elias said. "The European market is comparatively sophisticated, but geographically ...

Hamilton calls for stricter SMSF licensing

MARK SMITH  |  WEDNESDAY, 5 FEB 2014
... from property spruikers and unscrupulous promoters of geared investment strategies within SMSFs, according to Hamilton Wealth Management's Ian Gillies. The Reserve Bank, Australian Taxation Office and Australian Securities and Investments Commission ...

Tyndall AM names new head of Fixed Income

JAMES FERNYHOUGH  |  TUESDAY, 4 FEB 2014
... downside risk and maintaining low volatility for clients," he said. "Roger has been with Tyndall for 15 years, and has a wealth of experience in fixed income strategy with a strong focus on insurance investment strategies. He has become increasingly ...

Future Fund quiet on leadership changes

JAMES FERNYHOUGH  |  MONDAY, 3 FEB 2014
... if Costello were to become chair, he "would be surprised if there would be much change" at the $96.5 billion sovereign wealth fund. Speaking to media at the Future Fund's six monthly portfolio briefing, Burgess also deflected questions about who would ...