Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 681 - 690 of 1630 results for "Division 296"

OneVue boss pleased with market position

MARK SMITH  |  MONDAY, 29 AUG 2016
Listed platform and fund services provider OneVue has a $4 million loss for the 12 months to 30 June, despite lifting services revenue by 19%. The $4 million loss this year follows a reported $220,000 loss in 2015. Though services revenue rose to $26.4 ...

Parliament goes to war on super

DARREN SNYDER  |  THURSDAY, 25 AUG 2016
Superannuation policy is headlined as one of the federal government's first tests when parliament resumes next week, following opposition plans to amend some of the biggest changes to super in a decade. Opposition Leader Bill Shorten wants the $500,000 ...

ClearView earnings reflect business growth

JAMIE WILLIAMSON  |  WEDNESDAY, 24 AUG 2016
ClearView has reported a surge in earnings during its transition from the "build phase to growth phase". The wealth management firm delivered a 33% increase in underlying net profit - up to $27.2 million - and 35% rise in total operating earnings, achieving ...

MLC extends Rio Tinto insurance partnership

DARREN SNYDER  |  WEDNESDAY, 24 AUG 2016
Members in the accumulation division of the Rio Tinto Staff Superannuation Fund (RTSSF) were recently moved to new insurance arrangements following MLC winning a market tender. The accumulation division was previously under self-insurance arrangements ...

IFM and QIC to compete for Port of Melbourne

DARREN SNYDER  |  FRIDAY, 19 AUG 2016
... interest in the port, combined with Dutch pension fund manager APG (25-30%), and Macquarie's infrastructure and real assets division (20%). The QIC consortium sees its private capital division looking to acquire 40%, combined with GIM Advisory Services ...

Super reform fears hit AMP earnings

JAMIE WILLIAMSON  |  THURSDAY, 18 AUG 2016
AMP's wealth management division has suffered a major drop in cashflows, down 49.5 per cent year on year. In a statement, AMP said fallen cashflows were a reflection of a volatile investment market and weak investor confidence due to proposed superannuation ...

PROFILE: Qantas Super chief executive Michael Clancy

DARREN SNYDER  |  FRIDAY, 12 AUG 2016
Qantas Super chief executive Michael Clancy believes it is within most people's means to better understand and engage with their superannuation. It is this mantra that will help shape the corporate super fund. Every time Michael Clancy steps off a Qantas ...

CBA posts record profit despite dip from wealth division

MARK SMITH  |  WEDNESDAY, 10 AUG 2016
A 6% dip in the cash profit of Commonwealth Bank's wealth management division did not hold the bank back from recording a record after tax cash profit of $9.45 billion for the 12 months to 30 June, up 3% on last year. Wealth Management cash net profit ...

Bentleys NSW takes the leap into financial planning

KERRIE SYDEE  |  MONDAY, 8 AUG 2016
Mid-tier accounting, taxation and audit firm, Bentleys NSW, has launched a new financial advisory division, Bentleys Wealth Advisors. Led by newly appointed managing director of Bentleys Wealth Advisors, Matthew Cassidy, the division is focused on offering ...

ANZ faces mis-selling allegations in court

ALEX BURKE  |  THURSDAY, 4 AUG 2016
The Administrative and Equal Opportunity Division of the Civil and Administrative Tribunal of New South Wales has allowed a case against ANZ and OnePath for mis-selling a life insurance product to proceed. Charles and Judith Cairns, New Zealand citizens ...