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Showing 6991 - 7000 of 9288 results for "wealth"

Western recovery expected to lift Asian stocks

MARK SMITH  |  TUESDAY, 6 NOV 2012
Hope of recovery in the developed world, improvements in China and Gillard rhetoric around the 'Asian century', have combined to create a golden opportunity for investment in Asia, according to Certitude's Craig Mowll. Mowll, chief executive of the ...

Westpac warns tough year ahead

MARK SMITH  |  MONDAY, 5 NOV 2012
... superannuation funds," she said. Westpac's financial services arm, which includes retail and business banking as well as its wealth creation business, has performed strongly with wealth penetration up 152 basis points. "Revenue growth in AFS was pleasing ...

Beware greedy SMSF intermediaries

MARK SMITH  |  FRIDAY, 2 NOV 2012
... since 2005, catering to what it describes as a "surge in newly created SMSFs". In a note to journalists, advisers and other wealth professionals the company highlighted that accountants were "struggling to cope with existing SMSF business" and that demand ...

Wealth gap narrows in China

BEN COLLINS  |  FRIDAY, 2 NOV 2012
Farmers in China have seen their incomes grow rapidly this year, helping to close a wealth gap between rural and urban areas. It was the third year in a row that the gap has narrowed, according to a Ministry of Agriculture report cited by the state ...

Triple bypass needed to resurrect NAB's UK business

MARK SMITH  |  THURSDAY, 1 NOV 2012
... underperformance of NAB's UK business was behind the bank's 22% fall in net profit for the full-year to 30 September. With its wealth creation arm performing well and its domestic profits showing strong growth, shareholders are understandably beginning ...

Mercer partners with superMate in SMSF market

LINDA HAUSKEN  |  THURSDAY, 1 NOV 2012
... certificates. The self managed super fund (SMSF) administration provider 'superMate' is designed to allow accountants, wealth managers and advisers who administer SMSFs for trustees to obtain Mercer actuarial certificates from the latest release of the ...

Uncertainty goes uncertainty comes

BENJAMIN ONG  |  THURSDAY, 1 NOV 2012
... impact on GDP as a whole will be mixed to slightly positive." "The upfront decline in GDP and the destruction of physical wealth will be offset over time by greater economic activity. So while the balance sheet of the country as a whole has been negatively ...

Advisers failing to engage disillusioned consumers

MARK SMITH  |  THURSDAY, 1 NOV 2012
The advisory community is falling short of its need to engage the hordes of consumers disillusioned by subdued sentiment and negative press, a panel of industry experts has said. Speaking at the annual AFA National Conference on the Gold Coast last ...

NAB profits slump but wealth division prospers

MARK SMITH  |  WEDNESDAY, 31 OCT 2012
National Australia Bank has reported a 22% plunge in annual profit, but saw growth in its wealth creation business. Net profit at the fourth largest Australian bank fell to $4.1 billion in the year to 30 September, down $1.1 billion on the same period ...

Huge opportunity is higher risk recovery stocks: Southeastern

MARK SMITH  |  WEDNESDAY, 31 OCT 2012
A flight to safety brought about ongoing investor uncertainty in the wake of the GFC means that a wealth of well managed, competitively entrenched and soundly financed companies can be bought at a significant discount to their intrinsic value, according ...