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

Search Results

Showing 7151 - 7160 of 18271 results for "Plan"

Inflows and performance boost Australian Ethical profits

MARK SMITH  |  WEDNESDAY, 31 AUG 2016
Australian Ethical has extended its run of strong financial performance, raising net after tax profits 53% to $3 million in the 12 months to 30 June. The rise in profits was driven by net inflows of $319 million, up 78% on last year. Group funds under ...

Spring FG CEO steps down temporarily

JAMIE WILLIAMSON  |  WEDNESDAY, 31 AUG 2016
Spring Financial Group has appointed an acting chief executive to reduce managing director Keith Cullen's workload while he recovers from recent surgery. Current head of advice services Frank Paul has taken on the interim role, having previous leadership ...

Capital not enough to prevent failures

KERRIE SYDEE  |  WEDNESDAY, 31 AUG 2016
A lone reliance on capital is an "unwise strategy", according to APRA chair Wayne Byres who said the industry must accept and prepare for failures in the banking industry. Speaking at the Actuaries Institute Banking Conference Byres noted that while ...

Bridges advice head resigns

JAMIE WILLIAMSON  |  TUESDAY, 30 AUG 2016
The chief executive of IOOF-owned Bridges has resigned and the former head of Western Pacific Financial Planning has been appointed to the role in the interim. Nick Langton joined Bridges in 2014 from Perpetual where he was general manager of Perpetual's ...

HUB24 partners for new white label offering

ALEX BURKE  |  TUESDAY, 30 AUG 2016
HUB24 has partnered with a licensee to create a new bespoke platform and managed portfolio offering. Beacon Financial Group selected HUB24 to create this new service to be distributed to its over-200 authorised representatives, collectively managing ...

Industry fund expands investment team by 74pct

DARREN SNYDER  |  MONDAY, 29 AUG 2016
An industry super fund says it will expand its in-house investment team from 34 to 59 this financial year and implement a newly-defined strategy aiming to capture several scale advantages. Growing its investment team by 74%, Cbus says it is preparing ...

MySuper insurance widely misunderstood

JAMIE WILLIAMSON  |  MONDAY, 29 AUG 2016
... cover available through MySuper, highlighting that a majority of members don't understand that when they get TPD in a group plan it is generally an offset of the life insurance also provided and if they claim on TPD there is no life insurance. Clough ...

Digital key to greater trust, literacy

KERRIE SYDEE  |  MONDAY, 29 AUG 2016
Financial advisers must embrace digital advice to increase understanding and trust among prospective clients, according to StatePlus general manager, financial planning and marketing Jason Andriessen. Research conducted by StatePlus found that 84% of ...

Telstra Super appoints financial planning EGM

DARREN SNYDER  |  MONDAY, 29 AUG 2016
Telstra Super recently appointed an executive general manager to lead its financial planning team, signifying the corporate superannuation fund's ongoing commitment to advice services. Joining Telstra Super as its new financial planning EGM is Stephen ...

EGFM launches new property fund

JAMIE WILLIAMSON  |  FRIDAY, 26 AUG 2016
EG Funds Management has launched a new close-ended, unlisted real estate fund. Yield Plus Infrastructure Fund No. 2 (YPI 2) raised just under $400 million in equity at first close with both domestic and offshore institutional investors. The fund manager ...