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Showing 7281 - 7290 of 9290 results for "wealth"

Perpetual completes retail distribution restructure

CLAIRE MCGREAL  |  WEDNESDAY, 22 FEB 2012
Former NAB/MLC Wealth head of national accounts and research Matt Thompson will join Perpetual next month as general manager strategic accounts. The move is part of a shake-up of Perpetual's retail distribution set-up announced in December, which sees ...

Bendigo Wealth opts for scaled advice ahead of FOFA

MELANIE TIMBRELL  |  TUESDAY, 21 FEB 2012
Bendigo Wealth has announced a scaled-advice capability to drive down the cost of financial advice in an effort to address key FOFA issues such as accessibility. In a fact-sheet to planners circulated with the announcement, Bendigo Wealth wrote, "FOFA ...

Australia doesn't need a SWF

ALEX DUNNIN  |  TUESDAY, 21 FEB 2012
A new report by the Centre for Independent Studies says the Future Fund, Australia's de facto sovereign wealth fund, far from being a fiscally responsible way to rebalance intergenerational equity, is economically flawed. The reasoning behind the fund ...

BEN announces solid results

ELISE BURGESS  |  MONDAY, 20 FEB 2012
... contraction in margin, coupled with slowing credit growth and market sentiment moving investors away from higher margin wealth and equities products, has resulted in flat earnings," Hirst said. During the recorded period, BEN completed an institutional ...

Macquarie Life appoints national underwriting manager

RACHEL DAVIS  |  MONDAY, 20 FEB 2012
... underwriting team. Bertasso previously held roles with CommInsure, AMP and with global reinsurer, Swiss Re. "Marcello has a wealth of experience in the life insurance and reinsurance industries, which sees him bring to Macquarie Life a unique understanding ...

HUB24 increases FUM by half a billion dollars

CLAIRE MCGREAL  |  FRIDAY, 17 FEB 2012
... billion dollars in funds under management for the Investorfirst owned subsidiary. Advisers at DFS Solutions, Equiti Private Wealth, Oxbrey Financial Group and Mandalay Wealth Management will now use the HUB24 platform. "HUB24 will enable us to achieve ...

ANZ reaches $1.48bn in three months

ELISE BURGESS  |  FRIDAY, 17 FEB 2012
... three months to December 31 2011, calling it a solid result during a difficult global period with volatility also impacting wealth management. In the Group's results, ANZ said its Super Regional Strategy was performing well, growing and diversifying ...

Pricing competition risks net returns from MySuper: FSC

MELANIE TIMBRELL  |  THURSDAY, 16 FEB 2012
... new products in this segment in recent years whilst Colonial First State discounted its existing mass market product. ANZ Wealth launched a new product this year. In addition new players are entering this market such as Bendigo & Adelaide Bank and ING ...

Market Wrap

AAP  |  THURSDAY, 16 FEB 2012
... Banking Corporation's first-quarter cash profit fell slightly due to a fall in income from its markets-related business. Wealth manager and life insurer AMP reported an 11 per cent fall in its full-year net profit to $688 million. Its shares opened 13 ...

S&P Capital IQ closes local fund research, wealth services

MELANIE TIMBRELL  |  THURSDAY, 16 FEB 2012
S&P Capital IQ has announced it will focus on institutional clients and no longer conduct local funds research and wealth management services from October this year. In total, 30 jobs are expected to be lost in the move, which will see a concentration ...