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

Search Results

Showing 7361 - 7370 of 9290 results for "wealth"

Market Wrap - Midday

AAP  |  THURSDAY, 3 NOV 2011
... volatility and consumer caution was likely to be a factor for some time. ANZ shares were 23 cents lower at $20.67 at 1203 AEDT. Wealth manager Perpetual retreated 46 cents to $20.84 after it forecast a drop in first half underlying profit due to falling ...

ANZ profit climbs 19% to $5.36 billion

ELISE BURGESS  |  THURSDAY, 3 NOV 2011
... base, reducing reliance on offshore wholesale funding by $12 billion during the past three years. The profit after tax in wealth was 16% lower than last year due to volatile market conditions while new insurance business growth was offset by adverse ...

MLC internally promotes new group insurance GM

ELISE BURGESS  |  THURSDAY, 3 NOV 2011
... and growth of the group insurance business. She is replacing former general manager, Andrew Howard, who is now MLC & NAB Wealth's general manager, people and culture reporting directly to chief executive, Steve Tucker. Prior to working with MLC, Beer ...

IMAs not a product but a business model

ALEX DUNNIN  |  THURSDAY, 3 NOV 2011
... equivalent to 25% of the entire platform sector. Financial Simplicity's IMA technology is available through groups like net wealth. But Holdsworth said it's a service best delivered though adviser groups rather than to individual advisers in isolation. ...

Westpac rise in cash earnings reflects strong results in retail and wealth

CLAIRE MCGREAL  |  WEDNESDAY, 2 NOV 2011
... brands." Cash earnings per share of 209.3 cents were up 6 %, which Westpac said reflected good results from its retail and wealth divisions. BT Financial Group had a strong year in terms of its cash earnings, with BT Super for Life boosting funds under ...

Yellow Brick Road launches funds management arm

ELISE BURGESS  |  TUESDAY, 1 NOV 2011
... diversity. "With the launch of YBR Funds Management, our team is delivering a real alternative to the market across the entire wealth management spectrum," he said. The YBRFM products will include low-risk, high return, high liquidity, enhanced cash ...

Head of Bank of Melbourne Private appointed

RACHEL DAVIS  |  MONDAY, 31 OCT 2011
... regional executive. Most recently, Ayres was a senior investment specialist with NABInvest. General Manager of Private Wealth at BT Financial Group, Jane Watts, said she was delighted to have Ayres on board to drive the growth of Bank of Melbourne Private ...

Macquarie posts mixed results

ELISE BURGESS  |  FRIDAY, 28 OCT 2011
... Macquarie Life insurance also reached the $100 million milestone in inforce risk insurance premiums while the Macquarie Private Wealth retained the number one position for full-service retail stockbroking based on market share and trading volumes. BFS ...

MLC/NAB earnings down but advisers up

ELISE BURGESS  |  FRIDAY, 28 OCT 2011
MLC and NAB Wealth cash earnings declined 12.5% to $533 million for the September 30 full year although it reported strong investment in adviser numbers, up from 1,555 to 1,864. The total funds under management for MLC and NAB Wealth is sitting at $112.7 ...

Super strategy needed for retirees

ELISE BURGESS  |  FRIDAY, 28 OCT 2011
... required to address a lack of understanding in super savings options, said an advice firm. According to Michael Hutton, wealth management partner at HLB Mann Judd Sydney, retirees need to reassess their ongoing approach to superannuation to explore and ...