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Showing 821 - 830 of 1347 results for "Stage 1"

NAB appoints Antares GM

ALEX BURKE  |  MONDAY, 7 SEP 2015
NAB Asset Management has appointed a new general manager for Antares Equities. Brendan Donohoe has taken on the role having worked at Antares as head of institutional sales since 2012. Prior to that, he was a divisional director at JANA Investment Advisers. ...

Folkestone builds on strong foundations

MARK SMITH  |  THURSDAY, 27 AUG 2015
Real estate investment manager Folkestone has more than doubled its profit in the 12 months to 30 June. Net profit after tax stood at $7 million, up 122.6% on the same period last year. Earnings per share of 1.1 cents were up 57.1% on FY14 and funds ...

Industry fund competes directly with advice networks

LAURA MILLAN  |  WEDNESDAY, 26 AUG 2015
An industry superannuation fund has set up a nationwide network of advisers accredited under the Financial Planning Association (FPA) Professional Practice program. UniSuper is the first not-for-profit fund to have all of its advice offices accredited ...

Industry gears for new settlement regime

MARK SMITH  |  TUESDAY, 25 AUG 2015
Custodians are on track reduce settlement times from three days to two days in time for the official regime change in March 2016. Firms are gearing up to start testing their readiness for the new T+2 Settlement regime in October. "Reducing settlement ...

NZ Super eyes glass to smash returns

DARREN SNYDER  |  FRIDAY, 14 AUG 2015
The New Zealand Superannuation Fund will have a place on the board of a US-based tinted glass manufacturer after purchasing a stake in the business for US$75 million. NZ Super Fund's head of international direct investment, Nigel Gormly, will take a ...

Advice licensee uses tech to bypass paraplanning

DARREN SNYDER  |  THURSDAY, 6 AUG 2015
State Super Financial Services (SSFS) has partnered with a technology provider to add efficiency to the advice process and bypass paraplanning completely. SSFS managing director, Michael Monaghan, said the company is pursuing a growth strategy that ...

KKR invests in German fibre-optics via $4.2bn infra fund

ALEX BURKE  |  TUESDAY, 21 JUL 2015
Following the closing of its new $4.2 billion infrastructure fund, global alternatives manager KKR has partnered with Dutch investment firm Reggeborgh to acquire a majority stake in German infrastructure company Deutsche Glasfaser (DG). Reggeborgh currently ...

Annuities to become more competitive

DARREN SNYDER  |  WEDNESDAY, 15 JUL 2015
... your strategy," Lytas said. "Right now if we were to launch a deferred lifetime annuity - the assets during that deferral stage - will be taxed at 15%. So straight away there is a tax strain and you're not optimising the return you're giving to the retiree." ...

Trowbridge salutes risk reforms package

ALEX BURKE  |  FRIDAY, 26 JUN 2015
Life Insurance and Advice Working Group (LIAWG) chair John Trowbridge has applauded the industry-led risk reforms package. After the industry bodies behind the LIAWG - the Association of Financial Advisers, Financial Planning Association of Australia ...

Former FPA chair to leave Hood Sweeney

STAFF WRITER  |  WEDNESDAY, 24 JUN 2015
After six years as managing director of South Australian financial services firm Hood Sweeney, Matthew Rowe recently announced he would not seek re-appointment in the position. A former Financial Planning Association of Australia (FPA) chair, Rowe will ...