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Showing 871 - 880 of 2816 results for "Division"

AMP profits nose dive, dividends hit

KANIKA SOOD  |  FRIDAY, 25 JAN 2019
... expecting a full year impact of $35 million post tax from MySuper pricing changes in its Australian wealth management division; a $85 million post-tax annual impact from unwinding the internal distribution arrangements and adjustments for tax and products ...

Profit downgrade hurts Challenger

KARREN VERGARA  |  THURSDAY, 24 JAN 2019
... volatility." Compared to actual interim 2017 results, Challenger's bottom line was $198.5 million. Its funds management division, which earned $2 million in performance fees, are $4 million lower than the prior corresponding period. Challenger flagged ...

Advice firm hires from Macquarie Private Wealth

KANIKA SOOD  |  TUESDAY, 22 JAN 2019
A former division director at Macquarie Private Wealth has joined a Melbourne-based boutique wealth management firm. Paul Grifa is joining Steward Wealth as a director, along with his long-standing assistant Kiera Lecher. He joins the firm's two founding ...

Norwegian pension fund drops WHSP

HARRISON WORLEY  |  FRIDAY, 18 JAN 2019
... Pointing to its guidelines for exclusion from the Government Pension Fund Global, Norges said its investment management division advised Washington H. Soul Pattinson met the criteria for exclusion through section 2, part 2 of the fund's exclusion guidelines. ...

Sydney's latest high net-worth individual

HARRISON WORLEY  |  FRIDAY, 18 JAN 2019
... $107 million richer. A mother in her 40s will rocket into Sydney's high net-worth individual set, after she took out the division one prize in Thursday's $100 million Powerball jackpot, breaking Australian record books along the way. The winner - who ...

PSP ramps up Aussie agriculture investment

KARREN VERGARA  |  WEDNESDAY, 16 JAN 2019
... management team, head office and business structure. The amount of the deal is undisclosed. PSP said its natural resources division is a strategic fit with BFB as it has the financial resources at its disposal to support BFB's expansion plans. PSP's ...

NAB to end financial planning compliance issue

HARRISON WORLEY  |  TUESDAY, 15 JAN 2019
... support staff did not correctly witness client BNFs. NAB has moved to bring a compliance issue in its financial planning division to a close. NAB said impacted clients only signed the form with one witness present, with a second witness signing the forms ...

Superannuation a mystery to students: survey

KANIKA SOOD  |  THURSDAY, 10 JAN 2019
A new survey has revealed a "startling knowledge gap" in super, with close to half of Australian students knowing little to nothing about superannuation. Student Super's survey also found that 42% percent of the polled students were unsure about ...

KPMG hires legal services partner

KANIKA SOOD  |  TUESDAY, 8 JAN 2019
... superannuation funds. Samantha Brewer joined KPMG as a transaction services partner as a part of KPMG's deals, tax and legal division. For the last 12 years she worked across Macquarie's infrastructure and specialised investment products including ...

FASEA reforms see ASIC register swell

JAMIE WILLIAMSON  |  TUESDAY, 8 JAN 2019
... management. It has been widely reported this week that more than 20 financial advisers from Macquarie's private wealth division moved elsewhere at the end of 2018. The ASIC FAR shows a further 29 Macquarie advisers ceased in the last month. Rainmaker ...