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VicSuper appoints teacher to board
STAFF WRITER  |  FRIDAY, 14 AUG 2015
VicSuper has a new member-representative director on its board. Joining the $15 billion superannuation fund is teacher Antoinette Masiero with experience in fields such as information technology, business analysis, accounting, and auditing - all across ...
Bell Financial profit grows to $5.7m
STAFF WRITER  |  WEDNESDAY, 12 AUG 2015
Bell Financial Group has boosted its profits for the half year to June 2015 to $5.7 million, from $759,000 during the same period last year. The company will distribute a dividend of 1.5 cents per share, compared to the 0.3 cents per share it delivered ...
Long term super fund returns approach record levels
STAFF WRITER  |  FRIDAY, 7 AUG 2015
SelectingSuper has released its final MySuper performance index for 2014/15 confirming that while fund returns dipped below double digit to 9.5% due the 4% fall in equity markets in June, three and five year returns are approaching record high levels. ...
AdviserLogic enlists Rice Warner for RiskLogic upgrade
STAFF WRITER  |  WEDNESDAY, 5 AUG 2015
... insurance industry for three decades, and we pride ourselves on the breadth, depth and accuracy of the insurance data. "Our staff has a depth of knowledge of retail insurance, group insurance and superannuation that allow us to keep at the forefront ...
Advisers looking to offer MDA services
STAFF WRITER  |  TUESDAY, 4 AUG 2015
Managed discretionary account (MDA) operator Managed Account Holdings Limited (MGP) has noted a significant increase in the MDA structure from advice firms. In a statement, it noted that ten new advice firms have signed an agreement with MGP this year ...
Executive appointment round-up
STAFF WRITER  |  FRIDAY, 31 JUL 2015
The biggest industry moves this week are AMP Capital appointing a new managing director and former Challenger chief executive Chris Cuffe becoming chair of Atrium Investment Management. AMP Capital appoints new MD - Adam Tindall, currently director ...
PM Capital global fund returns $50.3m
STAFF WRITER  |  FRIDAY, 31 JUL 2015
ASX-listed investment company PM Capital Global Opportunities Fund has reported a profit after tax of $50.3 million in its first full financial year result. Operating profit before tax for the year to 30 June 2015 was $71.5 million and earnings per ...
AMP Capital to invest in Garden City Shopping Centre
STAFF WRITER  |  FRIDAY, 31 JUL 2015
AMP Capital has lodged a development application with the City of Melville for the $750 million redevelopment and expansion of Perth's Garden City Shopping Centre. Garden City is owned by investors in the $4 billion AMP Capital Diversified Property ...
Citi launches fintech challenge
STAFF WRITER  |  THURSDAY, 30 JUL 2015
Citi is launching the Asia-Pacific Mobile Challenge, a competition for fintech developers to build mobile tools for Citi's digital platform. Australian developers will compete with others across the APAC region and will demonstrate their ideas at Citi-hosted ...
Netwealth launches first private label MA
STAFF WRITER  |  WEDNESDAY, 29 JUL 2015
Netwealth will provide GPS Wealth advisers and clients with access to its private label managed account service. GPS Wealth advisers are now able to access nine models, which collectively make up the care investment program. "Our group continues to ...
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