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Showing 9511 - 9520 of 18276 results for "Plan"

TOWER announces $70 million special dividend

JAMES FERNYHOUGH  |  TUESDAY, 17 SEP 2013
... return a total of $114.5 million to shareholders "as and when was appropriate". "We continue to review our capital management plan following the issue of full insurance licences for our general insurance and retained life insurance businesses," Hancock ...

ASIC questions SMSF advice in proposed guidance

LAURA MILLAN  |  MONDAY, 16 SEP 2013
The Australian Securities and Investments Commissions (ASIC) has called into question the quality of advice given to self-managed superannuation funds (SMSF) investors in proposed guidance the regulator released today. "There is a need to improve the ...

UBS Australasia head steps down

MARK SMITH  |  MONDAY, 16 SEP 2013
Head of UBS Global Asset Management for Australasia Ben Heap has stepped down from his position after three years. Former UBS head of wholesale for Australasia Bryce Doherty has been appointed as his replacement. Heap oversaw the acquisition and integration ...

AXA fined for poor advice in the UK

LAURA MILLAN  |  MONDAY, 16 SEP 2013
The UK Financial Conduct Authority (FCA) has imposed AXA a financial penalty for giving poor investment advice to NAB-owned banks in the UK. AXA will have to pay a fine of more than A$3 million to customers of NAB-owned Clydesdale Bank and Yorkshire ...

Market Wrap AM

AAP  |  MONDAY, 16 SEP 2013
The Australian market looks set to open higher after Wall Street made modest gains despite a mediocre retail sales report and a disappointing read on consumer sentiment. At 0805 AEST on Monday, the September share price index futures contract was up ...

Netwealth Advice set for growth after business restructure

LAURA MILLAN  |  FRIDAY, 13 SEP 2013
Netwealth advice business is undergoing a major restructure that will pave the way for a "strong and sustained" growth over the next year, netwealth Advice Group head of Advice Simon Micallef said. The group currently has a total of 60 advisers across ...

NAB delays staff salary increases

LAURA MILLAN  |  FRIDAY, 13 SEP 2013
While ANZ, Commonwealth Bank and Westpac have recently agreed to improve employees' working conditions, National Australia Bank's (NAB's) answer to the Financial Services Union (FSU) demands was "mean and disappointing." The FSU said that NAB offered ...

BNP Paribas completes Nikko AM custody transfer

MARK SMITH  |  FRIDAY, 13 SEP 2013

Market Wrap AM

AAP  |  FRIDAY, 13 SEP 2013
... to 3,715.97. Dell shares were flat at $US13.85 after shareholders voted in favor of founder Michael Dell's $US25 billion plan to take the company private, after seven months battling investors like Carl Icahn demanding a better deal. Shares in Walt Disney ...

Insurance becomes concentrated, advisers reduce relationships

LAURA MILLAN  |  THURSDAY, 12 SEP 2013
Insurer relations with advisers are changing rapidly, with financial planners reducing the number of insurance providers and focusing on their most-used insurer for the premiums they write. A total of 56% of advisers have either stopped or reduced the ...