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Showing 9701 - 9710 of 20558 results for "BEN"

Market Wrap AM

AAP  |  FRIDAY, 27 FEB 2015
The Australian stock market looks set to open higher after a mixed night in overseas markets. At 0652 AEDT on Friday, the March share price index futures contract was up seven points at 5,885. The Dow Jones index was down 0.2 per cent going into the ...

Super not "a top-up" for Age Pension: FSC

LAURA MILLAN  |  THURSDAY, 26 FEB 2015
Superannuation should no longer be considered "a top-up" for the Age Pension and the tax treatment of super debate can't be brought up in isolation, the Financial Services Council (FSC) chief executive Sally Loane said in her inaugural speech. "The ...

Altair AM signs equity mandates

MICHELLE BALTAZAR  |  THURSDAY, 26 FEB 2015
It is understood that high-conviction Australian equities fund manager Altair Asset Management signed a $30 million managed accounts mandate with a financial planning group in December and an Australian equities mandate with an undisclosed industry ...

SFG acquisition boosts IOOF growth

LAURA MILLAN  |  THURSDAY, 26 FEB 2015
IOOF Holdings has reported a record half year growth, following the acquisition of SFG Australia. Underlying net profit after tax pre-amortisation was $80.6 million for the six months to 31 December 2014, with SFG contributing $16.3 million to the result. ...

A little tweet told me

BENJAMIN ONG  |  THURSDAY, 26 FEB 2015
"Profit is sweet, even if it comes from deception." -Sophocles Breakfast wasn't nice for me yesterday. Nah, Virginia, it wasn't because the toast was burnt or the bacon and eggs semi-cooked. It's because I was eating my own words with my foot in my ...

Market Wrap AM

AAP  |  THURSDAY, 26 FEB 2015
The Australian market looks set to open lower following falls on Wall Street which dipped from record highs following mixed earnings reports. At 0840 AEDT on Thursday, the March share price index futures contract was down 19 points at 5,903. In local ...

China easing a tailwind for A-share market

LAURA MILLAN  |  WEDNESDAY, 25 FEB 2015
The People's Bank of China monetary easing policies have resulted in liquidity pouring mainly into the A-share market, J.P. Morgan emerging markets equity managing director George J. Iwanicki learned in a recent trip to the country. A-shares are shares ...

Exchange tradeable version of Magellan Global Fund announced

MARK SMITH  |  WEDNESDAY, 25 FEB 2015
International equity manager Magellan Financial Group is launching an ASX-quoted version of its Magellan Global Fund. The new Magellan Global Equities Fund will be quoted on the ASX AQUA platform on 5 March 2015 under the ticker MGE. The fund is one ...

ClearView surpasses 200 adviser milestone after merger

LAURA MILLAN  |  WEDNESDAY, 25 FEB 2015
ClearView reported having 216 financial advisers under its license, following the merger with Matrix Planning Solutions in October. ClearView's net profit after tax was $9.9 million for the six months to December 2014, which represents a 9% growth from ...

Tightening of super tax concessions far from guaranteed

MARK SMITH  |  WEDNESDAY, 25 FEB 2015
Treasury's Rob Heferen has said that while media reports and industry stakeholders seem convinced a government raid on super tax concessions is on the horizon, that outcome is far from guaranteed. Treasury's recent tax expenditure statement showed that ...