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Showing 9931 - 9940 of 15807 results for "TER"

NZ Super posts record annual return

LAURA MILLAN  |  WEDNESDAY, 28 AUG 2013
The New Zealand Superannuation Fund has posted a record return of 25.8% in the 12 months to June 20, 2013. The fund is now worth $23 billion, $4 billion more than a year ago, when it was worth $19 billion. NZ Super previous highest annual return was ...

Bowen and Cormann at odds over adviser enshrinement

LAURA MILLAN  |  TUESDAY, 27 AUG 2013
The debate around the enshrinement of the term 'financial planner' has revealed division between Treasurer Chris Bowen and shadow Minister for Financial Services and Superannuation Mathias Cormann. "An important priority for a re-elected Rudd Labor ...

Global uncertainty provides opportunities in retail property

MARK SMITH  |  TUESDAY, 27 AUG 2013
Domestic economy uncertainty has created value opportunities in the local listed commercial property sector, but investors should diversify their exposures by investing in funds that get a portion of their earnings from overseas, according to Principal ...

Xpress Super adds direct property to SMSF platform

JAMES FERNYHOUGH  |  TUESDAY, 27 AUG 2013
Self-managed superannuation fund (SMSF) platform provider Xpress Super has added direct property to its suite of investments. The new option will allow SMSF trustees to access limited recourse borrowing arrangements (LRBAs) through two lenders, St George ...

ClearView reports 92% drop in profits

JAMES FERNYHOUGH  |  TUESDAY, 27 AUG 2013
Financial planning dealer group ClearView has reported a 92% drop in profits from last year, with net profit after tax (NPAT) of $1.9 million. This compares to NPAT of $22.3 million last year. Clearview also saw a drop in underlying NPAT, putting the ...

CFSGAM issues its first SIV product

LAURA MILLAN  |  MONDAY, 26 AUG 2013
Colonial First State Global Asset Management (CFSGAM) has launched its first investment option compliant with the Department of Immigration Significant Investor Visa (SIV) requirements in Australia. The Colonial First State Wholesale Sovereign Australian ...

AMPFP not relevant without future growth

MARK SMITH  |  MONDAY, 26 AUG 2013
AMP Financial Planning (AMPFP) is set to continue its adviser recruitment drive on the back of year of planner number growth, according to managing director Michael Guggenheimer. Earlier this month AMP reported 1.2% uptick in planner headcount to 30 ...

Reporting season reveals insurance black spots

MARK SMITH  |  MONDAY, 26 AUG 2013
A spike in lapse rates and an increasing number of people claiming total and permanent disability (TPD) may lead to an overhaul of products and a surge in premiums some senior industry professionals think. The current reporting season reveals that many ...

Product Dashboard could spook risk-averse members

JAMES FERNYHOUGH  |  FRIDAY, 23 AUG 2013
Increased data reporting on the Product Dashboard could see risk-averse members making overly cautious and ultimately self-defeating investment decisions, according to Tom Garcia, chief executive of the Australian Institute of Superannuation Trustees ...

WealthSure faces restructure after Court case

LAURA MILLAN  |  FRIDAY, 23 AUG 2013
Perth-based WealthSure has terminated 90 authorised representatives following a Federal Court case against the group and the appointment of a new chief executive. A Federal Court document revealed that WealthSure chief executive Darren Pawski has been ...