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Superannuation

St Andrew's grows in leaps and bounds

HAMISH MADDEN  |  FRIDAY, 18 AUG 2006
HBOS Australia's wealth and insurance business St Andrew's Australia reported a 95 per cent increase in revenue with profits up 147 per cent on last year's bottom line.

Fortia builds on experience

HAMISH MADDEN  |  THURSDAY, 17 AUG 2006
Boutique property fund manager Fortia Funds Management has announced the addition of a new director to help drive its development ambitions.

HFA goes from strength to stronger profits

Absolute return fund manager HFA Holdings has announced a better than expected set of numbers in its first year as a public company, with shareholders enjoying healthy share price appreciation.

Symantec turns compliance into revenue

As the financial services industry continues to grapple with rising compliance-related spend, software giant Symantec has announced plans to develop IT solutions that will turn what is traditionally a cost burden into a profit-generating investment.

Perpetual profits roll on with product roll-outs

Listed fund manager Perpetual has boosted operating profits by 13 per cent after tax for the 2006 financial year to $131.5 million and has announced a dividend up 25 per cent on the previous year.

Super changes drive up bottom line: Rice Walker

KATE HAGE  |  THURSDAY, 17 AUG 2006
Rice Walker Actuaries believes that recent proposed changes to the superannuation industry being pushed through by the Howard Government will drive accumulated assets up 16 per cent above previous estimates by the year 2020.

Simpler super will promote savings: Dutton

ALEX DUNNIN  |  WEDNESDAY, 16 AUG 2006
Simplifying our superannuation system, and keeping it simple, will make it easier for people to engage with their super, boosting confidence and promoting savings.

BT Wrap blasts through $25bn

HAMISH MADDEN  |  WEDNESDAY, 16 AUG 2006
BT Financial Group has announced a huge 39 per cent hike in funds under administration for its BT Wrap, taking the headline figure to $25 billion.

Big gaps in performance between managers

KATE HAGE  |  WEDNESDAY, 16 AUG 2006
Morningstar's league tables for the year ending 30 June 2006 showed strong performances, but a wide spread, in large cap managers, while value managers continued to struggle.

A man is not a financial plan: MASU

A small financial services outfit, MASU group, is leading the charge in providing women with education on matters close to the heart and the hip pocket.