AMP Limited reports A$672 million net profit for FY 13

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AMP Limited has reported a net profit of A$672 million for the year to 31 December 2013, compared with A$689 million for FY 12. Underlying profit for FY 13 was

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Combating the number one threat to wealth management businesses

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Of all the threats to wealth management businesses a wrong hiring decision ranks at the front of the queue, as non-performing employees can soon become ‘the enemy within’ causing considerable

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Insurance Schmexperts

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Just as it seemed the life of a financial adviser would return to mind-numbing dullness after the FoFA brouhaha, the Experts Schmexperts have re-appeared with more great ideas.  What a

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Budget on track despite record monthly shortfall

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The federal budget was in deficit by $43.7 billion in 2011/12 or 3.0 per cent of GDP. At the time of the May 2012 budget the government projected a deficit

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Premium Wealth Management secures new advice firm

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Platinum Wealth Management has become the latest financial advice practice to join Premium Wealth Management 23 practice-strong dealer network.  Platinum’s group of companies has been in operation for almost 12

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Powerhouse partnership – Minchin Moore joins Securitor

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A powerhouse partnership emerges as Minchin Moore Private Wealth joins Securitor Matt Englund, Head of Dealer Groups at BT Financial Group today announced that Minchin Moore Private Wealth has joined

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ING to sell Australian investment management unit to UBS

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ING announced today that it has reached an agreement to sell its Australian investment management business to UBS. ING Investment Management Australia’s business provides a number of investment strategies and

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S&P Puts 15 ING Funds ‘On Hold’ following sale to UBS

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S&P Puts 15 ING Funds ‘On Hold’ Due To UBS Global Asset Management’s Intention To Acquire ING Investment Management (Australia) Standard & Poor’s Fund Services has placed 15 funds managed

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BNY Mellon Asset Management Names Alan Harden as CEO of Asia-Pacific

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BNY Mellon Asset Management Names Alan Harden as CEO of Asia-Pacific.  He will report to Curtis Arledge, vice chairman of BNY Mellon and chief executive officer of BNY Mellon’s Investment Management

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NAB Private Wealth tops private banking awards

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NAB Private Wealth was honoured last night at the Australian Private Banking Council 2011 Awards ceremony in Sydney. Private bankers from National Australia Bank won the categories of Outstanding Relationship

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