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22 February 2016 • By Tim Stewart • 1 min read

Bank culture toxic for asset managers: Henderson

Bank-owned asset managers will never be as successful as independently run investment houses, says Henderson Global Investors' chief executive

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Perpetual LIC delivers 6.7% in first half

Perpetual's listed investment company has reported a portfolio performance of 6.7 per cent for the six months to 31 December 2015. For the six ...

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BT appoints general manager, insurance

BT Financial Group has named Sue Houghton as the new general manager of insurance, replacing David Lees who moved to Westpac in late 2015

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Australian Unity buys government home care service

Australian Unity is now one of Australia’s largest home care providers after successfully acquiring a key government care division in a $114 million ...

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KPMG appoints new director to wealth advisory arm

KPMG has appointed a new director to its wealth management and superannuation advisory business. David Bardsley has been named by KPMG as a ...

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Lleyton Hewitt fronts industry funds campaign

The industry superannuation fund sector has officially launched its marketing campaign centred on recently retired Australian tennis star Lleyton ...

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NAB group executive for finance resigns

The National Australia Bank’s group executive finance and strategy has resigned after less than three years in the role. NAB group executive ...

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Banks ready for high-yield bust: Payden & Rygel

The inevitable shake-up of the US high-yield energy sector will have knock-on effects, but it won't bring down the well-capitalised global banking ...

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Magellan first half profit up 41%

Magellan has announced a first half net profit after tax of $109.3 million, with average funds under management up 44 per cent to $38.8 ...

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Productivity Commission to tackle default super

The government has released the terms of reference for the Productivity Commission's review into the efficiency of the default superannuation system

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