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Showing 991 - 1000 of 2129 results for "Financial Year"

The pointy end of super regulation

ALEX BURKE  |  WEDNESDAY, 6 SEP 2017
... AIST chief executive Eva Scheerlinck said she "couldn't have timed her appointment better" given the "remarkable financial year for super fund returns". "Despite widespread fears, the wild cards of Brexit and a Trump election did not result in investment ...

Hedge fund takes over Slater and Gordon

ALEX BURKE  |  MONDAY, 4 SEP 2017
Hot on the heels of reporting a $546 million loss for the 2017 financial year, listed law firm Slater and Gordon is set to be taken over by a consortium of hedge funds. The consortium, led by Anchorage Capital, have committed to lending a further $50 ...

ASIC targets retirement products and services

KARREN VERGARA  |  MONDAY, 4 SEP 2017
... sector, ASIC will start the process of assessing the effectiveness of life insurance remuneration reforms this financial year. On 1 January 2019, it will gather data on the industry-led reform package using life insurance policies, remuneration, lapse ...

Implemented Portfolios hires for national expansion

JAMIE WILLIAMSON  |  MONDAY, 4 SEP 2017
... its adviser value proposition. Implemented Portfolios recorded a 35% increase in funds under management over last financial year to now total $640 million, while the number of accounts held grew by 30%. Kirk said that announcements regarding further ...

MainstreamBPO given green light for offshore acquisition

ALEX BURKE  |  MONDAY, 4 SEP 2017
... report, MainstreamBPO now serves 667 funds representing about $119 billion in assets, 35% higher than the previous financial year. The administrator has spent the past 12 months building its global distribution footprint; in addition to the Trinity transaction ...

Netwealth expands managed accounts offering

JAMIE WILLIAMSON  |  THURSDAY, 31 AUG 2017
... the growth reflected the success of its managed account and platform technology. "We've had a solid start to the financial year and this milestone marks an important and exciting time for our company. Over the past 12 months, we've seen our FUMA grow ...

Australian Unity milestones underscore 2017 growth

ALEX BURKE  |  THURSDAY, 31 AUG 2017
... business and a deal with the Queensland government - played a key role in Australian Unity's growth over the 2017 financial year, according to managing director Rohan Mead. In the group's annual report, Mead referred to the $1.1 billion redevelopment ...

Australian Ethical sees 34pct member surge

ALEX BURKE  |  THURSDAY, 31 AUG 2017
Australian Ethical enjoyed a 34% boost in superannuation members in the 2017 financial year, pushing group funds under management to $2.15 billion. Reporting a 3% decrease in net profit to $2.9 million, the super fund and investment manager said headline ...

Countplus searches for new CFO

KARREN VERGARA  |  THURSDAY, 31 AUG 2017
... CountPlus National Audits and CBC Financial Advisers. These four entities contributed a total net loss of $96k for the financial year end. Countplus chief executive Matthew Rowe said the firm's leadership, operating model, purpose and view of how it ...

CBA commits to bond-structured climate change solutions

EMMA RAPAPORT  |  WEDNESDAY, 30 AUG 2017
... partnership. The bank, who arranged $1.02 billion of climate bonds into the Australia medium term note market in the 2017 financial year, has partnered with the Climate Bonds Initiative to support its mission to mobilise the bond market for climate change ...