Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1001 - 1010 of 6745 results for "Profit"

JANA hires from Mercer

ANNABELLE DICKSON  |  TUESDAY, 15 JUN 2021
The $850 billion asset consultant has appointed a co-head of the not-for-profit client sector as demand grows, nabbing Mercer's Pacific client segment leader for endowments and foundations. Michael Maher joined Mercer in 2007 as an associate before ...

Licensee to acquire Sentry Group

KARREN VERGARA  |  TUESDAY, 15 JUN 2021
... value to WTL," WTL said. The Sentry acquisition is expected to help push revenues to over $70 million in FY22, while net profit after tax is slated to be more than $2 million. The acquisition is expected to complete on July 19. WTL was founded by managing ...

Super leaders recognised

ANNABELLE DICKSON  |  TUESDAY, 15 JUN 2021
... former chief executive of the Myer Family Company Graeme Sinclair's service to accountancy, business, and to the not-for-profit sector was highlighted. Sinclair was chief executive from 1973 to 2009 and is an independent director of Mirrabooka Investments ...

MLC Life appoints claims chief

KARREN VERGARA  |  THURSDAY, 10 JUN 2021
MLC Life Insurance has appointed its new chief claims officer, who left QBE after more than 16 years with the insurer. On August 16, Andrew Beevors will take on the role of chief claims officer, reporting directly to chief executive Rodney Cook. Beevors ...

Halifax auditors face criminal charges

ELIZABETH MCARTHUR  |  TUESDAY, 8 JUN 2021
... mentioned in Downing Centre Local Court today. ASIC has brought three charges against the auditor relating to the audits of the profit and loss statements and balance sheets of Halifax Investment Services. The regulator alleges Evett and his company ...

Cost of group insurance declines

KARREN VERGARA  |  TUESDAY, 8 JUN 2021
... premiums fell by 7% to a four-year low of $8.7 billion. The research, conducted over 10 years, also revealed that not-for-profit (NFP) superannuation funds have cut their premiums more aggressively than retail funds, meaning that retail fund members ...

Life Code Compliance Committee chair named

ANNABELLE DICKSON  |  TUESDAY, 8 JUN 2021
... and managing director of a management consultancy firm that provides advisory services across public, private and not for profit sector organisations. McClelland takes over from Anne Brown who completed her three-year appointment earlier this year. The ...

AIA executive joins MLC Life

ANNABELLE DICKSON  |  TUESDAY, 8 JUN 2021
AIA Australia's former head of deal completion has joined MLC Insurance as head of profitability and performance reporting. Piri Kularajah was at AIA for nearly two years and in his role was responsible for the completion of AIA's purchase of CommInsure ...

BlackRock rejigs Aussie shares fund

KANIKA SOOD  |  MONDAY, 7 JUN 2021
BlackRock is changing the name and fees for the BlackRock Concentrated Industrial Shares strategy. Effective June 1, the fund was renamed to BlackRock High Conviction Australian Equity Fund. The strategy has about $700 million in total assets, of which ...

Macquarie subsidiary to acquire REIT

KARREN VERGARA  |  MONDAY, 7 JUN 2021
... VTH's board urged shareholders to "vote in favour" of the proposal. In the half-year to December 2020, VTH reported a net profit of $23.7 million, nearly doubling the amount it made in the prior corresponding period. VTH traded at about 78 cents ...