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Showing 1021 - 1030 of 11007 results for "Account"

AustralianSuper takes monster hit on Pluralsight

ANDREW MCKEAN  |  TUESDAY, 27 AUG 2024
AustralianSuper has written off its $1.1 billion investment in online education firm Pluralsight, following the company's restructuring. The superannuation giant invested in Pluralsight in 2021, as a co-underwriter with Vista Equity Partners, which ...

Sequoia ends FY24 with 350 advisers

KARREN VERGARA  |  TUESDAY, 27 AUG 2024
Sequoia Financial Group gained a net of 14 financial advisers to end up with about 350 representatives at the end of the 2024 financial year. Sequoia added 70 advisers to the stable but lost 56, most of whom were from "non-economic practices who closed ...

Short-termism damaging Australian economy: CEDA

ELIZA BAVIN  |  TUESDAY, 27 AUG 2024
Australia must move beyond pervasive short-termism and lift its policy ambitions if the nation is to reach its economic potential, according to the Committee for Economic Development of Australia (CEDA). "Our record of almost three decades of economic ...

AET boosts Equity Trustees' FY24 performance

KARREN VERGARA  |  FRIDAY, 23 AUG 2024
... governance and trustee services under TWS, reaching $99 million in FY24. Corporate and superannuation trustee services account for 41% of revenue at $72 million. EQT's statutory net profit after tax was up 10% to $20.7 million. Funds under management ...

IMAP names award winners for 2024

MATTHEW WAI  |  FRIDAY, 23 AUG 2024
The Institute of Managed Account Professionals (IMAP) presented its annual awards overnight, shining a spotlight on some of the best in managed accounts. The awards recognised companies across nine categories, with a few standing out for their consecutive ...

ANZ hit with $250m capital penalty

ELIZA BAVIN  |  FRIDAY, 23 AUG 2024
The Australian Prudential Regulation Authority (APRA) has increased the capital add-on applied to ANZ to $750 million in response to heightened concerns about the bank's non-financial risk management practices. APRA said it has longstanding concerns ...

Centrepoint profit jumps, grows advisers

ELIZA BAVIN  |  THURSDAY, 22 AUG 2024
Centrepoint Alliance has reported a 20% increase in EBITDA for FY24 of $9.1 million and NPAT of $7.8 million, up $1.5 million from FY23. Gross revenue across the network of licensed financial advisers and self-licensed firms increased by 6% to $288 ...

State Street partners with Taurus to expand digital asset services

MATTHEW WAI  |  WEDNESDAY, 21 AUG 2024
State Street Corporation announced a strategic agreement with Taurus, a digital asset platform, to deliver new digital asset capabilities to State Street Bank and institutional investors. The agreement will add tokenisation and digital custody services ...

Former BBY employee sentenced for 'dishonest conduct'

MATTHEW WAI  |  WEDNESDAY, 21 AUG 2024
... various roles at BBY, was convicted of instructing the transfer of $6.8 million out of BBY's Futures client segregated account to fund a margin payment owed to ASX Clear in June 2014. Similarly, in March 2015, she caused the transfer of $1.6 million ...

Bennelong, Leadenhall launch ILS fund

KARREN VERGARA  |  TUESDAY, 20 AUG 2024
Leadenhall Capital Partners' insurance-linked securities (ILS) product, as distributed by Bennelong Funds Management, is now available to institutional investors. The LCP Insurance Linked Securities Fund targets institutional investors in Australia ...