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Showing 1041 - 1050 of 6745 results for "Profit"

Challenger to change annuity pricing

KANIKA SOOD  |  TUESDAY, 20 APR 2021
... MS Primary sales ($79 million). Sales of other products were $847 million. "Challenger reaffirms its FY21 normalised net profit before tax guidance, however, now expects to be at the bottom end of the $390 million and $440 million guidance range," CGF ...

Chief economist update: Australians all let us rejoice

BENJAMIN ONG  |  FRIDAY, 16 APR 2021
Australia is back! Back on track after its economy was cruelly interrupted by the COVID-19 pandemic. This space had been ranting about the virtuous cycle that had been circling around the nation since activity and business and consumer sentiment indicators ...

How advisers can capture young risk clients

KARREN VERGARA  |  WEDNESDAY, 14 APR 2021
A new report finds that it is possible for financial advisers to attract young clients and convince them about the benefits of advice and life insurance using new strategies. Integrity Life's The fight for future markets report upends the notion ...

Chief economist update: Australia's confidence contagion

BENJAMIN ONG  |  WEDNESDAY, 14 APR 2021
Australia may not be "at the front of the queue for a safe and effective vaccine" (as Morrison declared back in November 2020) but it's certainly leading much of the world in containing the virus and strengthening economic recovery. This was the ...

Goldsky director charged

ELIZABETH MCARTHUR  |  TUESDAY, 13 APR 2021
The founder of Goldsky Investments has been charged with engaging in dishonest conduct and operating a financial services business without a licence. Kenneth Charles Grace was charged with eight counts of dishonest conduct and one of operating a financial ...

Credit Suisse confirms multibillion-dollar loss

JAMIE WILLIAMSON  |  WEDNESDAY, 7 APR 2021
Credit Suisse has announced the departure of several senior staff members while confirming a $6.13 billion loss, reportedly linked to the collapse of family office Archegos Capital. Credit Suisse said it expects to incur a pre-tax Q1 loss of $1.25 billion ...

Praemium expands distribution footprint

KARREN VERGARA  |  TUESDAY, 6 APR 2021
... jump in funds under administration to $34.3 billion for its Australian platform for the half-year to December 2020. Net-profit after tax grew 113% to $3 million following the acquisition of Powerwrap. Investment Trends' latest platform survey found ...

Count snaps up three former MLC firms

ELIZABETH MCARTHUR  |  THURSDAY, 1 APR 2021
Three former MLC firms are joining Count Financial, as its network of financial advice businesses continues to expand. It comes after four former IOOF firms joined Count on March 17. The three former MLC firms joining Count are: Sapphire Coast Financial ...

Mercer adds investment, superannuation experts

JAMIE WILLIAMSON  |  TUESDAY, 30 MAR 2021
... years at MLC and remains as a member of MLC's private equity investment committee. She is also deputy chair of non-profit Taldumande Youth Services. Joining the board alongside Gosling is Alice Williams, who is currently chair of the investment committee ...

K2 Asset Management co-founder exits board

KANIKA SOOD  |  MONDAY, 29 MAR 2021
... Management had $1.2 billion in total funds under management or advice at December end, and reported $21,149 in after-tax profit.