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Showing 1091 - 1100 of 3401 results for "Revenue"

Raiz cuts costs, super increases

ALLY SELBY  |  TUESDAY, 28 APR 2020
... initiatives amount to approximately $1.2 million or 8% of the total cost base." Despite the COVID-19 pandemic, Raiz said its revenue from its micro investing platform increased by 118.5% compared to the same quarter last year to hit $2.2 million, with ...

Morningstar acquires global ESG ratings house

ALLY SELBY  |  FRIDAY, 24 APR 2020
Morningstar has acquired a $288 million global ESG ratings and research house, in a bid to empower investors to make meaningful investment decisions. Morningstar acquired a 40% stake in Sustainalytics in 2017, and will now purchase the remaining 60% ...

HUB24 net inflows up 72%

ALLY SELBY  |  WEDNESDAY, 22 APR 2020
... however, it said that FUA on the platform is not fully correlated to movements in equity markets. "FUA movements affect our revenue and the market movement impact experienced to date is expected to negatively impact administration fees and therefore ...

AIOFP launches fresh campaign, criticises FPA

ELIZABETH MCARTHUR  |  TUESDAY, 21 APR 2020
... the future. "Let's not be fooled by the latest softening by ASIC, they have only temporally stopped their grandfathered revenue cessation pressure on manufacturers and statement of advice related concessions due to the COVID-19 crises for politically ...

Should unused services on AFSLs be subject to ASIC levy?

KANIKA SOOD  |  FRIDAY, 17 APR 2020
... accounts and a unit trust. However, the plans did not pan out and for FY18 and FY19, the AFSL reported no activities or revenue and a small balance sheet. The next financial year, the revenues recommenced. Last January, the AFSL received an invoice from ...

BAS agents to give financial advice

ELIZABETH MCARTHUR  |  FRIDAY, 17 APR 2020
... in understanding these stimulus entitlements." The JobKeeper payment will allow businesses that have lost significant revenue as a result of COVID-19 and the subsequent lockdown measures to access up to $1500 a fortnight per employee. Financial advisers ...

Superannuation fund cuts pay in C-suite

KANIKA SOOD  |  TUESDAY, 14 APR 2020
... through the COVID-19 pandemic," Cochlear chair Rick Holliday-Smith said. "Given the significant impact of COVID-19 to sales revenue, we believe a temporary reduction in pay to the board and senior management is an appropriate measure that helps share ...

COVID-19 damage to stretch several quarters: Natixis IM

ALLY SELBY  |  TUESDAY, 14 APR 2020
Despite global market rebounds, Natixis Investment Managers believes the economic damage of the COVID-19 pandemic will stretch several quarters beyond the containment of the virus. There are now nearly two million confirmed cases of the coronavirus ...

Morningstar releases time saving tool amid crisis

ALLY SELBY  |  THURSDAY, 9 APR 2020
... help advisers reclaim time lost on administrative tasks, so they can focus instead on engaging new clients and growing revenue. Morningstar's financial planning software AdviserLogic will now feature a digital Statement of Advice (SoA) module, which ...

FPA launches benchmarking tool

ALLY SELBY  |  WEDNESDAY, 8 APR 2020
... clearly identify the strengths and weaknesses of their businesses, the FPA said, focusing on five key areas, as well as revenue growth and profit margins. These include risk and compliance, efficiency and technology adoption, aspirations, differentiation ...