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Showing 1151 - 1160 of 6746 results for "Profit"

Dealer service provider adds former MLC advice firm

KANIKA SOOD  |  WEDNESDAY, 2 DEC 2020
ClearView's LaVista Licensee Solutions is adding a former MLC Financial Planning firm. LaVista will provide licensee services to Sydney-based Investorplan. "I get a lot of confidence knowing that LaVista leverages the back-office resources and infrastructure ...

IOOF ups costs for self-employed advisers

ELIZA BAVIN  |  TUESDAY, 1 DEC 2020
... said the focus for the group is ensuring the self-licensed segment of the business is breaking-even before it aims for a profit, and part of that will mean increased costs to advisers. "We've been very vocal in our move to equalise the risk that the ...

Life insurance performance plummets

ANNABELLE DICKSON  |  FRIDAY, 27 NOV 2020
The life insurance industry has continued to take a hit to profit, with risk products reporting significant losses. The Australian Prudential Regulation Authority's (APRA) latest quarterly life insurance performance statistics paint a bleak picture ...

Serious financial crime drops significantly

ELIZA BAVIN  |  THURSDAY, 26 NOV 2020
The abundance of serious financial crime has dropped significantly from last year, according to AUSTRAC's Fintel Alliance operations report. In FY2018/19 15% of the group's operations were in relation to serious financial crime, with the FY2019/20 year ...

Zurich launches new fund

ANNABELLE DICKSON  |  THURSDAY, 26 NOV 2020
Zurich Investments has launched a new fund based on the structural changes that will change the way we live over the next decade. The Global Thematic Focus Fund will consist of three to six high conviction investment themes with a portfolio of 35 to ...

AIA under fire for coal holdings

ELIZA BAVIN  |  WEDNESDAY, 25 NOV 2020
... excludes companies manufacturing tobacco and cluster ammunition from its investment portfolio without any exceptions," the non-profit organisations said. "It is high time for the company to divest from all coal as well."

EQT wins endowment mandate

ANNABELLE DICKSON  |  WEDNESDAY, 25 NOV 2020
... chief executive Lisa Griffiths said the mandate was awarded due to EQT's expertise and depth of experience in the not-for-profit sector. EQT currently provides services on behalf of over 650 philanthropic trusts and for-purpose clients, with total charitable ...

ASFA adds board members

KARREN VERGARA  |  WEDNESDAY, 25 NOV 2020
... (Commonwealth Superannuation Corporation chief executive) and Deanne Stewart (Aware Super chief executive), who represent not-for-profit funds. Melinda Howes (BT Financial Group general manager of superannuation) and Kelly Power (Colonial First State ...

Retail superannuation funds grilled on member priorities

KARREN VERGARA  |  TUESDAY, 24 NOV 2020
... again cast doubt over retail superannuation funds' ability to put the best financial interests of members ahead of profit and shareholders. The most recent Standing Committee on Economics into super heard instances of ticket clipping and maximising ...

Chief economist update: Iron ore to reduce Aussie deficit

BENJAMIN ONG  |  TUESDAY, 24 NOV 2020
"I see trees of green, red roses too..." - Louis Armstrong It'll be peculiar to even be humming this immortal classic at a time when covid-19 continues to afflict most of the world. But the way it's going for this land down under, it wouldn't ...