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Showing 1241 - 1250 of 3401 results for "Revenue"

Zurich chief to depart, successor named

ELIZABETH MCARTHUR  |  MONDAY, 12 AUG 2019
... chief executive for Asia Pacific Jack Howell said: "Our Australian life insurance operations are now our largest regional revenue contributor and underpin our growth aspirations throughout Asia Pacific." He said Delaney joins a business that is true ...

Advisers to bear brunt of AMP failings

JAMIE WILLIAMSON  |  FRIDAY, 9 AUG 2019
... historic BOLR agreements, specifically targeting those advisers with contracts entitling them to a multiple of 4x recurring revenue. According to numerous sources, AMP has been investigating these firms with the aim of uncovering past compliance indiscretions. ...

FASEA exam results spark debate

ELIZABETH MCARTHUR  |  FRIDAY, 9 AUG 2019
... passing an exam which included ethics. Raftery called the exam a "pointless exercise". He went so far as to say: "Purely a revenue raiser. Follow the money trail." Director of Cooper Wealth Management Felicity Cooper responded to Raftery, saying: "I'm ...

Platinum funds leak over $100m

KANIKA SOOD  |  THURSDAY, 8 AUG 2019
... admitting new active ETFs that use internal market making. Platinum's half year results to December 31 showed total revenue fell 28.49% and profit fell 37.71%.

AMP profits dive, chief pay restructured

ELIZABETH MCARTHUR  |  THURSDAY, 8 AUG 2019
... cessation of internal distribution arrangements between advice and the Australian wealth protection businesses drove a revenue decrease of $40 million to just $17 million. This half's results were also impacted by Buyer of Last Resort arrangements. AMP ...

Pinnacle profits up 32%

KANIKA SOOD  |  TUESDAY, 6 AUG 2019
... flows were at other boutiques but there is a strong pipeline of prospects going into FY20, it said in company filings. Fee revenue Base management fees grew by 47.4% over the previous financial year as the funds under management swelled but performance ...

London Stock Exchange in talks to buy Refinitiv

KRISTI CHENG  |  TUESDAY, 30 JUL 2019
... 45% stake in Refinitiv, a global provider of financial markets data and infrastructure that generated $6.3 billion in revenue last year. If the deal goes ahead, the LSE and Refinitiv would together be the largest listed global financial markets infrastructure ...

IOOF rejigs CRO role, appoints successor

KARREN VERGARA  |  FRIDAY, 26 JUL 2019
... practice departed, however Mota said the firm left with $1.3 billion of FUA which had an "insignificant impact on licensee revenue". IOOF took full legal ownership of dealer groups RI Advice, Millennium3, Financial Services Partners and Elders Financial ...

Radar Results hires Queensland manager

KARREN VERGARA  |  WEDNESDAY, 24 JUL 2019
... valuation gap between high-quality financial advice practices and conventional businesses has moved from 0.5 times recurring revenue to 1.5 times recurring revenue. In the past, the gap has been about 0.5 times recurring revenue. However, over the past ...

AMP Capital revamps ethical super funds

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 JUL 2019
... public." As part of the updates, the fund has enhanced its investment screen in regards to fossil fuels to reduce the revenue companies can make from fossil fuels including mining thermal coal and brown coal power generation from 20% to 10%. The fund ...