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Showing 1261 - 1270 of 2942 results for "L1 Group"

Managed accounts forum to address vertical integration, best practice

STAFF WRITER  |  FRIDAY, 24 AUG 2018
Leading managed account providers and financial planning groups will take centre stage at the annual Financial Standard Managed Accounts Forum to be held in Melbourne next month. More than 160 financial advisers and managed account specialists have ...

IRESS first half revenues up 8pct, wealth and lending lead

KANIKA SOOD  |  THURSDAY, 23 AUG 2018
IRESS group outstripped its 1H17 revenue by 8% to hit $230 million, led by the wealth and lending segments. Australia and New Zealand wealth management operating revenue totalled $67 million for the first half - up 9% on the previous corresponding period. ...

Cromwell operating profit up 3pct, trims distributions

KANIKA SOOD  |  THURSDAY, 23 AUG 2018
The $2.2 billion listed property manager has delivered an increase in operating profit of 3% as it continues with its strategy of capital management. Its statutory profit of $204 million was down 26.5% over FY17. However, its directors consider the ...

Charter Hall acquires $1.6bn property fund manager

KANIKA SOOD  |  WEDNESDAY, 22 AUG 2018
Australian property giant Charter Hall plans to pay $205 million in cash to acquire a fellow ASX-listed property fund manager with $1.6 billion under management. Charter Hall, a group which manages $23 billion, has announced plans to acquire Folkestone ...

TAL partners with mental health NFP

KARREN VERGARA  |  TUESDAY, 21 AUG 2018
TAL is joining forces with a not-for-profit organisation to help raise greater awareness on mental health issues affecting the younger generation. Orygen specialises in providing mental health research, clinical services, training and education for ...

AIOFP slams FASEA proposals, launches petition

KARREN VERGARA  |  MONDAY, 20 AUG 2018
The Association of Independently Owned Financial Professionals is urging all financial advisers to reunite and put an end to "repugnant" reforms proposed by the Financial Adviser Standards and Ethics Authority. The AIOFP announced it is taking a "politically ...

Pengana LIC profitable again

KANIKA SOOD  |  WEDNESDAY, 15 AUG 2018
Pengana's listed investment company posted solid profits for the financial year, springing back from last year's losses of $23 million. Pengana International Equities (PIA) raked in a total investment income of $40 million, up 260% over the ...

BNP Paribas product lead joins RBC

JAMIE WILLIAMSON  |  TUESDAY, 14 AUG 2018
RBC Investment and Treasury Services recently strengthened its Asia Pacific product team, creating a raft of new roles and recruiting from BNP Paribas Securities Services, BT Financial Group and State Street. RBC has appointed former BNP Paribas Security ...

Chief economist update: Emerging markets feel the heat as Turkey burns

BENJAMIN ONG  |  TUESDAY, 14 AUG 2018
Emerging markets continue to feel the heat from Turkey's roasting and so do several European countries. The European Central Bank (ECB) can only count its blessings that Turkey is not Greece. It has applied, but Turkey is not (yet) a member of the ...

IOOF executives dismiss conflicts of interest

KARREN VERGARA  |  FRIDAY, 10 AUG 2018
IOOF left some superannuation members in expensive legacy products despite board members recognising conflicts of interest existed in choosing to boost revenues over meeting "community expectations." The financial services Royal Commission continued ...