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Showing 1261 - 1270 of 3401 results for "Revenue"

Consolidation hits super fund administrators

KARREN VERGARA  |  FRIDAY, 31 MAY 2019
... its super fund business is "performing below expectations." Superannuation clients comprise 7.5% of the group's FY19 revenue. Combined Super Fund terminated its contract with Mainstream last September, after it merged Prime Super Fund. Mainstream's ...

Life insurers post strong March quarter

KANIKA SOOD  |  FRIDAY, 31 MAY 2019
... markets in the most recent quarter (e.g. a 9.5% rise in ASX 200), which positively impacted life insurers' investment revenue, along with a discrete write-off of goodwill that negatively affected the results of the preceding quarter," APRA said in the ...

Melbourne advisory launches MDA

HARRISON WORLEY  |  THURSDAY, 30 MAY 2019
... to them in full. "Strategic Wealth has chosen to be solely remunerated through advice fees - we do not share in the MDA revenue. All up, we think, this is an outstanding offer for clients." Philo chief executive Brett Sanders noted the collaboration ...

Bank appoints new chair

KANIKA SOOD  |  WEDNESDAY, 29 MAY 2019
Bank of Queensland has announced a new chairman elect, with the incumbent set to retire after six years in the role. Roger Davis will retire as chair following BOQ's full year results in October 2019 and will leave the board. BOQ has appointed Patrick ...

Financial tech firm refocuses strategy

ELIZABETH MCARTHUR  |  WEDNESDAY, 29 MAY 2019
... Intiger said. The tech firm insists it met or exceeded all the relevant benchmarks of the program. Without the anticipated revenue from the commercial arrangement, Intiger said it is unsustainable to continue with its current structure and level of resources. ...

Former Vanguard broking and wealth expert joins Bell Direct

KARREN VERGARA  |  MONDAY, 27 MAY 2019
... of ASX-listed stockbroking, investment and financial advisory firm Bell Financial Group. Latest earnings results show revenue increased 7% to $220 million in the full year to December 2018.

New Perennial small caps active ETF

KANIKA SOOD  |  FRIDAY, 24 MAY 2019
... IMPQ will hold between 20 and 70 Australian/New Zealand stocks and exclude companies that derive more than 10% of their revenue from fossil fuels, alcohol, tobacco, weapons, forestry activities, gambling, modern slavery and unhealthy fast foods. "Sustainable ...

Chief economist update: It'll hurt me more than it hurts you

BENJAMIN ONG  |  FRIDAY, 24 MAY 2019
If very, very recent history is any guide, US President Donald Trump would soon be tempering his trade war tweets versus China. Trump did so early this year - prompting financial markets and economic and business agents to expect that a trade deal is ...

Hard times ahead for platforms

KANIKA SOOD  |  THURSDAY, 23 MAY 2019
... aid solution - they may ease outflows, however these moves could ultimately exacerbate legacy/contemporary shifts and revenue pressures." Platform fee pressure has accelerated by 8% CAGR over the last four years with admin fees going down to 57bps, 45bps ...

Centuria acquires fund manager

HARRISON WORLEY  |  TUESDAY, 21 MAY 2019
Centuria Capital is expanding its remit, acquiring more than 63% of a specialist fund manager and launching a new entity. The investment manager has poured more than $24 million into specialist healthcare property fund manager Heathley Limited and its ...