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Showing 111 - 120 of 1902 results for "North"

Ending the super wars: Government acts to legislate an objective

ANDREW MCKEAN  |  MONDAY, 20 FEB 2023
... Australians as possible. "Legislating super's objective will change that because for the first time we'll have a true north - a shared goal that we can work towards together." Chalmers added that the new objective doesn't preclude super funds ...

Adviser pay, incentives disparity revealed

KARREN VERGARA  |  FRIDAY, 17 FEB 2023
Experienced financial advisers working across major cities are earning as much as $150,000 per year, significantly more than their counterparts in smaller and regional hubs. According to consulting firm Business Health, which canvassed nearly 100 advice ...

AMP profits, declares first dividend since 2019

JAMIE WILLIAMSON  |  THURSDAY, 16 FEB 2023
... trust and advice, reported NPAT of $50 million - down $39 million year on year. AMP said this was reflective of repricing in North and Master Trust to attract and retain clients. AMP said the transformation of its advice business is continuing to progress ...

bfinance completes management buyout

CHLOE WALKER  |  WEDNESDAY, 15 FEB 2023
... engagements for investors outside Europe, compared with 39% in 2018. "The shift has been led by growing client bases in North America, the Middle East and Africa, Asia and Australia," it said. Commenting on the buyout, bfinance chief executive David ...

Fiducian expands adviser base, increases FUA

KARREN VERGARA  |  MONDAY, 13 FEB 2023
Fiducian saw the number of its financial advisers grow from 66 to 84 representatives in the second half of 2022 and flagged that another five franchises are in the process of joining the fold. Releasing its half-year report on the ASX this morning ...

Assets under custody stagnant: Data

CASSANDRA BALDINI  |  FRIDAY, 10 FEB 2023
Total assets under custody in Australia have seen marginal growth in the six months to December end, however they've barely budged since last year. The latest data from the Australian Custodial Services Association (ACSA) showed total assets under custody ...

Sun Venture makes first purchase down under

CHLOE WALKER  |  FRIDAY, 10 FEB 2023
The Singaporean investment giant has acquired 50 Miller Street in North Sydney for $148 million, following an expressions of interest campaign in Q3 of last year. The 10-storey block, previously owned by Sydney-based investment manager Sumner Capital ...

Private equity still hot: State Street

CHLOE WALKER  |  TUESDAY, 7 FEB 2023
... institutional investors, including traditional asset managers, private equity managers, insurance companies and asset owners across North America, Latin America, Europe, and Asia Pacific. Making up 10% of the total sample, 47 of these respondents were ...

Grollo Group buys Mt Hotham airport

CHLOE WALKER  |  TUESDAY, 31 JAN 2023
Melbourne's Grollo family has acquired Mt Hotham airport in Northern Victoria for over $6 million. Constructed in 1999 at an elevation of 4300 feet, Mt Hotham is the highest commercial airport in Australia, located a short drive from both the Mt ...

Aware Super's Intermodal Terminal Company to build $400m terminal

ANDREW MCKEAN  |  MONDAY, 30 JAN 2023
... plans to build and operate a $400 million terminal to unlock Australia's supply chain. The planned terminal in Melbourne's north, set to be completed in 2025, will be Australia's largest intermodal terminal. ITC founder and chief executive Mishkel Maharaj ...