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Showing 111 - 120 of 6743 results for "Profit"

Two financial services directors fined $15k over reporting failures

MATTHEW WAI  |  TUESDAY, 25 NOV 2025
... two charges of aiding, abetting, counselling or procuring the firm to commit an offence; one offence was failure to lodge profit and loss statements and balance sheets (together, financial statements), with the second offence being the failure to lodge ...

Advisers want to boost client book by 36%: CFS

KARREN VERGARA  |  MONDAY, 24 NOV 2025
While financial advisers have marginally increased the number of clients on their books to 112 on average, they aspire to serve 36% more, a new Colonial First State (CFS) survey finds. Advisers on average have increased the number of clients served ...

PPS Mutual appoints head of distribution

KARREN VERGARA  |  MONDAY, 24 NOV 2025
... a true mutual, where members share directly in the success of the business. Joining at a time of record membership and profit-share pool is a great opportunity to strengthen adviser partnerships and help deliver even more value to members." PPS Mutual ...

Rest hires from AustralianSuper

ELIZABETH FRY  |  THURSDAY, 20 NOV 2025
... effective working relationships across different industries and jurisdictions," O'Neill added. "His familiarity with profit-to-member super funds and the regulatory environment we operate in is especially valuable." Before his four years with Australia's ...

Sequoia boasts of 'good governance' despite ASIC action

JAMIE WILLIAMSON  |  THURSDAY, 20 NOV 2025
... dropped by about 40%, while its market cap is now $27.19 million. In FY25 it generated $124 million in revenues and a net profit after tax of $3.2 million In all, it's alleged some $677 million was invested in Shield and First Guardian by InterPrac ...

ETF Shares reduces management fee

ELIZA BAVIN  |  WEDNESDAY, 19 NOV 2025
ETF Shares has reduced the management fee for its ETFS Magnificent 7+ ETF (ASX: HUGE), effective immediately. The management fee will be cut from 0.29% to 0.19%, with ETF Shares saying the move reinforced its commitment to delivering value for Australian ...

FNZ raises fresh capital for growth plans

RIDDHIMA TALWANI  |  THURSDAY, 13 NOV 2025
FNZ, the global wealth management platform, has secured US$650 million in new equity funding from institutional shareholders to support its long-term business plan. The investment comes from sophisticated investors, including La Caisse, Generation Investment ...

Perennial snaps up 50% of Balmoral, hands over microcap mandate

RIDDHIMA TALWANI  |  TUESDAY, 11 NOV 2025
Perennial Partners has acquired half of Balmoral Investors and chosen it to manage its Australian microcap strategy. Balmoral portfolio managers Wik Farwerck and Tim Canham will manage the combined funds of both asset managers, totaling more than $150 ...

Advice industry under strain amid crisis of inefficiencies: Elemnta

MATTHEW WAI  |  TUESDAY, 11 NOV 2025
... early results confirm that inefficiency has quietly become the largest cost centre in advice, as firms face far greater profit and practice burdens than we first thought," Green said. "The perception gap itself is alarming (the gap between what practices ...

HESTA, Vision Super divest Israeli securities

KARREN VERGARA  |  FRIDAY, 7 NOV 2025
... the OPT. "Human rights violations can also pose reputational and financial risks for companies -a concern even for purely profit-driven investors. Thousands of financial institutions worldwide rely on Morningstar Sustainalytics and MSCI data to guide ...