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Showing 1371 - 1380 of 18754 results for "ACT"

Iress posts strong profit rebound, completes transformation program

ANDREW MCKEAN  |  MONDAY, 24 FEB 2025
Iress has reported a statutory net profit after tax (NPAT) of $88.7 million for the 2024 financial year, a $226.2 million turnaround from the previous year's loss, while also announcing the completion of its transformation program. The financial software ...

Cost-of-living continues to rock retirement confidence

MATTHEW WAI  |  MONDAY, 24 FEB 2025
Research by Colonial First State (CFS) finds Australians have adjusted their retirement expectations in the last 12 months to a more modest outlook, with cost-of-living pressures being the main cause. Based on a national survey of 2250 Australians ...

SelfWealth juggles takeover bids

MATTHEW WAI  |  FRIDAY, 21 FEB 2025
SelfWealth, the online trading platform, has provided an update as to the bidding war between Bell Financial Group (BFG) and Svava. In the latest turn of events, SelfWealth said it is "actively engaging" with Svava's proposal but reiterated that there ...

Multiple account bungle costs AustralianSuper $27m

KARREN VERGARA  |  FRIDAY, 21 FEB 2025
... admitted that, between 1 July 2013 and 19 June 2022, it failed to have adequate policies and procedures to identify members and act on the issue. In that period, there were 90,788 affected members who incurred about $69 million in losses from multiple ...

SMSF Association names annual award winners

MATTHEW WAI  |  FRIDAY, 21 FEB 2025
... Hepburn-Rogers to receive the recognition. "No one better fits that description than Brooke, the founder and director of the ACT-based Foxton Financial, who had more than 22 years' experience in the sector..., and always a strong advocate of our association," ...

Alpencrest ramps up expansion, signs Aussie affiliate

KARREN VERGARA  |  FRIDAY, 21 FEB 2025
Alpencrest Capital, a funds management incubator focused on distribution, has signed up its fifth affiliate and expects to come to market with three unit trusts in five months' time. Read Price and Camilla Love set up Alpencrest 18 months ago and officially ...

ASFA acts to remove First Nations access issues

MATTHEW WAI  |  FRIDAY, 21 FEB 2025
... fund, complete paperwork efficiently and receive good, consistent service. "We have listened, we have learned, and now we act." She noted the reforms are not a simple task but "we owe it to them to get this right". "This is not about checking a box or ...

SMSF sector continues to grow

ELIZA BAVIN  |  FRIDAY, 21 FEB 2025
Self-managed super funds (SMSFs) traded more over the past year and the value of their holdings increased by 8.8%, according to the AUSIEX SMSF Under Advice report. The number of newly established SMSF trading accounts on the AUSIEX platform - across ...

Next decade could bring back the conservative portfolio

ELIZA BAVIN  |  FRIDAY, 21 FEB 2025
Australian Retirement Trust (ART) chief economist Brian Parker told the Financial Standard Chief Economist Forum that investors should be wary of the coming decade, with more volatility expected. "The last 10 to 20 years, we have seen a rising tide ...

Apex names country head and COO

ELIZABETH FRY  |  THURSDAY, 20 FEB 2025
Apex Group has expanded its Australian leadership team with two key appointments following its agreement to buy Iress's superannuation business. Nick Bradford has been named country head for Australia with Chris Stevens taking on the role of chief ...