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Showing 1371 - 1380 of 3403 results for "Revenue"

Scale integral to adviser success

JAMIE WILLIAMSON  |  TUESDAY, 9 OCT 2018
... to a partnership, where advice businesses share costs but retain high-level autonomy and responsibility for their own revenue, Fortnum said. As such, the traditional role of the licensee will need to change to one that is focused on expanding the advice ...

ANZ compensation bill hits earnings

KARREN VERGARA  |  MONDAY, 8 OCT 2018
... reviews to date and such reviews remain ongoing, ANZ said in a statement. About 57% relates to customer refunds impacting revenue, with the balance relating to remediation costs recorded as an expense. The total remediation charge is split approximately ...

KKR offers $2.6b to acquire MYOB

KANIKA SOOD  |  MONDAY, 8 OCT 2018
... company filings. MYOB has a market cap of about $1.7 billion. In the first half of the year, it generated $218 million in revenue with an NPAT of $25 million. MYOB has appointed UBS as financial adviser and Clayton Utz as legal adviser. The stock jumped ...

Managed accounts provider ramps up tech strategy

KARREN VERGARA  |  FRIDAY, 5 OCT 2018
... results show the acquisition of Linear dragged the group's earnings into the red. While funds under administration and revenue shot up thanks to the merger, MGP reported a $2.5 million loss after making a profit of $700,000 in FY17. The loss was driven ...

Sargon grows executive lineup, launches fintech solutions

JAMIE WILLIAMSON  |  TUESDAY, 2 OCT 2018
... assist with the launch and success of Sargon's new fintech offerings, Sargon Impact and Sargon Arcadia. "Sargon Impact puts revenue, growth and data at the centre of their clients' operations. Sargon Arcadia delivers efficient compliance through an intelligent ...

Macquarie chiefs embroiled in German investigation

HARRISON WORLEY  |  FRIDAY, 28 SEP 2018
... withholding tax credits. Macquarie said the investors' credit claims were "refused and there was no loss to the German revenue." The Cologne Prosecutor's Office (CPO) is also investigating a transaction. As a result of the investigation, the group said ...

MSCI launches tobacco exclusion indexes

HARRISON WORLEY  |  THURSDAY, 27 SEP 2018
... indexes exclude all companies classified as producers of tobacco, and also excludes companies deriving 5% or more aggregate revenue from distribution, retail and supply of tobacco related products. The firm said Ex-Tobacco Involvement indexes would become ...

S&P Dow Jones partners with pension fund giant

KARREN VERGARA  |  WEDNESDAY, 26 SEP 2018
... risk/return profile similar to respective benchmarks. The indices adjust constituents' weighting according to relative carbon-to-revenue footprints, which are calculated by Trucost, an ESG analytics specialist. S&P Dow Jones Indices chief executive Alex ...

Charities losing $180m a year to gender pay gap

KANIKA SOOD  |  WEDNESDAY, 26 SEP 2018
... refund. And if they do, it is less than 1% of their income. The charity sector's expenditure has grown faster than the revenue, with charities spending roughly 11.6% more than 2015. More than half of their spending is employee costs. Telephone fundraising ...

AFA rejects criticism over grandfathered commissions

JAMIE WILLIAMSON  |  WEDNESDAY, 26 SEP 2018
The Association of Financial Advisers used a submission to the Royal Commission to hit back at suggestions the advice industry has not adequately responded to the prevalence of grandfathered commissions. Citing historic government media releases and ...