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| | ... decrease in profit was a $44.6 million decrease in management fees due primarily to lower average funds under management. Staff costs were $16.6 million higher compared to the prior period, primarily due to higher variable compensation expenses because ... |
| | | ... The growth of local family offices in the past five years is driving an increase in demand for investment and management staff, according to KPMG's Australian Family Office Benchmark Report 2023. The survey, produced by KPMG together with Agreus ... |
| | | ... engagement in the process," he said. Woolworths decision followed closely on the heels of Australia Post transitioning its staff superannuation arrangements to ART, bringing in $8 billion and 28,000 members. ART is also in the process of acquiring funds ... |
| | | ... business and strong understanding of Zenith's operations and client base, I'm confident our clients, stakeholders and staff will be in good hands under his leadership. I believe that the business requires an experienced, strategic leader and ... |
| | | ... attributed to the loss include increased technology spend, higher salaries due to inflation, and higher spend on contract staff as part of the transformation strategy. Additionally, EBITDA dropped by 55% to $29.4 million from $59.5 million in the prior ... |
| | | ... been dismissed. The case was first brought by ASIC in June 2020 and related to the distribution of Essential Super. CBA staff signed up over 390,000 people to CFS's Essential Super between July 2013 and June 2019 in branches and online. Under an ... |
| | | ... Creativemass and Advice Intelligence, Garret said Six Park is "definitely not in voluntary administration" but has "scaled back the staff and ceased the service as currently deployed" and is open to redeploying the application to the right acquirer or ... |
| | | ... Its acquisition of People's Choice Credit Union's financial planning business (PCCU) in February 2022 added 40 new staff members to the offices in South Australia and Darwin. At the time it was acquired, PCCU had FUA of $1.1 billion. This has ... |
| | | ... that on the back of the results, there should be no reason for it to continue to close branches, offshore jobs, and force staff to work in the office for half the time. The union recently lodged a dispute at the Fair Work Commission challenging the bank's ... |
| | | ... Chester that likely sparked the regulator's interest in Mayfair. Another request sought to access messages between ASIC staff, liquidators and a trustee associated with Mayfair's IPO Wealth entities which Mayfair believes will shed light on why ... |
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