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Showing 1641 - 1650 of 9462 results for "tech"

Challenger reports strong results

ANDREW MCKEAN  |  TUESDAY, 14 FEB 2023
Challenger had an increase in net profit before tax despite a significant drop in statutory net profit after tax due to negative market movements. Challenger's 1H23 net profit before tax (NPBT) rose 5% to $250 million, with the higher earnings driven ...

Mason Stevens welcomes former Iress chief

CASSANDRA BALDINI  |  TUESDAY, 14 FEB 2023
... with a steady hand through a challenging period," he said. The announcement follows the recent expansion of Masons Stevens tech team. In January it hired head of platform Vien Luong and head of technology Tracy Southern. On the appointments, Yule said ...

Productivity Commission kicks off philanthropy review

CHLOE WALKER  |  MONDAY, 13 FEB 2023
The Productivity Commission review aims to boost donations to charities and meet the government's goal of doubling philanthropic giving by 2030. The Productivity Commission has been asked to consider the trends in philanthropic giving in Australia ...

Material business risk disclosure needs improvement: ASIC

KARREN VERGARA  |  MONDAY, 13 FEB 2023
ASX-listed companies continue to fall short of disclosing material business risks in their annual reports, according to the corporate regulator. ASIC commissioner Sean Hughes warned company directors to pull up their socks when it comes to improving ...

Value companies to outperform in 2023: VanEck

ANDREW MCKEAN  |  THURSDAY, 9 FEB 2023
... long-term profit margin sustainability, he said. Meanwhile, McCormack anticipates a prolonged period of weakness in the US tech sector. "This first round of tech layoffs may just be the tip of the iceberg," he said. "More cuts are likely as companies ...

Super disruptors throw in the towel

KARREN VERGARA  |  THURSDAY, 9 FEB 2023
The number of Millennial-targeted super funds continue to fall by the wayside, halving to just 14 nearly a decade after attempting to disrupt the superannuation sector. Touted as pioneers in the super industry, the likes of Future Super and Virgin Super ...

Link scores admin, technology mandate

KARREN VERGARA  |  WEDNESDAY, 8 FEB 2023
A global bank's retirement and pensions unit has awarded an administration and digital solutions mandate to Link Group as the latter expands its footprint in the region. HSBC appointed Link's Retirement & Superannuation Solutions (RSS) business to oversee ...

Alternatives fund manager names sales lead

KARREN VERGARA  |  WEDNESDAY, 8 FEB 2023
Boutique fund manager Jameson TTB appointed a distribution director to a newly created position in a bid to expand the recently rebranded firm. Matthew Afflitto joined Jameson TTB this month after working as an investment specialist and business development ...

Financial markets brace for gloomy first half

KARREN VERGARA  |  TUESDAY, 7 FEB 2023
Analysts warn that the first six months of 2023 will be the toughest for financial markets but expect more positive momentum by the end of the year. According to Fidelity International's annual analyst survey, over the next 12 months, debt defaults ...

Australian Unity recruits Vanguard veteran

ANDREW MCKEAN  |  TUESDAY, 7 FEB 2023
Australian Unity has a new executive general manager of operations for its Wealth and Capital Markets platform, recruiting from Vanguard. Australian Unity named Michael McGavigan as its new executive general manager; he joined the company on February ...