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Showing 1741 - 1750 of 8245 results for "June"

Bell Financial Group profits up 44%

KANIKA SOOD  |  THURSDAY, 14 JAN 2021
... Porter Capital (margin lending, cash accounts, structured loan products). Its first half revenue for the period ending 30 June 2020 was $129 million - up 7.4% from 30 June 2019. Net profit was $14.3 million - up 2.6%. Last year, it acquired Macquarie ...

MLC Life appoints executive

KANIKA SOOD  |  WEDNESDAY, 13 JAN 2021
... customers, advisers, and superannuation funds. He reports to MLC Life Insurance chief executive Rodney Cook, who joined in June last year. "Michael's appointment, in addition to the recent capital injection from Nippon Life and NAB, demonstrates ...

HESTA hikes group insurance premiums again

KANIKA SOOD  |  TUESDAY, 12 JAN 2021
... the loading impacting our members was in line with or below current industry price impacts," he said. In the year ending June 2020, HESTA received $210 million in insurance premiums from members, down 10% over FY19. The fund said it paid over $150 million ...

AustralianSuper breached member's privacy: Regulator

KANIKA SOOD  |  TUESDAY, 12 JAN 2021
... AustralianSuper in November 2014 during which they engaged two law firms. However, by the time AustralianSuper paid out the claim in June 2016, WG had let go the law firms' services. WG made four claims in their complaint to the OAIC: that AustralianSuper ...

HESTA hires from Frontier

KANIKA SOOD  |  MONDAY, 11 JAN 2021
... investment leadership structure. Sommers reports to HESTA's head of portfolio design Stephanie Weston, who joined in June 2020. He spent seven years at Frontier, leading a team covering research and specialist advice to clients on derivative strategies ...

Tasplan says goodbye to lifecycle MySuper

KANIKA SOOD  |  MONDAY, 11 JAN 2021
... of this, Tasplan will close its MySuper option called OnTrack, which used a lifecycle structure. According to APRA data at June end, the OnTrack option housed just over half or $6 billion of Tasplan's total assets. "...One of the reasons for these changes ...

AMG Super rebrands divisions to cut costs

KANIKA SOOD  |  MONDAY, 11 JAN 2021
... over the next three years. However, he declines to comment on current expenses. AMG Super had about 24,222 members as at 30 June 2020, after falling 9% in the year. It has about 15,000 members now, after consolidation of lower-balance accounts. The fund ...

WAM sees court win over Keybridge

ELIZA BAVIN  |  FRIDAY, 8 JAN 2021
Keybridge Capital has lost its legal battle against WAM Active over the latter's takeover attempts from last year. In June 2020, Keybridge launched legal proceedings against WAM alleging it had improperly transferred 16 million Keybridge shares into ...

David Atkin joins ME Bank board

KANIKA SOOD  |  THURSDAY, 7 JAN 2021
... announced it had hired Atkin as deputy chief executive with operational leadership of the business in an interim capacity until June 2021, while AMP continues its search for a permanent chief executive.

Arowana winds up LIC

KARREN VERGARA  |  THURSDAY, 7 JAN 2021
... beating the benchmark's 7.7% net of fees. It paid a fully franked yield of 15% based on the closing price of $0.79 as at 30 June 2020. While the board said it supports the value-based investment strategy, CVF's investment portfolio against the ...