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Showing 181 - 190 of 5291 results for "customer"

Perpetual flags 'uncertainty' over wealth management sale

ELIZA BAVIN  |  THURSDAY, 28 AUG 2025
... advice." The group reported a statutory loss after tax of $58.2 million, factoring in non-cash impairments of goodwill and customer contracts of $134.6 million primarily related to the J O Hambro asset management boutique, as well as costs associated ...

Invesco sells intelliflo to Carlyle Group

KARREN VERGARA  |  WEDNESDAY, 27 AUG 2025
... is a mission-critical software provider to the UK's wealth management ecosystem, with a deeply embedded and loyal customer base. We are excited to partner with Nick, Bryan, and the team to unlock the company's full potential and deliver a new ...

Commonwealth Super delivers 'resilient' performance for FY25

MATTHEW WAI  |  WEDNESDAY, 27 AUG 2025
Commonwealth Superannuation Corporation (CSC) posted its FY25 results, saying it continues to meet its objectives for members. The super fund delivered 10.6% for its default PSSap MySuper Balanced option, designed for Australian government employees ...

Allianz Retire+ streamlines business, trims workforce

KARREN VERGARA  |  TUESDAY, 26 AUG 2025
... market presence, while at the same time ensuring we manage our business and teams in the most efficient manner, with customer needs at the forefront." Last month, Adrian Stewart left Allianz Australia Life Insurance and Allianz Retire+ after he was appointed ...

CBA appoints head of Australian economics

ELIZA BAVIN  |  TUESDAY, 26 AUG 2025
Commonwealth Bank (CBA) has announced Belinda Allen will take on the role of head of Australian economics after Gareth Aird left the bank in July. Allen will be responsible for developing the bank's Australian economic forecasts, views on the Reserve ...

Powerwrap drags Praemium performance, SMAs shine

KARREN VERGARA  |  MONDAY, 25 AUG 2025
Praemium's separately managed accounts (SMA) business reported $610 million of net inflows while Powerwrap's outflows topped $299 million for the 2025 financial year. In addition to the SMA business, total funds under administration (FUA) was ...

Binance under microscope over loose controls

MATTHEW WAI  |  MONDAY, 25 AUG 2025
... transaction volumes. "This is a global company operating across borders in a high-risk environment. We expect robust customer identification, due diligence and effective transaction monitoring," Thomas said. "I remind all digital currency exchanges to ...

Insignia Financial back in the black

JAMIE WILLIAMSON  |  THURSDAY, 21 AUG 2025
After reporting a $185 million loss last year, Insignia Financial has clawed its way back to a $16.1 million profit in FY25. Insignia Financial has undergone an extensive cost optimisation program in recent years, which included transitioning its master ...

Netwealth reports record FY25 results

MATTHEW WAI  |  THURSDAY, 21 AUG 2025
... and functionality to maintain this advantage, driving platform scale, efficiency and, most importantly, high levels of customer satisfaction experienced by our clients," Netwealth said. Additionally, the platform also saw adviser numbers rise to 3971 ...

Perpetual flags $153.7m impairment

ELIZA BAVIN  |  THURSDAY, 21 AUG 2025
... $128.2 million for the second half of the financial year, predominately related to the carrying value of goodwill and customer contracts for the J O Hambro boutique within the asset management business. "As previously announced in Perpetual's quarterly ...