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Showing 181 - 190 of 927 results for "half-year"

JBWere appoints advice general manager

KANIKA SOOD  |  FRIDAY, 12 JUN 2020
JBWere has followed up last week's appointment of a new chief investment officer with a new general manager of advice. Andrew Bird, who was most recently JBWere's head of advice for Victoria, is moving into the role of general manager, advice ...

Fidante adds to London office

KANIKA SOOD  |  FRIDAY, 15 MAY 2020
... $9 million in intangible asset and wind up costs following the closure, Financial Standard first reported. Fidante's half year results for the period ending December 2019 said its income margin slipped marginally from 16 bps in 1H19 to 15 bps in 1H20 ...

QSuper not to appeal AFCA win

KANIKA SOOD  |  THURSDAY, 7 MAY 2020
The $110 billion superannuation fund has decided to not appeal a Federal Court order upholding an AFCA decision but says it creates further obligations for superannuation trustees. In April, QSuper's board appealed unsuccessfully to the Federal ...

Aussie banks battered by pandemic

ALLY SELBY  |  TUESDAY, 5 MAY 2020
... down more than 40% compared to the same time last year. According to EY analysis of Australia's big four banks' half year results, combined cash earnings were down $14.5 billion or 42.6% from the comparative period. There has also been a significant ...

Adviser bans fall

ELIZA BAVIN  |  THURSDAY, 30 APR 2020
ASIC has revealed it adviser bans dropped by more than half in the second half of 2019, from 103 to 48. The figures were released in the regulator's half yearly ASIC Enforcement Update along with an outline of its enforcement strategy for 2020. However ...

Dividends could take years to return: UBS

ELIZA BAVIN  |  TUESDAY, 28 APR 2020
... since our data starts from 1999," Stoltz said. NAB was the first of Australia's big banks to slash its dividend in its half year results, as well as announcing a $3.5 billion capital raise.

A case for flexible asset allocation: First Sentier

ALLY SELBY  |  MONDAY, 27 APR 2020
Investment managers with fixed multi-asset allocations may have been better served by a flexible approach during the COVID-19 crisis. That's according to First Sentier Investors, who argue a flexible, dynamic multi-asset approach to investing can ...

MLC Life executive joins AFCA

HARRISON WORLEY  |  FRIDAY, 17 APR 2020
A member of MLC Life's leadership team has been appointed lead ombudsman for investments and advice at AFCA. A former industry super fund has also joined the body as lead ombudsman for superannuation. MLC Life Insurance chief of customer operation Natalie ...

QSuper board takes AFCA decision to court

KANIKA SOOD  |  THURSDAY, 16 APR 2020
QSuper has appealed against an AFCA decision favouring a member complaint seeking a refund on insurance premiums in the Federal Court. QSuper member Tommy Lam last year successfully complained to the Australian Financial Complaints Authority (AFCA) ...

Not safe to launch: APRA

HARRISON WORLEY  |  WEDNESDAY, 8 APR 2020
... APRA's guidance into account" when considering the bank's 2020 interim dividend settings as part of the 2020 half year results process. APRA's warnings come as ratings agency Fitch downgrades the Issuer Default Ratings (IDR) ratings of Australia's ...