Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 241 - 250 of 3414 results for "Update"

ClearView Wealth's profit bleeds 22% in HY25

MATTHEW WAI  |  FRIDAY, 28 FEB 2025
ClearView Wealth's profit took a blow with its underlying net profit after tax (UNPAT) down 22% to $15.2 million in the six months to 31 December 2024, saying the slump was due to an "aberration" in the claims experience in the first quarter of FY25. ...

Annuities' capital settings due for change: APRA

KARREN VERGARA  |  FRIDAY, 28 FEB 2025
... factors. Challenger chief executive Nick Hamilton said the proposed change promises to be the most significant regulatory update for life insurers since the establishment of the current capital framework 12 years ago. "These amendments will be a game ...

NGS Super shutters direct investment option

JAMIE WILLIAMSON  |  THURSDAY, 27 FEB 2025
... said. Meantime, the fund also flagged it is working on a digital advice service. It was mentioned as part of a broader update in relation to its online services, which are experiencing minor disruption as it prepares to transition its administration ...

Selfwealth to proceed with Svava proposal

MATTHEW WAI  |  WEDNESDAY, 26 FEB 2025
After much back and forth between bidders, Selfwealth has forged ahead with a deal with the highest bidder. Despite a recent call for its shareholders to consider Bell Financial Group's (BFG) previous offer, Selfwealth has ultimately decided to proceed ...

Svava makes binding offer for Selfwealth, BFG given deadline to counter

MATTHEW WAI  |  MONDAY, 24 FEB 2025
... offering 22 cents for each of the platform's security - BFG's latest offer has since increased to 25 cents. Through an update last Friday, Selfwealth said should Svava's proposal result in a binding offer - which has happened - it is required by the ...

SelfWealth juggles takeover bids

MATTHEW WAI  |  FRIDAY, 21 FEB 2025
SelfWealth, the online trading platform, has provided an update as to the bidding war between Bell Financial Group (BFG) and Svava. In the latest turn of events, SelfWealth said it is "actively engaging" with Svava's proposal but reiterated that there ...

Dexus delivers profit, flags 'turning point'

ELIZA BAVIN  |  WEDNESDAY, 19 FEB 2025
Dexus delivered a statutory net profit after tax of $10.3 million in the six months to 31 December 2024 - a major change compared to the $597.2 million net loss after tax in HY24. Dexus chief executive Ross Du Vernet said the group had progressed its ...

New starter at GCQ Funds

ELIZABETH FRY  |  THURSDAY, 13 FEB 2025
Doug Tynan's GCQ Funds Management has picked up an Ellerston Capital manager to look after advisory groups in New South Wales and South Australia. Nathan Boroughs has been appointed distribution director and will work closely with GCQ distribution ...

ASIC updates on SMSF advice review

ELIZA BAVIN  |  THURSDAY, 13 FEB 2025
The Australian Securities and Investments Commission (ASIC) said reviews are underway into why consumers are advised to establish an SMSF. Plans for the review were first announced in ASIC's Corporate Plan 2024-25 and the regulator has now confirmed ...

intelliflo releases trust modelling capabilities for advisers

ANDREW MCKEAN  |  FRIDAY, 7 FEB 2025
... released trust modelling capabilities to its intelliflo office - a business management system - for financial advisers. The update allows advisers to make cashflow projections as well as add customised inputs and outputs for clients with family or discretionary ...