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Showing 2891 - 2900 of 20552 results for "BEN"

Westpac reports $3.1bn in cash earnings

ANDREW MCKEAN  |  MONDAY, 9 MAY 2022
The bank's cash earnings dropped due to competitive pressures on net interest margins and reduced credit impairment benefits. More promisingly, Westpac's earnings were up 71% compared to the second half of last year due to the success of its cost reset ...

Non-negotiables for recruiting in the new normal

JAMIE WILLIAMSON  |  MONDAY, 9 MAY 2022
The wealth management industry is not immune to the great resignation, but there are ways to avoid being hit too hard, Super Recruiters says. The recruitment agency said that while many wealth management organisations are striving to get back to the ...

Cbus executive named ESSSuper chief

JAMIE WILLIAMSON  |  FRIDAY, 6 MAY 2022
Following the exit of Mark Puli in January, ESSSuper has named its new chief in Cbus group executive Robbie Campo. Campo will assume the top job at the $35 billion government fund in July. She was appointed following an extensive recruitment process ...

Managed accounts drive profit, revenue surge

JAMIE WILLIAMSON  |  FRIDAY, 6 MAY 2022
Financial advice firms using managed accounts for the last three years have seen almost 80% more profit per owner than those without, new research shows. Latest insights from Praemium and Business Health show practices using managed accounts achieved ...

BUSSQ board fully stocked again

JAMIE WILLIAMSON  |  FRIDAY, 6 MAY 2022
... superannuation and broader wealth management, 22 years of which were spent at BUSSQ. Joining alongside her is employer representative Ben Young. Young is the owner and operator of Workplace Compliance Australia and is workplace relations director at ...

Senator Bragg defends domestic crypto ETFs

ANDREW MCKEAN  |  THURSDAY, 5 MAY 2022
In a letter to ASIC, Liberal senator Andrew Bragg has welcomed foreign crypto ETF competition but not before domestic products have become widely available. Bragg asked the regulator to confirm it will not provide an uneven playing field for foreign ...

AMG Super hires to distribution team

CHLOE WALKER  |  THURSDAY, 5 MAY 2022
AMG Super has appointed the former head of distribution at Powerwrap to a business development role. Richard Carr is joining the super fund as a business development manager, based in Melbourne. In this role, he will oversee distribution in Victoria ...

US Federal Reserve enacts biggest rate hike in 22 years

ANDREW MCKEAN  |  THURSDAY, 5 MAY 2022
The US Federal Reserve has raised rates by 0.5%, the most aggressive interest rate increase in over 20 years. In his opening statement, Federal Reserve chair Jerome Powell said: "Inflation is much too high, and we understand the hardship it is causing ...

BennBridge appoints new chief executive

ANDREW MCKEAN  |  THURSDAY, 5 MAY 2022
Bennelong's offshore subsidiary, BennBridge UK and Europe, has appointed Robert McKillop as chief executive. McKillop has almost 30 years of experience in asset management leadership across investment, distribution, and product functions. McKillop's ...

Apex completes MMC, IFAA acquisition

CHLOE WALKER  |  WEDNESDAY, 4 MAY 2022
Apex has finalised its acquisition of New Zealand's MMC Group, including local subsidiary IFAA Group, marking its entry into New Zealand. MMC provides administration services to investment managers and IFAA does the same for Australian superannuation ...