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Showing 291 - 300 of 3926 results for "November"

Equity Trustees completes AET integration

ELIZA BAVIN  |  THURSDAY, 5 DEC 2024
... earnings accretive from day one," he said. AET was acquired from SFG Australia, a wholly owned subsidiary of Insignia in November 2022, and funded through a combination of debt and equity. At the time of the acquisition, Equity Trustees announced its ...

GDP grows but still slow: 'Confirms our worst fears'

ELIZA BAVIN  |  WEDNESDAY, 4 DEC 2024
... Sycamore said the soft GDP read reflects the RBA's restrictive policy settings. "The RBA's latest forecasts from the November Statement of Monetary Policy suggest an expectation that growth will pick up to 1.5% by December 2024 before climbing to ...

Netwealth celebrates $100bn amid 25th anniversary

JAMIE WILLIAMSON  |  TUESDAY, 3 DEC 2024
... Netwealth has marked 25 years in business by crossing $100 billion in funds under administration (FUA) on its platform. On November 28, Netwealth achieved FUA of $100 billion, comprised of $99.5 billion in custodial FUA and $0.7 billion non-custodial. ...

Sally Auld to take on chief economist role at NAB

ELIZA BAVIN  |  TUESDAY, 3 DEC 2024
... departure of Maria Lykouras as JBWere chief executive. Financial Standard understands that under the changes, announced in November, Lykouras' role was made redundant with two new roles created that were set to report to Michael Saadie. At the time ...

Firms treat CSLR as 'insurance policy': FAAA

KARREN VERGARA  |  MONDAY, 2 DEC 2024
... report by the last sitting day of March 2025. The committee is currently reviewing the submissions, which were due on November 1. In an update on its progress, FAAA senior manager government relations and policy George John is hopeful that the committee ...

AMP completes advice licensees sale

KARREN VERGARA  |  MONDAY, 2 DEC 2024
... executive general manager for investment services. Matt Brown has been leading Fortnum and PFS as chief executive since November 2023. "Our model supports multiple advisory brands and propositions under the one roof, underpinned by high quality, centralised ...

Self-regulation on the cards: FAAA

KARREN VERGARA  |  THURSDAY, 28 NOV 2024
... Shortage List. The financial advice occupation faces the same shortage as child carers, chefs, and aged care workers. In November, the FAAA signed a memorandum of understanding (MoU) with the Financial Planning Standards Board (FPSB) India to help to ...

Bell Financial takes lead on SelfWealth takeover

KARREN VERGARA  |  MONDAY, 25 NOV 2024
... cents per share. The revised offer puts a 108% premium to the last close share price of SelfWealth of 12 cents as at November 12. BFG's offer raises the value of SelfWealth to $57.7 million. SelfWealth told its shareholders to vote in favour of the takeover ...

Australian Unity Office Fund to be wound up

ELIZA BAVIN  |  THURSDAY, 21 NOV 2024
... special distribution from the sale of 64 Northbourne Avenue, Canberra of 9 cents per AOF unit, which was announced on 18 November 2024 and is expected to be paid to AOF unitholders on or around 6 December 2024." Australian Unity said it expects to return ...

Former adviser charged with dishonest conduct

KARREN VERGARA  |  TUESDAY, 19 NOV 2024
... services. Former Brisbane-based financial adviser Kristofer Ridgway appeared at Southport Magistrates Court in Queensland on November 18. Ridgway allegedly facilitated investments on behalf of clients in Steppes Alternative Asset Management and Trinus ...