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Showing 311 - 320 of 6744 results for "Profit"

Former Western AM investment chief charged for 'cherry-picking'

MATTHEW WAI  |  TUESDAY, 26 NOV 2024
... "egregious abuse of power." "By hand-picking trades and sending them to portfolios he favoured, Leech allegedly stood to profit personally and professionally," he said. The investigation is being conducted with the assistance of the Federal Bureau of ...

Treasury consults on new crypto tax laws

ELIZA BAVIN  |  FRIDAY, 22 NOV 2024
... introduction of a new, optional Non-Reporting Financial Institution category for Investment Entities that are genuine non-profit organisations and the creation of a new Excluded Account category for capital contribution accounts."

Top advisers champions in two key areas: Iress

MATTHEW WAI  |  THURSDAY, 21 NOV 2024
New research by Iress reveals the aspects top advisers typically excel in and highlights processes that are "ripe for industry-wide improvement" to drive efficiencies. The Advisely Index Report revealed top Australian advice practices serve 40% more ...

Cbus confirms CFMEU nominations to board

ELIZA BAVIN  |  TUESDAY, 19 NOV 2024
... said. Weber is a qualified lawyer and has more than 17 years' experience practicing law in the private and not-for-profit sectors. She is also currently the director of legal and industrial programs in the national office of the CFMEU. A Cbus spokesperson ...

ClearView's share price tanks 31%

KARREN VERGARA  |  TUESDAY, 19 NOV 2024
ClearView's share price tanked more than 30% following its annual general meeting (AGM) in early November, but the firm could not explain why. The ASX-listed firm's share price traded at 52 cents at the close of November 6 then dropped to 36 cents the ...

Admin and compliance taking up 56% of advice practice costs

ELIZA BAVIN  |  MONDAY, 18 NOV 2024
Fintech firm elemnta has released new research looking at data-related challenges impacting Australia's wealth management sector. The research highlights data fragmentation and lack of standardisation as the primary hurdles preventing scalable ...

Treasury consults on beneficial ownership disclosure reforms

JAMIE WILLIAMSON  |  FRIDAY, 15 NOV 2024
The government is again consulting on its plans to increase disclosure requirements in relation to ownership of listed entities. Treasury has commenced a second consultation relating to its plans to implement a public beneficial ownership register ...

Insignia Financial eyes 'most efficient' title by 2030

JAMIE WILLIAMSON  |  WEDNESDAY, 13 NOV 2024
Insignia Financial is hoping artificial intelligence (AI) and a direct-to-consumer superannuation push will see it become Australia's "leading and most efficient" wealth manager and save $200 million per annum by 2030. Revealing its five-year strategy ...

Bell Financial Group bids $51m for SelfWealth

KARREN VERGARA  |  WEDNESDAY, 13 NOV 2024
... the end of June, SelfWealth had 128,700 active traders and made $27.6 million in operating revenue and $3.4 million in profit. SelfWealth chair Christine Christian said the board and management view the proposal as "compelling for SelfWealth's shareholders ...

Bragg calls for Cbus to front Senate

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2024
Senator Andrew Bragg has called on Cbus chief executive Kristian Fok to face a Senate inquiry over the recent legal proceedings launched by ASIC against the fund and the CFMEU scandal. "The reason that we're having a Senate inquiry in Canberra into ...