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Showing 3961 - 3970 of 11511 results for "DIV"

Midwinter expands advice software business

ELIZA BAVIN  |  FRIDAY, 21 FEB 2020
Midwinter Financial Services has announced three new appointments as it expands its advice software business. The appointments are across its sales, marketing and customer service functions of the cloud-based software business. Andrew Whelan was appointed ...

OneVue recoups $4.36m from Sargon

KANIKA SOOD  |  THURSDAY, 20 FEB 2020
OneVue Holdings has sold Sequoia shares which it took control of earlier this month from a Sargon subsidiary. Now, it's scouting buyers for Madison Financial Group. The Sequoia shares fetched OneVue net proceeds of $4.36 million (or about 18 cents a ...

Status quo not option for remuneration: APRA

ELIZA BAVIN  |  THURSDAY, 20 FEB 2020
APRA chair Helen Rowell used her speech at an Australian Institute of Company Directors breakfast to push the ongoing need for accountability in financial services and said APRA plans to push ahead with its draft remuneration plan despite harsh criticism. ...

Profits down as Perpetual looks to future

HARRISON WORLEY  |  THURSDAY, 20 FEB 2020
Perpetual posted a smaller profit in the first half of the financial year,impacted by net outflows and forcing a greater focus on "strategic growth initiatives". The wealth manager recorded a $51.6 million net profit after tax in the first half, a result ...

New private credit fund to launch

ELIZA BAVIN  |  THURSDAY, 20 FEB 2020
A new investment fund, seeking to be the most diversified private credit fund in Australia, is set to be launched by a former UBS executive. Debt solutions provider iPartners said it is launching the iPartners Investment Fund in response to "strong ...

SMSFs interrupted in 2019: SuperConcepts

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 FEB 2020
In providing a technical update, SuperConcepts general manager of technical services Peter Burgess has said many of the reforms set to impact SMSFs proposed last year are still yet to eventuate. Speaking at the 2020 SMSF Association conference, Burgess ...

Focus to acquire stake in MEDIQ

KANIKA SOOD  |  WEDNESDAY, 19 FEB 2020
Following its acquisition of a stake in Escala Partners, New York-based Focus Financial Partners is set to buy a slice of Melbourne-based MEDIQ Financial Services. Focus has entered a definitive agreement to partner with Ravi Agarwal's MEDIQ Financial ...

Investment Manager of the Year named

JAMIE WILLIAMSON  |  WEDNESDAY, 19 FEB 2020
The third annual Financial Standard Investment Leadership Awards were held in Sydney overnight, celebrating excellence in Australia's investment management industry. Macquarie Investment Management took out the title of Investment Manager of the ...

Bleak year for dividend growth in Australia

KANIKA SOOD  |  WEDNESDAY, 19 FEB 2020
As the world surged to a record-year in dividend payouts, Australian companies swam in the other direction and hit 2015 levels, according to Janus Henderson's global dividend index. In all, listed companies across the world paid $1.43 trillion in dividends ...

Value disconnect damages adviser relationships

ALLY SELBY  |  WEDNESDAY, 19 FEB 2020
There is disconnect between what investors value from their advisers and what advisers believe investors value, leading to frustration and a breakdown in advisory relationships. That's according to the latest research coming out of Morningstar, which ...