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Showing 4571 - 4580 of 28259 results for "NOT"

MobiSuper, licensee to pay $250k penalty

JAMIE WILLIAMSON  |  MONDAY, 29 AUG 2022
... didn't take reasonable steps to ensure such failures didn't occur, ASIC said. "The Federal Court also found that ZIB did not comply with its obligation to ensure that the financial services covered by its licence, as provided by MobiSuper, were ...

FICAP raises over $120k for charity

CASSANDRA BALDINI  |  FRIDAY, 26 AUG 2022
FICAP's annual fundraiser returned for the first time since 2019 last night, raising over $120,000 for SHINE for Kids and the Starlight Children's Foundation. Speaking at the event, FICAP chair Marnie McLaren said: "It's so exciting to see ...

Online investor numbers taper out: Report

ANDREW MCKEAN  |  FRIDAY, 26 AUG 2022
... the pandemic. Though more optimistically, most dormant investors surveyed expressed a strong interest in re-engaging in the not-so-distant future. A statement from Investment Trends said: "The ability for online platforms to provide relevant educational ...

Not ruling anything out: Insignia Financial

CASSANDRA BALDINI  |  FRIDAY, 26 AUG 2022
Having attributed its strong FY22 earnings to its recent acquisitions, Insignia Financial's Renato Mota is not ruling out future M&A opportunities to add scale. "We have undertaken two large acquisitions, I think that's provided us with tremendous ...

Platinum remains positive despite net profit loss

CHLOE WALKER  |  FRIDAY, 26 AUG 2022
While the asset manager realised an 8.6% loss in funds under management for the year to June 30 and will soon farewell Kerr Neilson, the firm's outlook is positive. Platinum saw a 38% net profit after tax loss, down to $101 million. The profit slide ...

Australian Ethical sees profits drop, record super flows

JAMIE WILLIAMSON  |  FRIDAY, 26 AUG 2022
... disciplined investment in our business, balanced with careful cost management. We are prudent stewards of capital, but we're not afraid to invest for the long term when we see a change to further strengthen our advantages," Australian Ethical chief ...

A strong super system cushions the economy: ISA

ANDREW MCKEAN  |  THURSDAY, 25 AUG 2022
... investment, you have to wait to see over time if it's paid off, you can't be looking in the first year as to whether or not you've got returns when investing in early stage, innovative companies. You need to be patient and industry funds ...

Insignia Financial profits jump 59% to $234.5m

CASSANDRA BALDINI  |  THURSDAY, 25 AUG 2022
... from 256 to 296. Insignia said this was primarily due to the loss of smaller practices in the self-employed channel that are not able to transition to the new sustainable advice model. In a presentation to investors, it said it will continue its simplification ...

Adviser standards consultation commences

JAMIE WILLIAMSON  |  THURSDAY, 25 AUG 2022
... requirement, an adviser must have had 10 years of full-time equivalent experience in the 15 years to 1 January 2019. It does not have to be 10 consecutive years. The 15-year period was selected as it covers significant events, including the Global Financial ...

Calls for greater efforts to close gender pay, super gap

ANDREW MCKEAN  |  WEDNESDAY, 24 AUG 2022
... bargaining power over what they are paid, particularly in today's tight labour market." However, Grant surmised that many women may not know about the existence of the wages gap as salaries are confidential, so she stated the onus is on employers to ...