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Showing 451 - 460 of 3775 results for "Maintain"

Challenger profits up, share price falls

ANDREW MCKEAN  |  TUESDAY, 18 FEB 2025
Challenger has reported a normalised net profit after tax (NPAT) of $225 million, up 12%, driven by higher earnings across its retirement income brand, Life, and its funds management division, according to its first-half 2025 results announcement. The ...

HMC Capital boosts AUM by 45% to $19bn

KARREN VERGARA  |  TUESDAY, 18 FEB 2025
... HMC-sponsored consortium to acquire and recapitalise Healthscope. "Importantly, HMC is looking for a solution that seeks to maintain the Healthscope's operating platform, avoids or minimises hospital closures and maintains jobs," he said. Last July ...

Centaur goes self-licensed, appoints former dealer group head

ANDREW MCKEAN  |  FRIDAY, 14 FEB 2025
... - head of people and culture - have built is what makes it so special," Ross said. The challenge, however, will be to maintain that culture as the business grows, with Doughty playing a pivotal role. Equally important will be keeping operations and structures ...

ASX reports 'record' revenue for 1H25, lags in listings

MATTHEW WAI  |  THURSDAY, 13 FEB 2025
The Australian Securities Exchange (ASX) has reported record operating revenue for its half-year result ending 31 December 2024. Following a turnaround year, the exchange saw its operating revenue surge 5.9% to $541.9 million from the previous corresponding ...

Convicted adviser banned over $2m theft

MATTHEW WAI  |  MONDAY, 10 FEB 2025
Former financial adviser Lachlan King has been permanently banned by ASIC for stealing close to $2 million in client funds, including family members. The banning took effect on February 5, with Queensland-based King currently in prison after being convicted ...

Almost half of HESTA members retire involuntarily

ELIZA BAVIN  |  MONDAY, 10 FEB 2025
... concerned about potential health issues or medical expenses. Half of those surveyed were concerned about not being able to maintain their desired lifestyle, while 30% were concerned about social isolation or loneliness. HESTA chief executive Debby Blakey ...

Perennial appoints co-head of private investments

ELIZA BAVIN  |  TUESDAY, 4 FEB 2025
... firm's private company investments and portfolio management activities over the last 10 years. Perennial said Fay will maintain his connection with Artesian as a venture partner going forward. Prior to Artesian, Fay was a managing director at UBS ...

BUSSQ loses legal bid to overturn additional licence conditions

ANDREW MCKEAN  |  MONDAY, 3 FEB 2025
Industry superannuation fund BUSSQ has lost its legal challenge against APRA, with the Federal Court dismissing its bid to overturn additional licence conditions. Last August, APRA imposed additional licence conditions on BUSSQ's trustee over concerns ...

Civitas appoints new business partner

ANDREW MCKEAN  |  FRIDAY, 31 JAN 2025
... challenges it represents. "I've known Mark for many years, and together we are committed to helping our practices build and maintain successful businesses," he said.

Rest calls for advice reforms, extending SG

ELIZA BAVIN  |  FRIDAY, 31 JAN 2025
Rest has called on the Australian government to implement reforms that it says are critical to make the super system fairer. The super fund released its 2025-26 pre-Budget submission, which outlined 10 key recommendations. These recommendations included ...