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Showing 481 - 490 of 1851 results for "Financial Group"

Magellan to move to higher tax rate

KANIKA SOOD  |  WEDNESDAY, 18 AUG 2021
Magellan Financial Group will start paying taxes at the full 30% rate from FY24, as the government abolishes laws that allowed it to pay only 10% tax on offshore earnings. MFG paid tax at 21.4% in the year ending June, lower than the 30% tax rate that ...

Magellan profits dip

KANIKA SOOD  |  TUESDAY, 17 AUG 2021
Magellan Financial Group reported a 33% drop in its net profit after tax to $265.2 million in FY21, as its performance fee revenue slid 63% and recent investments drew a loss of $41.8 million. MFG ended FY21 with $103.7 billion in average funds under ...

La Trobe unveils two income products

KARREN VERGARA  |  WEDNESDAY, 11 AUG 2021
La Trobe Financial Group has launched two products in a bid to combat the low interest rate environment. The first product, the 6 Month Notice Account, with a variable rate of 2.50% p.a. calculated monthly allows investors to access their funds with ...

Contango appoints two distribution leads

KARREN VERGARA  |  THURSDAY, 5 AUG 2021
... Totus Capital and QVG Capital. His experience in financial services includes working in firms such as IOOF, BT Financial Group and Ausbil Investment Management. Reporting to Aitken, Fitter has been promoted to head of distribution retail, shortly after ...

Centrepoint names chief executive

KARREN VERGARA  |  WEDNESDAY, 4 AUG 2021
A former BT Financial Group executive will take the reins of Centrepoint Alliance from today. John Shuttleworth is the new chief executive of the ASX-listed firm, taking the place of Angus Benbow who left the industry in May. Shuttleworth held several ...

Goldman Sachs hires for family office offering

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 AUG 2021
... announced that it would launch a local high-net-worth offering for private clients. Shortly after that, Sequoia Financial Group launched Sequoia Family Office targeting those with between $5 million and $100 million in investable assets.

Shadforth appoints Queensland head

KANIKA SOOD  |  TUESDAY, 3 AUG 2021
... group has appointed a head in Queensland, reporting to chief executive Terry Dillon. Steven Parry joined Shadforth Financial Group on August 2. He was most recently general manager at Integro Private Wealth. Prior to this he worked at BT Financial Group ...

Milford adds to team

KANIKA SOOD  |  FRIDAY, 30 JUL 2021
... Macquarie Bank across its wealth management, private wealth and advice businesses. Prior to this, he worked at BT Financial Group in lending. The second hire is Hayley Cochrane who joins as a business development manager for Victoria, South, Australia ...

PADUA accelerates distribution effort

KARREN VERGARA  |  THURSDAY, 29 JUL 2021
As it ramps up its expansion strategy, PADUA Financial Group has appointed a distribution lead from BT Financial Group who will be joined by three new hires. Brett Canning joins PADUA as head of sales and distribution after spending over 20 years at ...

IOOF advice outflows soar

ANNABELLE DICKSON  |  THURSDAY, 29 JUL 2021
... subject to final audit, for the full year ended 30 June 2021 relating to goodwill associated with Shadforth, DKN Financial Group and Bridges and reflects the termination of the platform relationship with BT Portfolio Services.