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Showing 541 - 550 of 7273 results for "Record"

Insignia Financial improves losses amid takeover

JAMIE WILLIAMSON  |  THURSDAY, 20 FEB 2025
Insignia Financial reported a statutory net loss of $17 million in the first half amid its ongoing takeover discussions. The loss is an improvement on the prior corresponding period when it reported a statutory net loss of $50 million. Its underlying ...

ASIC proposes further breach reporting relief

ANDREW MCKEAN  |  WEDNESDAY, 19 FEB 2025
ASIC is proposing additional relief for financial services businesses, which would scrap the need to report minor or technical breaches that don't result in a financial loss. The relief is intended to ease the compliance load on financial services ...

Challenger profits up, share price falls

ANDREW MCKEAN  |  TUESDAY, 18 FEB 2025
... re-platformed customer technology later this year. Hamilton also noted that the Life business maintained its momentum, with record lifetime and Japanese annuity sales contributing to total Life sales of $4.6 billion. "Our focus on longer duration sales ...

Custodians revel in double-digit gains

JAMIE WILLIAMSON  |  TUESDAY, 18 FEB 2025
... trillion. Sub-custody assets grew by 6.3% to a total of $2.3 trillion. Overall, assets under custody rose by 8% to another record high of $5.44 trillion as at December end.

UniSuper prepared for buying opportunities

ELIZA BAVIN  |  TUESDAY, 18 FEB 2025
UniSuper chief investment officer John Pearce has provided an outlook for markets in the year ahead, with a positive yet subdued sentiment. Pearce said that while 2023 and 2024 were both bumper years for markets - with returns greater than 20% - he ...

Fiducian FUMAA swell to $14.4bn

KARREN VERGARA  |  MONDAY, 17 FEB 2025
Fiducian Group reported an 11% increase in funds under management, administration, and advice (FUMAA) to $14.4 billion thanks to improved inflows and the steady rise of the financial markets. The funds management business saw assets grow by 16% in the ...

Iress creates dedicated customer role

MATTHEW WAI  |  MONDAY, 17 FEB 2025
... advice to more people." Iress chief executive, wealth APAC Kelli Willmer said Webb's deep understanding and proven track record across the wealth management landscape and will help steer the business. "I'm confident Adam will be a great asset ...

GQG records US$1.7bn net flows in January

MATTHEW WAI  |  MONDAY, 17 FEB 2025
GQG Partners has recorded US$1.7 billion net flows in January, bringing its total funds under management to US$160.4 billion. The firm recorded US$20.2 billion net flows throughout last year, nearly doubling its net flows of US$10.2 billion in 2023. ...

Advisers must improve public awareness to win Australians' trust: Report

ANDREW MCKEAN  |  FRIDAY, 14 FEB 2025
Financial advisers will need to improve public awareness to win over millions of Australians, many of whom still don't know what an adviser does or how they add value, according to an intelliflo whitepaper. The emphasis to articulate what a professional ...

HMC Capital bolsters insto team

ELIZABETH FRY  |  THURSDAY, 13 FEB 2025
... HMC Capital, said: "We are thrilled to welcome Claire to the team." " Her extensive experience, network and proven track record in capital raising will be invaluable as we continue to expand our institutional investor base and explore new opportunities. ...