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Showing 541 - 550 of 3423 results for "Revenue"

Adviser demand up as industry turns corner: Recruiter

KARREN VERGARA  |  FRIDAY, 7 JUL 2023
... $130,000-140,000 plus super. Total employment cost (TEC) range is $140,000-$150,000 plus bonus for achieving client retention and revenue targets, plus gateway measures (such as compliance, audit, PD, teamwork etc.). Employers are increasingly willing ...

abrdn's Jollie outlines next steps

ELIZABETH FRY  |  FRIDAY, 7 JUL 2023
... to compulsory superannuation, there are real headwinds for fund managers. "Fewer superannuation fund clients, declining revenue margins, insourcing of investment management, the continued trend to passive strategies etc. will all put pressure on fund ...

AMP loses BOLR changes class action

KARREN VERGARA  |  WEDNESDAY, 5 JUL 2023
... of AMP Financial Planning who challenged AMP's decision in 2019 to slash BOLR business valuations from 4x recurring revenue to just 2.5x. Justice Moshinsky found evidence of losses incurred by the lead applicant, Equity Financial Planners, and sample ...

HESTA dumps Link as administrator

JAMIE WILLIAMSON  |  FRIDAY, 30 JUN 2023
... "continued hard work and dedication." In response, Link noted that HESTA currently represents 4% of its estimated group revenue for FY23. Link reaffirmed its FY23 guidance, adding that it now expects FY23 operating earnings before interest and taxes ...

Adviser levy tripled, labelled "deeply unfair"

JAMIE WILLIAMSON  |  THURSDAY, 29 JUN 2023
... million. Financial advisers are funding litigation costs against large institutions, when the fines are going to consolidated revenue, and advisers are left with a tiny fraction of these costs being recovered," Abood said. "For example, ASIC was successful ...

Equity Trustees reviews UK, Ireland businesses

ANDREW MCKEAN  |  FRIDAY, 23 JUN 2023
... half year ended 31 December 2022 revealed that its UK/Ireland corporate trustee services segment yielded $1.6 million revenue, an improvement from the $1.3 million recorded during the same period in 2021. Despite the revenue increase, the segment recorded ...

SMSFs brace for more reforms: Expert

KARREN VERGARA  |  TUESDAY, 20 JUN 2023
... he said. "While some argue the intention is to try to start limiting the size of super balances in order to raise tax revenue, this particular proposal in its current form has a number of fundamental flaws - specifically, the taxation of the movement ...

Allianz Retire+ makes key appointments

ANDREW MCKEAN  |  MONDAY, 19 JUN 2023
... developed and executed the asset manager's transformation strategy, simplifying business operations while diversifying revenue streams. In response to his appointment, Lloyd said: "Having served as the chief executive of MLC, one of the most rewarding ...

SMSF advisers navigate new regulation: Survey

CHLOE WALKER  |  FRIDAY, 16 JUN 2023
... now sits at 79%, up from 74% in 2022 and 72% in 2021. What's more, two in five advisers report an increase in practice revenue derived from SMSF clients over the past year. "It's pleasing to see advised SMSFs appreciate the value delivered and be amenable ...

Australian Ethical selects new administrator

ANDREW MCKEAN  |  THURSDAY, 15 JUN 2023
... ahead, Australian Ethical is set to maintain its strong performance, forecasting robust headline growth metrics for FY23. Revenue in the second half of FY23 is expected to be approximately 21% than the first half, fuelled by higher average FUM. Moreover ...