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Showing 551 - 560 of 6207 results for "SIX"

Iress loses key wealth executive

ELIZABETH FRY  |  FRIDAY, 1 MAR 2024
Amara Haqqani has quit the financial software and data firm after just six months as it struggles to lift profits. The departure of Haqqani, chief product and operating officer for Iress' wealth business, comes as the firm reported a bottom-line ...

Senior equity manager exits Cbus

ELIZABETH FRY  |  FRIDAY, 1 MAR 2024
... was made redundant. Weickart joined Cbus as a senior investment analyst in July 2016 within the public markets team. After six months, she was promoted to senior portfolio manager of equities. In December 2022, Cbus made five new appointments as part ...

Platinum plans turnaround, FUM dwindles

KARREN VERGARA  |  FRIDAY, 1 MAR 2024
... year, while profit after tax was $35.6 million. The second stage of its overhaul, which will be implemented over the next six-plus months, involve enhancing the investment platform, building improved product and distribution capability through new channels ...

Perpetual profit, operating revenue lifts

ANDREW MCKEAN  |  THURSDAY, 29 FEB 2024
... earnings. Operating revenue for the half year was $657.8 million, an increase of 69% on 1H23, thanks to Pendal Group's full six-month contribution, growth in corporate trust, and increased non-market wealth management revenues. Accordingly, the board ...

Super assets reach $3.7tn

KARREN VERGARA  |  WEDNESDAY, 28 FEB 2024
... super funds' AUM grew at a slower pace of 8% to reach $713 billion. There are now 108 APRA-regulated entities with more than six members, dwindling down from 116. There were 614,705 SMSFs at the end of December, growing 3% during the period. Super funds ...

HSBC wins $23bn in admin, custody mandates

JAMIE WILLIAMSON  |  FRIDAY, 23 FEB 2024
... Services Association (ACSA) statistics, HSBC Custody Nominees added more than $20 billion to its assets under custody in the six months to December end. It now has $84.9 billion on its books; $62.2 billion in Australian assets and $22.7 billion in non-Australian ...

ESSSuper welcomes strategy lead

ELIZABETH FRY  |  FRIDAY, 23 FEB 2024
... insights. Among other tasks, she will lead strategy meetings with the executive leadership. deVries replaces Sue Johnson who left six months ago to join the Australian Financial Complaints Authority as a strategic insights manager. deVries joins the ...

ASIC waves red flag at advisers, trustees over Choice products

JAMIE WILLIAMSON  |  THURSDAY, 22 FEB 2024
... the underperforming products under review were on their approved product lists or were otherwise approved by the licensee. Six licensees based their product approvals on availability of options within certain Choice products or a minimum external product ...

Risk, compliance staff in hot demand

JAMIE WILLIAMSON  |  WEDNESDAY, 21 FEB 2024
... lean teams. This is further amplified by organisations' internal time to hire vacant roles stretching into the four- to six-month mark," Chisholm said. "With time to hire at an all-time high, this leaves current staff to cover the existing workloads ...

Aussies do not underspend in retirement, say super funds

JAMIE WILLIAMSON  |  WEDNESDAY, 21 FEB 2024
... on a sound evidence base," Schubert said. The SMC's findings are drawn from data on 220,000 pre-retirees and retirees from six of its member funds, a qualitative and quantitative survey of 1562 pre-retirees and retirees aged 55-74, ABS data and the HILDA ...